MORTGAGES
MORTGAGES AND LOANS FOR PROPERTY PURCHASES IN FUERTEVENTURA
EXPERT MORTGAGE SOLUTIONS TO HELP YOU SECURE THE PERFECT PROPERTY
At GoldAcre Estates, we are committed to helping you understand the full range of mortgage options available, whether you are purchasing locally or from abroad. Our independent advice ensures that you receive the best possible mortgage offer tailored to your specific needs. Applying for a mortgage, even internationally, is often much simpler than expected, and we work with a variety of independent banks to offer you the most suitable options.
EXPERT MORTGAGE SOLUTIONS TO HELP YOU SECURE THE PERFECT PROPERTY
Whether you're applying for a mortgage in Fuerteventura, elsewhere in the Canary Islands, or beyond, the process is straightforward. We collaborate with top banks that offer a variety of mortgage types, all while ensuring the process remains easy to navigate. For expert guidance and further details on mortgage options, explore our Mortgage Guide or get in touch with our team direct for personalised advice.
GoldAcre Estates provides free mortgage advice to all clients, ensuring you understand the terms and conditions before making any decisions. We also help you explore alternative lending options beyond traditional banks, such as building societies, specialist lenders, and mortgage brokers. Our regional offices across the Canary Islands are well-versed in local mortgage solutions and can introduce you to banks with favourable terms, especially if you're purchasing from abroad.
- Repayment mortgages and offset mortgages with fixed rates and tracker rates.
- Assumable mortgages.
- Base rate trackers.
- Bridging loans.
- Buy to let.
- Repayment mortgages.
- Capped rate.
- Discount variable rate.
- Equity release.
- Endowment mortgages.
- First time buyer mortgages.
- Fixed rate mortgages.
- Flexible mortgages.
- Interest only mortgages.
- Investment mortgages.
- Islamic/Muslim mortgages.
- Lifetime rate mortgages.
- Offset mortgages.
- Pension mortgages.
- SIPPS mortgages.
- Repayment mortgages.
- Self-Build mortgages.
- Self-Employed mortgages.
- Shared ownership mortgages.
- Standard variable rate mortgages.
- Tracker mortgages.
- Variable rate.
No matter which mortgage you choose, all lenders will require proof of financial responsibility. Rest assured, GoldAcre Estates treats all financial information with complete confidentiality, and we aim to make the approval process as smooth as possible—often taking just 10–14 days, with some applications approved in as little as 48 hours.
MORTGAGES FOR SPAIN AND THE CANARY ISLANDS
In the Canary Islands, the main providers of mortgages are Spanish banks, and GoldAcre Estates has strong relationships with many of the top financial institutions, including Solbank/Banco Sabadell, Banca March, Bankia, Banco Popular, CaixaBank, and Barclays Spain. We can recommend the best options based on rates, terms, and services, particularly for non-resident buyers. Typically, Spanish banks will lend up to 80% of the property’s value for residents and 60–70% for non-residents. Higher loan-to-value (LTV) ratios may be available for bank repossession properties, sometimes reaching 100% for residents and 80% for non-residents, depending on your financial profile.
For more details on current mortgage packages and to speak with local bank directors in the Canary Islands, contact GoldAcre Estates. Our team stays updated on the best rates and can introduce you to bilingual bank managers, ensuring a smooth process from start to finish.
There are many types of mortgages to choose from, each offering various rates, term lengths, and insurance protections. Here are some of the most common mortgage options available internationally:
To apply for a mortgage in the Canary Islands, you will need to provide the following documentation:
- Copies of DNI or passport.
- Property title deed or registry extract of the property.
- Last 6 months of statements for any existing mortgages or loans.
- Credit bureau report.
For Employed Applicants:
- Last full year’s tax return.
- Last 3 or 6 salary slips.
- Employment contract.
For Self-Employed Applicants:
- Last 2 years of tax returns.
- Last 6 months of bank statements.
- Evidence of additional income.
INSURANCE FOR MORTGAGED PROPERTIES
Once you've secured your property, home insurance is essential, and GoldAcre Estates has partnered with reliable insurance providers to ensure your home is well-protected. Whether you need building insurance, personal insurance, or car insurance, our trusted partners can offer policies tailored to your needs. Remember, mortgage lenders typically require insurance for the property they are financing, but you are not obligated to purchase this insurance from the bank.
CONTACT GOLDACRE ESTATES TODAY!
For more information on mortgages and insurance options, and let us guide you through the process of financing your property in Fuerteventura, Tenerife, Gran Canaria, or Lanzarote.
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