Polaris World Mortgages
We have secured special terms with a major UK bank with more than 500 branches in Spain for customers purchasing on the Polaris World Resorts. As well as the special offer below, a wide range of other mortgages are also available, including high loan-to-value and long periods of interest only.
Special Offer for UK customers:*
- Interest rate: Euribor + 0.60%
- Loan amount: up 70% of the valuation
- Term: Up to 30 years (or the age of 75)
- Up to 3 years interest only
- Set-up fee: 0.5%
- No repayment charge for partial early repayment of the loan
- 0.5% repayment charge of the outstanding balance for full early repayment of the loan
- No compulsory insurance or other products required through the lender for eligibility.
- Free currency transfer between the UK and Spain.
*This offer is only available via polarisproperty.co.uk for UK and Irish clients purchasing on the Polaris World resorts.
We can guarantee that you will deal directly with an English speaking branch manger local to your resort and that applications will have a quick turn around, with responses to customer enquires by email within 24 hours. A full range of other banking services are also available including English speaking telephone banking, internet banking and 24 hour emergency assistance.
We value your privacyFor a 70% mortgage on a property valued at 130,700 Euros, with this offer you would save more than 9,000 Euros over the life of the mortgage compared to the standard CAM Bank terms.
A Wide Selection of Mortgages Available:
In addition to the mortgage product above, there is a range of other mortgages on offer, including:
Interest only mortgages with up to 15 years interest only period.
High loan-to-value mortgages allowing you to borrow more against your property.
Offset mortgages: a one account mortgage which allows you to offset the savings in your bank account against your mortgage.
For more information, please see our Frequently Asked Questions about Spanish Mortgages.
