Second home
Cash plan first.
Property search second.
Non-resident borrowing is assessed around your income, commitments, deposit and the property. Leave room for purchase costs as well as the deposit.
Countries / Spain
A Spanish home.
A mortgage route
made clear.
For UK buyers planning a second home, a letting property or a longer stay—understand the local lending path before you commit.
- Ownership
- Open to UK buyers
- Application
- Built around your case
- Guidance
- Local roles kept clear
Place, then practicalities
The view comes first.
The questions arrive next.
Buying and living are different decisions. UK citizens can own Spanish property, while residency, tax and legal advice remain separate from the mortgage itself.
Your position changes the route
What will Spain
be for you?
Choose the starting point closest to your plan. The essentials stay visible; the emphasis changes.
Cash plan first.
Letting plan
Mortgage route here.
Local tax advice there.
A lender may consider evidenced rental income, but treatment varies. Spanish tax and local letting rules need advice from appropriately qualified professionals.
Longer stay
Ownership is possible.
Residence is separate.
Owning a Spanish property does not itself create residence rights. Discuss the finance with OMF and the immigration position with a qualified adviser.
The mortgage file
Four pieces.
One lender story.
The exact criteria vary. A clear file lets the right questions surface early.
- 01Identity
Passport and NIE
An NIE is required for the Spanish property transaction.
- 02Affordability
Income and commitments
Employment, self-employment, pensions and other evidenced income may be assessed differently.
- 03Funds
Deposit and source
Evidence the available deposit and where those funds come from.
- 04Property
Valuation and legal checks
The lender values the security; your lawyer handles independent property due diligence.
Indicative, not guaranteed
Plan beyond
the purchase price.
Typical non-resident LTV
OMF’s current Spain guidance indicates non-resident lending commonly up to 70% LTV. Lender, borrower and property can change the outcome.
Indicative resale buying costs
OMF currently suggests this broad planning range for many resale purchases. Region, value and transaction type matter.
Source context checked 11/08/2026. These figures are general guidance, not a mortgage offer, tax calculation or legal advice.
From brief to notary
The mortgage moves
inside the purchase.
Each professional owns a different part. Keeping those boundaries visible helps the whole route stay coordinated.
- 01You + OMF
Shape the brief
Property use, price, income, deposit and commitments.
- 02OMF + lender
Build the application
Match the case, documents and valuation route.
- 03Lawyer + valuer
Check the property
Independent due diligence and lender valuation remain distinct.
- 04Notary + parties
Complete correctly
Required information, reflection and signing steps come before completion.
Advice boundaries
One purchase.
Several expert roles.
OMF helps with the mortgage route. Your Spanish lawyer advises on the contract, title and due diligence. Tax, residency and letting questions need appropriately qualified local advice.
- Mortgage and lender route — OMF
- Contract and property checks — Spanish lawyer
- Tax, residency and local rules — qualified specialists
Spain questions
Worth asking
before an offer.
01Can a UK citizen buy property in Spain?
Yes. Current OMF guidance states that UK citizens can purchase Spanish property without nationality-based ownership restrictions. Residence is a separate matter.
02Do I need an NIE?
Yes. An NIE is required for the Spanish property transaction. Arrange it early with the relevant official or professional support.
03How much deposit should I plan for?
OMF’s current guidance indicates non-resident lending commonly up to 70% LTV, implying a deposit of around 30%, plus purchase costs. Your actual route depends on lender, case and property.
04How long will the mortgage take?
Timing depends on the lender, documents, valuation and purchase milestones. Spain also has required pre-signing steps, so a generic timeline should not be treated as a completion promise.
Spain, properly prepared
Keep the view.
Lose the uncertainty.
A free, no-obligation conversation can turn the property, deposit and income picture into a practical next step.
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