Corporate foreign exchange news

Brits 'tend to return' to Spain

Tuesday, 08 February 2011 09:00:05 GMT

Published by Zeb Bham
Britons with a fondness for Spain could consider investing in foreign mortgages for their own property in the country.
The country remains a popular choice with British people heading overseas and there are a number of attractions that could encourage people to use a foreign mortgage to invest in a holiday home.
Carmen Hernandez Gomez, market analyst at the Spanish Tourism Office, highlighted the quality of core services in the country, noting that hospitals and airports are modern and the roads are safe.
Further to this, the country is "just two hours away", she said.
Ms Hernandez Gomez added that Spain has been a popular choice with Britons for many years and that people "like it and tend to go back ... They feel at home".
Regular travellers to the country could find that taking out a foreign mortgage for their own property in Spain could help to make them feel even more at home while on a trip overseas.
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