CAIXA BANK AXE MORTGAGE FEES
Caixa Bank have announced today (12 November 2018) ZERO mortgage fees for purchasers.
They have axed
- Valuation fees
- Mortgage Arrangement Fees
- Land Registry and Notary Fees (for the mortgage only)
- Stamp Duty on the Mortgage
These fees will now be absorbed by the bank.
Caixa New Mortgages offer
80% Loan to Value for Residents, for their main home
70% Loan to Value for Non-Residents
Interest Rate Fixed for 25 years (Residents) or 20 years (Non-Residents) at 3.95%.
The interest rate can be reduced by up to 1.2% by taking up Caixa products such as Home and Life Insurance and paying utility bills from the account.
Caixa can now give their clients pre-approval within 48 hours of returning the Mortgage application form and an English speaking point of contact at Hola Bank.
This bold move could save 3.000euros on a 50.000euro mortgage in the arrangement and set up costs of the mortgage.
For More details please contact