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remortgaging/equity release

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  • remortgaging/equity release

    has anyone ever tried to remortgage or release equity from their property and if so how easy was it? I know all of the ins and outs of the procedures in England as I work in a bank but we are looking to raise some capital on our presently unencumbered spanish property and it all seems a bit daunting. I am coming to Torre tomorrow from UK and Im hoping to get something sorted out but Ive only got a week. Ive tried companies over the internet but am very wary about faxing personal info such as payslips and passports etc. I suppose the banks would probably be the first port of call but is there an easier way than trawling all over the place ie brokers.

    Am I right in thinking that there is a Halifax now in Torre?

    any help anyone can give would be most gratefully received

  • #2
    There are three Halifax banks on this stretch of the Costa. Guardamar, Torrevieja and Playa Flamenca.
    Sping.

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    • #3
      You could try speaking with Paul on 670 633 380, they had a very credible write up in one of the free locals a weeks or so ago.

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      • #4
        Hi Lorraine

        Can I ask how you got on thinking of doing the same

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        • #5
          Marcel palm at Casa Hipoteca can arrange this BUT there needs to be a realistic amount of equity in the house as the banks are getting VERY nervous of high percentages.

          www.casahipoteca.com

          Tel: 647 878 906

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          • #6
            How old do you have to be to release equity in your house?

            Cath

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