The Mortgage Process


At Lexus Mortgages we are fully experienced in the lending criteria's of the Spanish lenders. We are often able to give an instant decision as to whether the mortgage would be approved. The banks require the following documentation to support an application:

  • Copy of Passport
  • Proof of address – Copy of current utility bill (Electric / Telephone)
  • NIE or residents certificate (this can be provided at completion)
  • If employed – Latest P60 & past 3 months pay slips
  • If self employed – Last 2 years business accounts & personal tax returns
  • If retired – Latest P60 or pension notification for following year
  • Proof of any other income
  • 3 months full bank statements showing income received
  • Purchase contract or Escritura for already owned properties
  • Credit Report

The mortgage process will take approximately 3-4 weeks to be finalized. Lexus Mortgages will liaise direct with your lawyer & the lender to co-ordinate a smooth completion.

 Mortgage Calculator