Further to my article on Abbey Nationals ( now renamed Santander) Spanish offering from their mortgage centre in Bradford it would appear even the staff in the centre are confused about their offering.
Polaris World have announced they are seeking to go into receivership. How exactly this will affect those purchasers, whose properties have no yet been built is as yet unknown. Each phase was funded by a different bank the key banks being Bancaja CAM Caja Murcia Banco Popular Whilst all these banks will have provided Bank […]
Abbey National, who are soon to be renamed and re-branded Santander, are completely in reverse to all other Spanish lenders (who are tightening criterias, lowering loan to values and increasing margins) are offering 80% loan to values at 1.25% above Euribor for Spanish mortgages.