Showing posts with label mortgage in Spain. Show all posts
Showing posts with label mortgage in Spain. Show all posts

Saturday, 18 August 2012

Invest in your happiness: Buy a house!

The Office of National Statistics has declared that owning a home makes you happier based upon its first national subjective well being report. Many of the entries are not surprising e.g. just under half of people not in employment scored themselves as less than 7 (almost twice the amount of people with work) whereas having a partner gave more scores of 9 or 10 when compared to those who are divorced, widowed or single.

80% of adults that owned a home ranked themselves with a medium to high level of happiness which is quite a lot more than the 68% that don’t. Suggesting that some forms of  happiness can be derived from getting involved with property, despite the recession.

This aspect of the report depicts a British desire to own a home as many Britons aspire to buy property, yet despite general belief, the world wide economic crisis may actually help achieve this dream.

In recent times the pound has steadily been growing in strength, so when compared with the euro this month, buyers interested in European property have been getting the more for their money then they have been for the past 4 years, especially in countries with prices that have drastically fallen e.g. Spain.

"These factors, together with historically low interest rates, are making it more affordable to buy in Spain right now," says Clare Nessling, Director of Conti - Overseas Mortgages, which has seen enquiries for Spanish mortgages increase by a third in May and June this year. "And signs that the market is improving are starting to lift the confidence of prospective buyers."

If you want to find out more about investing in overseas property or taking out an overseas mortgage, get in touch with Conti, via our website (www.mortgagesoverseas.com ) or by telephone 08009700985



or if you are relocating within the UK and need conveyancing but want to find the best deal for you? then come and compare conveyancing prices with us at www.helpfulconveyancing.co.uk

Friday, 3 August 2012

Buying property in Spain is a GREAT long term investment!!



If you are looking for a long-term investment, now is the perfect time to buy a property in Spain!

Director at international mortgage provider Conti, Clare Nessling, recently told ‘This is Money’ that the favourable exchange rate between sterling and the euro combined with the low Spanish property prices have made homes in Spain VERY attractive to British buyers.

"The Spanish market has reached a low point, so buyers are using it as an opportunity to shop for a bargain," she stated.

Ms Nessling added that those who are looking for a holiday home or retirement property would do well to consider the assets currently on offer.

Recently, the Post Office's Self-Catering on a Shoestring 2012 Report revealed a weekly family supermarket shop came in at £57.67 in C'an Picafort in Majorca. By contrast, purchasing the same items in Brighton in the UK added up to £89.08.

This is one of the other attractive properties about owning a property in Spain, the living costs in the country are much lower than those in the UK, particularly when spread out over a long period of time for those intending on relocating on a permanent basis.


if you fancy jetting off to Spain to enjoy the sun, sea and sand and are looking to buy property in Spain and need an overseas mortgage then visit us at www.mortgagesoverseas.com

alternatively, if you are moving elsewhere in the UK and are in need of conveyancing for your new property. visit us to compare conveyancing prices to find the best quality conveyancing for the best prices in your area!! www.helpfulconveyancing.co.uk