Blakemore Walker Chartered Surveyors & Legal Consultants

SPECIALISING IN PROPERTY PURCHASE AND SALES IN ASTURIAS, CANTABRIA & GALICIA

MEMBERS OF THE ROYAL INSTITUTION OF CHARTERED SURVEYORS

CONSTRUCTION

GENERAL MARKET COMMENT

PRICES ON THE COAST

PHOTOS AND TOURISM

PROPERTY AND THE EURO

COMMENT ON AGENTS

PROPERTY FINANCE

CURRENCY

MORTGAGE

INSURANCE

 

CURRENCY AND EXCHANGE . information Care must be taken to ensure that there are no hidden charges when making transfers from one currency to another.

MORTGAGES Many purchasers in northern Spain are seeking an older style property often constructed in stone and more than 100 years old - these properties are difficult to finance at the current time. This is because the Spanish banks and Cajas are currently undertaking a programme of recapitalisation and are undergoing stress tests. As the financial crisis begins to fade away in the coming months and years the mortgage market will return but for the present financing in northern Spain on older and renovation properties remains difficult.

INSURANCE Make sure that you have your home in Spain properly insured. We are able to advise on competitive quotes for house and contents insurance. Some owners may have to consider public liability insurance as well.