How does choose a notary to sign a mortgage? With the new Mortgage Law 5/2019, of March 15, regulating real estate credit contractsIt is imperatively anticipated that there is advice for the parties who want to hire a credit service from a bank, there is room for prior advice on the terms of the credit.

The choice of the notary

As dictated by Mortgage law, the choice of the notary to sign a mortgage must be free and not addicted Due to the great importance in the action of the notary in consumer advice and to be able to guarantee maximum control over your loan.

Choosing a notary should be an easy process. If both parties to the contract agree with the chosen notary, there will be no room for controversy. If one of the parties is not in favor of the chosen notary, the election will run in the hands of the one who pays the highest amount of the business object.

But if there is a factual assumption in which one of the parties is a large operator and the other a consumer, the right to choose a notary will always be in accordance with the will of the consuming party.

Infringement of the right

If the right to free choice of the notary is violated in a financial business, the General Council of Notaries suggests a series of options to resort to a solution to the violated right:

  • Inform the chosen notary of the existing controversy, so that he can contact the Notary Association of his Community
  • Go to the courts of Justice
  • Public consumer protection office
  • Consumer organization
  • Go directly to the Notarial College

How long does it take to sign a mortgage

Once the notary has been chosen freely, making an appointment in advance, the Notary's team will extensively examine the contract and the draft mortgage loan. Ensuring the formal and material transparency of the contract.

The consuming parties will go to the Notary to find out about the terms, raise questions and receive the notary's opinion.

Giving a subsequent time for reflection, with a minimum of three business days, the consumer party will return before a notary to grant and sign the mortgage loan.

Who pays for the Notary

With the new Law, the cost of notarial advice and control is in charge of the Bank when a mortgage is to be signed.

At the Bosch-Bages Notary in Barcelona you can find out about this service.

Online service

Among our notary services we also have the possibility of making an online consultation. Or if you prefer, you can make an appointment to make a videoconference with the notary and ask your question. This online notarial service is suitable when the preparation of documents is not required. Click this link: online notary to request information. 

We also have another type of online service such as the request fast simple copies online. Fill in the form on the page and you can request your simple copy electronically.