The Estate in Probate and Mortgage Liability in Spain: What Happens Before Heirs Accept the Inheritance?
Introduction When a property owner dies in Spain, there is a transitional phase between death and the formal acceptance or renunciation of the inheritance by the heirs. This is known as the probate period. During this time, many families assume financial obligations are temporarily suspended. However, this is not the case, particularly where a mortgage […]
Continuity of Mortgage Debt After Death in Spain: What British Property Owners Should Understand
Introduction A common misconception among property owners is that a mortgage ends when one of the borrowers dies. Under Spanish law, this is incorrect. The courts have reaffirmed that the death of one of the signatories does not extinguish the mortgage or the obligation to pay. The debt continues to exist and remains legally enforceable. […]
What Happens When a Mortgage Holder Dies? What British Property Owners in Tenerife Need to Know
Introduction When a mortgage holder dies, many families assume the debt simply disappears. Unfortunately, this is not the case. In Spain, the death of one of the signatories does not extinguish the mortgage or the obligation to pay. The mortgage debt remains legally enforceable, and responsibility for repayment continues. This issue becomes particularly important for […]
Plusvalía Tax in Spain: What British Property Sellers Need to Know
Plusvalía is a local Spanish tax that applies when selling property and is often misunderstood by British sellers. Learn how Plusvalía tax is calculated, who pays it, and how it is handled at the notary when selling property in Spain.
Spanish Wills for British Expats: What You Need to Know
Spanish wills are an essential part of estate planning for British expats with property in Spain. This guide explains how Spanish wills work alongside UK wills, who should consider one, and how the right planning
Recovering the 3 Percent Retention on Spanish Property Sales
When non-residents sell property in Spain, 3% of the sale price is automatically withheld by the Spanish tax authorities. This guide explains why the retention applies, when you can reclaim it, which tax forms are required, and why British sellers often face delays, helping you recover funds with fewer complications.
Understanding the Probate Process When You Have Assets in Both the UK and Spain
When assets are held in both the UK and Spain, probate must be handled in a strict order across two legal systems. This guide explains how UK probate, HMRC filings, and Spanish inheritance and tax requirements fit together, helping families avoid delays, errors, and unnecessary stress.
The Importance of Estate Planning in the UK for Families With Spanish Assets
Estate planning is essential for UK families with assets in Spain, as two tax systems must be considered together. This guide explains how early planning can reduce UK inheritance tax, minimise Spanish taxes, and prevent delays and complications for your family later on.
Understanding the Documentation Required for UK to Spain Probate and Inheritance
Probate and inheritance involving Spain requires strict documentation, official translations, and Apostille stamps. This guide explains which UK documents Spain requires, why the process feels complex, and how proper preparation can prevent delays and rejected applications.
Understanding Capital Gains Tax (CGT) on Spanish Property for British Owners in the Canary Islands
Capital Gains Tax on Spanish property can come as a surprise to British owners, particularly in the Canary Islands. This guide explains how CGT is calculated, how planning and accurate records can reduce the tax due, and why many British sellers need extra support to avoid costly mistakes.