Equity Release
- Mortgages
Repossession or Mortgage Difficulties
Below is a little input on the various offers:
EQUITY RELEASE
Classical Example for your perusal:
Assuming for example your property is worth around €140,000K,
you could have an equity release mortgage of say €70,000
Over a 30 year term, your monthly repayments would be 332.00
euros. This is based on a fixed rate interest period for the
first 6 months; thereafter the rate would be revised every
six months.
This mortgage is based on your property, and as an interest
only loan you can cancel it by repaying it at any time.
NOW THE INTERESTING PART OF THE EXAMPLE:
We can put together an investment plan for you that will
provide you with an annual income of some €4,150K, enabling
you to pay your mortgage, without having to use your current
income pension or other income.
Out of the 70,000 euros example that would be lending, you
will need to invest 27,500 euros with us, and this investment
will give you a return annually of 15% interest.
This will be guaranteed with a bear bond that is written
against private banking loans on properties in Spain, so your
money is not at risk.
MORTGAGE OFFERINGS:
Secured only with leading Spanish banks with the lowest rates
possible in your personal situations.
• Up to 100%
• Buy your second home in Spain without using your own
money
• Interest Only
• Up to 40 years to pay
• Re-Mortgages up to 85% LTV
• Self Certificated with no proof of income
• 30 Interest only non residents
MORTGAGE AREARS & REPOSSESSIONS:
You have the equity but need to re-group your finances
1 year mortgage paid is proving highly popular within this
financial offer!
First we look into re financing your existing mortgage with
another bank but sometimes this is very difficult when you
are in arrears. No other bank normally offers a resolution
of this type at this stage.
Another possibility is to find you a private lender, under
a private banking agreement, who would be prepared to lend
you the money that you need to bring your mortgage repayments
up to date and lend you the capital to make your mortgage
payments for the next twelve months. This is a common and
popular refinancing, solution, as it means that you would
not have to make any payment to the bank for a full year,
giving you peace of mind and more time to sell your existing
property or re-group finances.
The private lender would, of course, put a charge on the
property like any bank would do, to protect their investment,
redeemable after 12 months. If the property remained unsold
a the end of the 12 month period, we would then look for a
new bank that would refinance the loan that you have with
us and the loan you have with the bank (as you would no longer
be in arrears), giving you a new mortgage with better conditions…
This is a common refinancing solution and this is how it
would normally work. It all depends on your unique situation
and you should either email or request for a specialist to
call and have a confidential and private discuss.
Tel: (+34) 966 456 493 or Mobile (+34) 690
643 243
Email: info@hamptonseurope.com | 
