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New options to find a mortgage in Spain

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Banco Halifax Hispania has opened two new branches, designed for UK residents looking to find a mortgage in Spain .

The new outlets will serve borrowers looking for mortgages in Sotogrande and Guadalmina on the Costa del Sol.

An increasing number of expatriates are hoping to find a mortgage in the country, while the Costa del Sol is the most popular location, the bank claims.

The area will also become more accessible to Britons who take out a mortgage there, Banc Halifax Hispanica notes, as Malaga airport is currently being redeveloped to handle over 20 million passengers each year.

Alejandro Rubio, Costa del Sol area manager at Banco Halifax Hispania, said: Banco Halifax Hispania is continuing to report an increase in demand for mortgages in Spain .

Our continued investment in the popular expatriate area of Costa del Sol clearly demonstrates our commitment to enhancing customer service and providing customers with contact and support from a local branch.

Recent research from Banco Halifax Hispania revealed that 20 per cent of UK residents who have a mortgage abroad were under the age of 25.

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