Spanish Lifetime Mortgage: Turn Your Property Into Income

Introducing the Spanish Lifetime Mortgage – a financial solution exclusively designed for individuals who have reached retirement age and have been residents of Spain for over three years.

UK: +44 203 393 99 02 | Spain: +34 965 85 36 47 | International: +1 202 379 19 46

Smiling retired couple on a sunlit Mediterranean terrace overlooking the Spanish coast, evoking relaxed retirement and financial security.

What is a Lifetime Mortgage or Home income Plan Spain?

As a homeowner, you may find yourself in a situation where you have substantial equity tied up in your property but could benefit from accessing some of that value to enhance your retirement lifestyle. That’s where the Spanish Lifetime Mortgage comes in.

Similar to a reverse mortgage or equity release, this mortgage option provides a unique opportunity for senior citizens to unlock the potential of their home equity. By placing a charge against your property, you can convert a portion of its equity into much-needed cash without the requirement of making regular monthly payments or repaying the loan during your lifetime. It’s a hassle-free solution that allows you to maintain complete ownership of your property and continue living in it for as long as you wish.

Estimate your options

Age (65–90)

We support ages 65 to 90.

Property value (€)

Interest rate (% p.a.)

Assumed max LTV (%)

Auto-adjusts with age; you can override.

Illustrative results

Max loan: €0

Remaining equity: €0

Monthly interest-only: €0

These figures are indicative and exclude fees and taxes.

Learn more: How calculator works

Estimates are illustrative. Full affordability and legal checks required before any offer.

How Our Lifetime Mortgages Work

The loan is repaid when the property is sold or by your heirs after you pass away. You'll never owe more than your property's value - Spain's non-negative equity guarantee protects you from owing more than what your home is worth. Receive funds as a lump sum, monthly payments, or a combination of both. The amount you qualify for increases with age on a sliding scale. Your heirs can either transfer the property to the lender or settle the debt. You're fully protected from negative equity, giving you complete peace of mind. If you've invested in your property throughout your life and want to stay in your home, a Spanish Lifetime Mortgage can enhance your retirement income without the need to move.

Eligibility & Assessment

We review age, property (Spain-based), residency and legal status, explain tax implications, and outline the acceptance criteria in plain language for expatriates.

Rate Options

Choose from fixed or capped-rate lifetime plans with transparent charges and no hidden early-repayment penalties; we show illustrative cost scenarios for each option.

Legal Process

Our partners provide local Spanish legal and notary support, coordinate with your advisers, and ensure documentation meets both Spanish law and UK expatriate safeguards.

Check Your Eligibility

Answer a few simple questions to see whether you qualify and to get a pre-screen estimate—no credit risk and no obligation.

Common eligibility factors: age 65+, Spanish property ownership or plans to move, ability to meet advisory and legal requirements. We explain any follow-up steps clearly.

Age 65+
Spanish property
Bilingual support

Unable to find form

We never sell personal data. Initial checks are non-binding.

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Real experiences from retirees who used our specialist Spanish lifetime mortgage service.

"Marc at FFA was a tremendous help in educating me about the Spanish mortgage system. We set up a video call to discuss my situation and..." — E Tracy

"I spoke to Marc about a complex situation, and he couldn't have been more helpful, professional and informative. Absolutely recommend..." — Christopher Rogers

"⭐A Huge Thank You to Fluent Finance Abroad!⭐ I want to extend my deepest thanks..." — Marc Page

Accreditations & Recognition

Industry badges and partner recognitions that demonstrate credibility and regulatory compliance.

Frequently Asked Questions

Short, plain-language answers to common concerns about lifetime mortgages in Spain.

What is a Spanish Lifetime Mortgage and how does it work?

A Spanish Lifetime Mortgage allows homeowners aged 65+ who have been Spanish residents for over 3 years to unlock equity from their property without monthly repayments. You maintain full ownership and can live in your home for life. The loan and interest are repaid when the property is sold or by your heirs after you pass away. You can receive funds as a lump sum, monthly payments, or both.

Am I protected from negative equity with a Spanish Lifetime Mortgage?

Yes. Spain's non-negative equity guarantee ensures you will never owe more than your property's actual value, even if the debt exceeds it. Your heirs are protected from being pursued for any shortfall, and the loan is limited to the property's value at the time of repayment.

What are the main requirements to qualify for a Spanish Lifetime Mortgage?

You must be 65 years or older, have been a Spanish resident for at least 3 years, and the property must be your primary residence where you live year-round. The property must be free from mortgages, charges, and debts. The amount you can borrow increases with age on a sliding scale.

Speak With an Adviser

Book a free, no-obligation call with a bilingual adviser experienced in Spanish lifetime mortgages.