About Nykredit International
Combining expertise and practicality with Mallorcan flair, Nykredit is a Danish mortgage provider with a long history of helping Scandinavian clients enter the Spanish property market.
Founded more than 150 years ago with the aim of allowing all Danes to own their homes, Nykredit International focuses on lending to people from Denmark, Norway and Sweden living on the Spanish coast and Mallorca, and have more than a decade experience, having entered the Spanish market in 2003.
Nykredit recently moved their office from Albir in Alicante to Palma, where they manage clients on the island and the Spanish coast from Alicante to Barcelona. For clients operating on the Costa del Sol they have a second office in Marbella, and that’s just two of their 43 centres in total.
Mortgage and Advisory Offers
On the property side, Nykredit offer up to 80% financing, and all their paperwork is provided in both English and Danish. Their loan maturity have a maximum duration of 30 years, and ten-years-only interest is also an option. That isn’t all they do however – they also advise on loans and investments and are your entry point to a wider network of Spanish real estate agents and lawyers.
Besides offering outstanding services in the Spanish property and mortgages market, they are Denmark’s largest lender (approximately 40.% of the domestic loan market and among the largest private bond issuers in Europe) and also operate in the insurance, leasing and pension businesses.
The company, founded in 1851 but going by their current name since since 1985 after a merger between Forenede Kreditforeninger and Jyllands Kreditforening, has a total of about 3500 employees worldwide. Income in 2018 – 1.6 billion Euros (12 billion Danish Krone) and in 2018 the company was managing a total of over 28 billion Euros in assets.
If you’re from a Scandinavian country looking to buy a home in Mallorca and you need a mortgage, property advice or both, you should start at Nykredit – their nearly 15 year experience and wide network of contacts will make the experience as smooth as possible. Contact Nykredit now!