Art. 35 Law 5/2019
Real-estate credit intermediary information
Minimum information that Law 5/2019 requires before intermediation (Article 35), on paper or another durable medium. This page summarises it publicly; contractual detail is provided with the engagement.
Updated
a) Identity and address
- Intermediary: SKY REAL ESTATE & FINANCIAL SERVICES, S.L. (formerly Finanzas del Cielo, S.L.).
- Tax ID (NIF): B87851150.
- Address: Avenida Manuel Fraga Iribarne 38, 1.ª planta, oficina 3, 28055 Madrid, España.
- Trading name: Sky Financial Services.
- Contact: madrid@skyfinancialservices.es · +34 684 46 79 05.
- Offices: Madrid, Zaragoza, Valencia and Palma de Mallorca (see /en/offices/).
b) Register and licence
Registered in the Banco de España real-estate credit intermediaries register under code D286.
c) Ties to lenders
Non-tied real-estate credit intermediary: we do not work exclusively for a single lender. The same case may be presented to several institutions.
“Non-tied / independent” as an intermediary is not the same as “independent advice” under RD 309/2019.
d) Advice services (Art. 19)
We do not provide the regulated advice service under Article 19 of Law 5/2019 and do not sign a separate advice contract. The relationship is formalised through a real-estate credit intermediation agreement.
Accordingly, advertising avoids the Spanish regulated terms for “advice” under RD 309/2019 Art. 3. ICI-certified staff review the file and present lender offers.
e) Client remuneration
Intermediation fees: from €4000, depending on case complexity. The initial case review does not trigger those fees. The closed amount and billing conditions are set out in writing in the intermediation contract before you engage us.
Under the current standard contract: fees become due if the loan is formalised (or other cases set out in the engagement, e.g. a notary signing date attributable to the client). Valuation, notary, land registry and bank products are outside our fees.
Client remuneration payable to the intermediary is notified to the lender for APR (TAE) calculation where applicable (Art. 35(3)).
f) Out-of-court complaints
You may complain to our customer service. If you receive no timely reply or disagree with it, you may go to the Banco de España after the prior complaint to the firm.
g) & h) Third-party commissions
The main remuneration for intermediation is the fee paid by the client under the contract. If in a specific case there were commissions or other incentives from a lender or third party, we would inform you of their existence and, when known, their amount; if not yet known, they would be disclosed later in the relevant personalised information.
If we charge the client and also receive a lender/third-party commission, we will state whether the client fee is deducted in whole or in part from that commission (Art. 35(1)(h)).
As a non-tied intermediary, you may require information on the types and amounts of commission paid by the different lenders offering the credit contracts presented (Art. 35(2)).
Professional indemnity insurance
As a registered intermediary we hold professional indemnity insurance meeting applicable requirements, underwritten by Lloyd's Insurance Company, S.A. We do not publish the policy number on this website; existence of cover and other register details appear on the Banco de España intermediary record.
Business transactions
Financing of industrial units, commercial premises or corporate deals may fall outside the consumer-focused protection of Law 5/2019. In those cases we disclose it and adapt documentation.