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Spanish Mortgage Rates Rates effective from 11 April 2008
Read our Important Notes for Spain What happens at the end of the Special Product Period? At the end of the Special Fixed/Tracker period of each product detailed above, your mortgage will revert to our España Variable Rate applicable at the time (currently 7.00%). Full written details and quotations are available on request. The mortgage must be secured by a first charge on the property. Buildings insurance may be required. All loans are subject to a satisfactory appraisal of status, financial standing and valuation. Loans are only available to persons aged 18 years or over. In certain instances, a one off Higher Lending Charge may be payable. Insurance may be required. Any endowment premium will be paid directly to the life assurance company. Applications are subject to normal lending criteria. For loans in excess of 90% of the purchase price or valuation of the property (whichever is lower) a Higher Lending Charge becomes payable. The Society is authorised under the Banking Ordinance (1992) of Gibraltar. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. | |||||||||||||||||||||||||||||||||
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