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UK TikTok user Georgia warns Brits of stressful Spanish house buying due to slow banks, larger deposits, and additional fees.
UK TikTok user Georgia, who purchased a home in Spain, shares her experience with fellow Brits, warning that the house buying process can be stressful, with challenges such as slow banks and a larger deposit requirement compared to the UK.
Spanish banks offer loans equivalent to 80-100% of the purchase price, and additional expenses like notary fees, land registry fees, and lawyer fees should be considered.
Georgia recommends renting before buying to get familiar with a place.
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El usuario de UK TikTok Georgia advierte a los británicos de la estresante compra de casas española debido a bancos lentos, depósitos más grandes y cargos adicionales.