financing

Can UK buyers still get a mortgage in Spain after Brexit?

Yes, UK buyers can still get mortgages in Spain after Brexit, though the landscape has changed.

Post-Brexit, UK citizens are treated as non-EU residents, which means: maximum LTV is typically 60-70% (slightly lower than EU citizens may get), tax on rental income is 24% instead of 19%, and there's no deduction of expenses from rental income for tax purposes.

However, most Spanish banks still actively lend to UK buyers.

Some UK-based banks with Spanish operations also offer mortgages.

You'll need the standard documentation plus additional proof of income stability.

The mortgage process may take slightly longer due to additional verification requirements.

Currency risk is a key consideration — your mortgage will be in euros while your income is in pounds.

Consider a currency specialist to manage this risk.

Many UK buyers use specialist international mortgage brokers who understand the post-Brexit requirements.

WOW-Estates has extensive experience helping British buyers navigate the post-Brexit purchase process.