Many of us dream of a holiday or permanent home in Spain but think it is out of our reach unless we have the cash up front to pay for it. However, with nearly 200,000 Britons moving abroad each year, a Spanish mortgage is an option well worth considering. Spanish property Agents, Pocomed (www.pocomed.com), have helped many of their British clients to obtain a mortgage in Spain, highlighting the ease of availability and very competitive rates allowing clients to realise their dream of a place in the sun.

Spanish property has long been known as a fabulous second holiday home destination and with mortgages widely available from most of the major Spanish banks and savings banks it has never been a better time to buy. Pocomed have seen many of their British clients, fed up with the UK, opting to move to Spain and finding it a lot easier getting a mortgage in Spain rather than approaching a British bank.

Dawn and Steve Bent were fed up with life in Britain and decided it was time to move, kids and all, to a new life in Spain. They were thrilled when they went to look at some plans for a new development of villas and with the help of Pocomed, were able to put an offer on a spectacular 5-bedroom detached villa. But then the time came to apply for a mortgage .After many rejections in Britain from reluctant mortgage lenders, Dawn and Steve decided to try their luck in Spain. Following an introduction to a Spanish bank from Pocomed, Dawn and Steve had their mortgage agreed in a matter of hours and were on their way to a new life in Spain. Dawn said, “After about half an hour of speaking with the Spanish bank manager, I felt like my life had been given a new release. A lot of the relationship was based upon trust as well as any legal requirements.”

Spanish mortgages are available for up to 80% of the value of the property. As in the UK, there is a variety of mortgage options available and some lenders will even offer lower start up interest rates for the first year.

Pocomed owners Carol and Tony Roberts, have been living and working in Spain for the last four years and have a wealth of experience to offer potential clients wanting to invest in Spain. Situated in the province of Murcia in the South East of Spain, Pocomed are real estate agents specialising in Costa de Almeria and the Costa Calida. Their emphasis is on offering advice and support using their expertise and client friendly attitude.

Note to Editors

Pocomed have published an ebook on the step by step process of buying a home in Spain covering such topics as how to choose and finance your home. If you would like a copy, or to speak to Tony or Carol Roberts on any aspect of the process please contact Paula Gardner on 0208 504 4557 or paula@divinepublicity.com or visit the Pocomed.com website

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