A new service from high-street bank Lloyds TSB is designed to help people invest in Spanish property.
The service, called Own Overseas, will be based in the UK while offering mortgages as well as offering support for the buyer in dealing with local bureaucracy.
Annette Hawes, head of Lloyds TSB's Own Overseas service, commented: "Buying a home overseas is a very real and modern aspiration and Spain is certainly a favourite choice for Britons. Although exciting, it is a big commitment and, for many, a step into the unknown in dealing with local customs and laws."
Mortgages will be available in either pounds or euros, on a repayment or interest only basis, over a period of five to 25 years.To read more buying Spanish property, click here.
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