Sunday, 6 March 2011

Britons encouraged to join stampede for repossessed haciendas - Mortgages, Money - The Independent

Britons encouraged to join stampede for repossessed haciendas - Mortgages, Money - The Independent

These days, house buyers expect estate agents to try to sell them a mortgage as well as a property, but in Spain now it works in reverse.

Visit a Spanish bank, or regional caja, to discuss your home loan prospects and they may well tempt you with a selection of properties. And if you opt to buy from them – rather than a private individual or builder – they'll be far more generous with the finance terms they offer you.

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