CURRENCY
AND EXCHANGE Current
exchange rates between the pound and the euro have now settled down
into a band running between 1.16 and 1.20. click
here
Care
must be taken to ensure that there are no hidden charges when making
transfers from one currency to another.
MORTGAGES
Euro
mortgage rates are currently comparing with those in the UK, but be
sure to make the correct decision when mortgaging a property abroad.
The lending criteria in Spain has historically been different to that
in the UK. Our in-house financial advisor can provide further information
on the best way to structure a mortgage to suit individual requirements.
INSURANCE
Make
sure that you have your home in Spain properly insured. We are able
to advise on competitive quotes for house and contents insurance. Some
owners may have to consider public liability insurance as well.