{"id":405,"date":"2026-05-05T10:53:57","date_gmt":"2026-05-05T10:53:57","guid":{"rendered":"https:\/\/realsea.es\/?page_id=405"},"modified":"2026-05-07T07:50:07","modified_gmt":"2026-05-07T07:50:07","slug":"mortgage","status":"publish","type":"page","link":"https:\/\/realsea.es\/fi\/buying-process\/mortgage\/","title":{"rendered":"Mortgage"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"405\" class=\"elementor elementor-405\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9712e3d e-flex e-con-boxed e-con e-parent\" data-id=\"9712e3d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d6c8e40 e-con-full e-flex e-con e-child\" data-id=\"d6c8e40\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-0bf017a e-con-full e-flex e-con e-child\" data-id=\"0bf017a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-1f37ecb e-con-full e-flex e-con e-child\" data-id=\"1f37ecb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7533a5b elementor-align-start elementor-icon-list--layout-inline elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"7533a5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/realsea.es\/fi\/buying-process\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Buying process<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-arrow-right\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M190.5 66.9l22.2-22.2c9.4-9.4 24.6-9.4 33.9 0L441 239c9.4 9.4 9.4 24.6 0 33.9L246.6 467.3c-9.4 9.4-24.6 9.4-33.9 0l-22.2-22.2c-9.5-9.5-9.3-25 .4-34.3L311.4 296H24c-13.3 0-24-10.7-24-24v-32c0-13.3 10.7-24 24-24h287.4L190.9 101.2c-9.8-9.3-10-24.8-.4-34.3z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mortgage<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b2fb25 elementor-widget elementor-widget-heading\" data-id=\"7b2fb25\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Buying or selling with a mortgage in Andalusia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2d96f10 e-con-full e-flex e-con e-child\" data-id=\"2d96f10\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b2eb552 elementor-widget elementor-widget-text-editor\" data-id=\"b2eb552\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>How to sell a mortgaged property in Andalusia? A comprehensive guide for homeowners<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd698b3 elementor-widget elementor-widget-text-editor\" data-id=\"fd698b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Selling a property that still has a mortgage is a common and entirely feasible situation. In fact, many property transactions take place under these conditions. The key lies in understanding the process thoroughly and seeking the right advice to ensure the transaction is secure, transparent and hassle-free.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ac9e91a e-con-full e-flex e-con e-child\" data-id=\"ac9e91a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59ef9f7 elementor-widget elementor-widget-heading\" data-id=\"59ef9f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Request a statement of outstanding debt<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e954f28 elementor-widget elementor-widget-text-editor\" data-id=\"e954f28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The first step is to contact the bank to obtain an up-to-date document stating how much of the mortgage remains to be paid on the expected date of sale. This information is essential for calculating the minimum sale price and planning the transaction.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-354e687 e-con-full e-flex e-con e-child\" data-id=\"354e687\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a67e32f elementor-widget elementor-widget-heading\" data-id=\"a67e32f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Property valuation and sales strategy<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3872a39 elementor-widget elementor-widget-text-editor\" data-id=\"3872a39\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>With the outstanding debt clarified, a competitive market price is set to cover the mortgage and associated costs. At this stage, it is crucial to position the property correctly to attract solvent buyers and speed up the sale.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e99155a e-con-full e-flex e-con e-child\" data-id=\"e99155a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ab99e7 elementor-widget elementor-widget-heading\" data-id=\"7ab99e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Signing the preliminary contract<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-695b20b elementor-widget elementor-widget-text-editor\" data-id=\"695b20b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Once a buyer has been found, the preliminary contract is signed, setting out the terms of the transaction. It is customary for the buyer to pay a deposit (usually around 10%), which serves as a guarantee of their commitment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-11b0930 e-con-full e-flex e-con e-child\" data-id=\"11b0930\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d29432f elementor-widget elementor-widget-heading\" data-id=\"d29432f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Coordination with the bank regarding the mortgage discharge<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6ddd61 elementor-widget elementor-widget-text-editor\" data-id=\"b6ddd61\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Before the signing at the notary\u2019s office, arrangements are made with the bank to discharge the mortgage. There are two main scenarios:<\/p><ul><li>Financial discharge: the outstanding balance is paid to the bank on the day of the sale, usually using part of the funds provided by the buyer.<\/li><li>Registration cancellation: once the debt has been settled, the removal of the charge is processed at the Land Registry.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-91e608e e-con-full e-flex e-con e-child\" data-id=\"91e608e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f8b5d85 elementor-widget elementor-widget-heading\" data-id=\"f8b5d85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Signing of the sale and purchase agreement before a solicitor<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a83a5b elementor-widget elementor-widget-text-editor\" data-id=\"8a83a5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>On the day of signing, the buyer pays the agreed amount. Of this amount:<\/p><ul><li>A portion goes directly to the bank to pay off the mortgage<\/li><li>The remainder is paid to the seller<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d470f14 elementor-widget elementor-widget-text-editor\" data-id=\"d470f14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The entire process is recorded in the public deed, ensuring legal certainty for both parties.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-02fa1a1 e-con-full e-flex e-con e-child\" data-id=\"02fa1a1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a3c996b elementor-widget elementor-widget-heading\" data-id=\"a3c996b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">6. Costs to bear in mind as a seller<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a17405f elementor-widget elementor-widget-text-editor\" data-id=\"a17405f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>When selling a mortgaged property, the owner must consider:<\/p><ul><li>Removal of the mortgage from the Land Registry<\/li><li>Early repayment fee (if applicable)<\/li><li>Council tax on capital gains (Tax on the Increase in Land Value)<\/li><li>Income tax on any capital gains<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2875dad e-con-full e-flex e-con e-child\" data-id=\"2875dad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-37ad0e2 elementor-widget elementor-widget-heading\" data-id=\"37ad0e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">7. What if the sale price doesn\u2019t cover the mortgage?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f050bf5 elementor-widget elementor-widget-text-editor\" data-id=\"f050bf5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In some cases, the sale price may be lower than the outstanding debt. In this situation, there are alternatives such as:<\/p><ul><li>Making up the difference with your own funds<\/li><li>Negotiating a solution with the bank (such as a partial settlement or refinancing)<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9082a68 elementor-widget elementor-widget-text-editor\" data-id=\"9082a68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>It is essential to consider this scenario in advance to avoid any hold-ups in the transaction.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b3818d8 e-con-full e-flex e-con e-child\" data-id=\"b3818d8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d14167 elementor-widget elementor-widget-heading\" data-id=\"9d14167\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Selling with a mortgage: a straightforward process with the right support\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1b2ab8 elementor-widget elementor-widget-text-editor\" data-id=\"b1b2ab8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Although it may seem complex, selling a property with a mortgage is a common process which, when managed properly, proceeds without a hitch.<\/p><p>At our agency, we take care of coordinating every step, from the valuation to the signing, including liaising with banks, so that you can sell your property with peace of mind and at the best possible price.<\/p><p>Because every detail counts\u2026 and good management makes all the difference.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5af05a4 e-con-full e-flex e-con e-child\" data-id=\"5af05a4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-29b0e41 elementor-widget elementor-widget-text-editor\" data-id=\"29b0e41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>What is the process for buying a property with a mortgage in Andalusia? A comprehensive guide for buyers<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1ece43 elementor-widget elementor-widget-text-editor\" data-id=\"a1ece43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Buying a property with a mortgage is one of the most common ways to purchase a home in Spain. Although the process involves a few extra steps, with good planning and professional advice, it becomes a straightforward, secure and well-structured transaction.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f64a038 e-con-full e-flex e-con e-child\" data-id=\"f64a038\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-deb3581 elementor-widget elementor-widget-heading\" data-id=\"deb3581\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Financial analysis and mortgage pre-approval<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb3121d elementor-widget elementor-widget-text-editor\" data-id=\"bb3121d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Before starting your search, it is essential to know your borrowing capacity. Banks typically lend up to 80% of the purchase price or valuation (whichever is lower), so the buyer must have savings to cover the remainder and associated costs (approximately 10% to 13%).<\/p><p>Applying for pre-approval provides clarity on your actual budget and strengthens your negotiating position with the seller.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dc3b162 e-con-full e-flex e-con e-child\" data-id=\"dc3b162\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f885358 elementor-widget elementor-widget-heading\" data-id=\"f885358\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Searching for and reserving the property<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c45c5ac elementor-widget elementor-widget-text-editor\" data-id=\"c45c5ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Once the budget has been established, the property selection process begins. When the right property is found, a reservation is made by paying a deposit, taking it off the market whilst the transaction proceeds.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f7ec538 e-con-full e-flex e-con e-child\" data-id=\"f7ec538\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-09cc6e5 elementor-widget elementor-widget-heading\" data-id=\"09cc6e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Formal mortgage application<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff0853c elementor-widget elementor-widget-text-editor\" data-id=\"ff0853c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>With the property selected, the process with the bank begins. The bank will request financial documentation (payslips, tax returns, employment history, etc.) and assess the buyer\u2019s creditworthiness.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8610b71 e-con-full e-flex e-con e-child\" data-id=\"8610b71\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-82c84c5 elementor-widget elementor-widget-heading\" data-id=\"82c84c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Valuation of the property<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-185cefd elementor-widget elementor-widget-text-editor\" data-id=\"185cefd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The bank will commission an official valuation to determine the value of the property. This value is crucial, as it determines the maximum amount the bank is willing to finance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d8e822e e-con-full e-flex e-con e-child\" data-id=\"d8e822e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9bef193 elementor-widget elementor-widget-heading\" data-id=\"9bef193\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Mortgage approval and binding offer<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f0ee79 elementor-widget elementor-widget-text-editor\" data-id=\"0f0ee79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Once the transaction has been approved, the bank issues the FEIN (European Standardised Information Sheet) and the FiAE (Standardised Warning Sheet). These documents set out all the terms of the loan (interest rate, instalments, fees, etc.).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8393b55 e-con-full e-flex e-con e-child\" data-id=\"8393b55\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f37736e elementor-widget elementor-widget-heading\" data-id=\"f37736e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">6. Signing the deposit agreement<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc6af8d elementor-widget elementor-widget-text-editor\" data-id=\"cc6af8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>At the same time as or following approval, the deposit agreement is signed with the seller, usually with a 10% deposit paid as a down payment. It is important that the timelines are aligned with the mortgage approval.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a9ab6d0 e-con-full e-flex e-con e-child\" data-id=\"a9ab6d0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-48de6f7 elementor-widget elementor-widget-heading\" data-id=\"48de6f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">7. Preliminary visit to the solicitor (mandatory)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f7e870 elementor-widget elementor-widget-text-editor\" data-id=\"1f7e870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Before signing, the buyer must visit the solicitor to review the mortgage documentation, clarify any queries and confirm that they understand all the terms and conditions. This step is mandatory and free of charge.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f776db8 e-con-full e-flex e-con e-child\" data-id=\"f776db8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ace5adc elementor-widget elementor-widget-heading\" data-id=\"ace5adc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">8. Signing of the sale and purchase agreement and the mortgage<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-500fa25 elementor-widget elementor-widget-text-editor\" data-id=\"500fa25\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>This is the key moment of the transaction. Two deeds are signed at the notary\u2019s office:<\/p><ul><li>Deed of sale and purchase<\/li><li>Mortgage loan deed<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a600d46 elementor-widget elementor-widget-text-editor\" data-id=\"a600d46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The bank pays the financed amount directly to the seller, and the buyer pays the remaining balance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7d964b1 e-con-full e-flex e-con e-child\" data-id=\"7d964b1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b6fe99a elementor-widget elementor-widget-heading\" data-id=\"b6fe99a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">9. Payment of taxes and fees in Andalusia<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bf2621 elementor-widget elementor-widget-text-editor\" data-id=\"2bf2621\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Second-hand property: Property Transfer Tax (ITP)<\/li><li>New-build property: VAT + Stamp Duty (AJD)<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f543530 elementor-widget elementor-widget-text-editor\" data-id=\"f543530\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In addition, there are notary, registration and valuation fees. The costs of setting up the mortgage (notary, registration and loan administration) are usually borne by the bank in accordance with current regulations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3af973b e-con-full e-flex e-con e-child\" data-id=\"3af973b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9f32583 elementor-widget elementor-widget-heading\" data-id=\"9f32583\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">10. Registration in the Land Registry<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a57e47 elementor-widget elementor-widget-text-editor\" data-id=\"2a57e47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Following the signing, the deed is registered in the Land Registry, guaranteeing the buyer\u2019s ownership and the mortgage charge in favour of the bank.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-812ba67 e-con-full e-flex e-con e-child\" data-id=\"812ba67\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1fe3227 elementor-widget elementor-widget-heading\" data-id=\"1fe3227\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">11. Post-completion procedures<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5651149 elementor-widget elementor-widget-text-editor\" data-id=\"5651149\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Finally, the transfer of ownership of utilities, direct debits and, where applicable, insurance policies linked to the mortgage is carried out.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3b59a21 e-con-full e-flex e-con e-child\" data-id=\"3b59a21\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a0af14 elementor-widget elementor-widget-heading\" data-id=\"0a0af14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Buying with a mortgage: a safe and well-planned decision<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-07da516 elementor-widget elementor-widget-text-editor\" data-id=\"07da516\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The process of buying with financing is fully regulated in Spain and offers guarantees for both the buyer and the financial institution.<\/p><p>Having a professional team to coordinate each stage \u2014 from negotiation to signing \u2014 allows you to optimise time, avoid mistakes and ensure a successful transaction.<\/p><p>Because buying a home is not just about acquiring a property: it is about building your future on solid foundations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bc5ba56 e-con-full e-flex e-con e-child\" data-id=\"bc5ba56\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bf0631f elementor-widget elementor-widget-text-editor\" data-id=\"bf0631f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The information contained in this section is provided for information purposes only and may be subject to change due to regulatory amendments. Whilst every effort is made to keep it up to date, its accuracy cannot be guaranteed at all times; therefore, it is recommended that you verify it through official sources or by seeking appropriate professional advice.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Buying process Mortgage Buying or selling with a mortgage in Andalusia How to sell a mortgaged property in Andalusia? A comprehensive guide for homeowners Selling a property that still has a mortgage is a common and entirely feasible situation. In fact, many property transactions take place under these conditions. The key lies in understanding the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":162,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-405","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/pages\/405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/comments?post=405"}],"version-history":[{"count":7,"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/pages\/405\/revisions"}],"predecessor-version":[{"id":613,"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/pages\/405\/revisions\/613"}],"up":[{"embeddable":true,"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/pages\/162"}],"wp:attachment":[{"href":"https:\/\/realsea.es\/fi\/wp-json\/wp\/v2\/media?parent=405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}