Great New Spanish Mortgage Product Available


One of the major banks in Spain; Barclays ES; today released a new and very attractive 3-year fixed rate of 2.95% followed by a very attractive variable after fixed rate finishes of 0.35% above 12 month Euribor.

This compliments their current 5 year fixed rate of 4.20% and provides very good value for money for non resident buyers. Life cover must be taken with Barclays as compulsory; but given all banks except Lloyds are also making this conditional of a loan in Spain the product is extremely competitive.

With loan to values of up to 65%; higher than most non resident offerings; Barclays are looking to attract the more affluent holiday home buyers or permanent residence owners.

Debt to income ratios are lower than for most banks and clients must earn minimum in sterling of the equivalent of € 3.000 net per month. Only two incomes as a maximum can be assessed and the underwriting criteria’s are tough. For the right clients however Barclays are providing very competitive spanish mortgages.

To check qualification International Mortgage Solutions can be contacted on 0034 952 45 97 45 or email

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