Bank of Scotland International takes care of all the financial needs of an offshore and expatriate customer with its award winning accounts and first class service and excellent security.
Last year, their 'Instant Access Savings Account' won an award from Portfolio International and today it offers one of the best interest rates available in the market. The accounts are simple and transparent with no hidden charges or restrictions.
The service from Bank of Scotland International is completed with mortgage advice and expatriate extras; bringing you products and services from tried and trusted providers like BUPA International and American Express.
Lloyds TSB Offshore is an established online offshore bank with a wide range of products and services from international accounts to investments.
Lloyds TSB Offshores' products and services are typically used by people working abroad, retiring abroad, holiday home owners and those looking for the benefits of a UK bank.
Buying a property in Spain is often the realization of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sterling sum into Euros in order to pay for your property. This vital element of the purchase process, can make a huge difference to the price, in sterling, that you will have to pay for your dream home.
Exchange rates change constantly and 10% fluctuations in a relatively short space of time are not uncommon, which could significantly increase the cost of your home in pounds sterling.
There are various organizations, which can convert your sterling into Euros, but specialist currency dealers will normally offer you a better rate of exchange than your bank and provide a more personalized service.
If you are planning to buy a Villa or Apartment in Spain, as an investment, holiday home or permanent residence, we can save you money on mortgages.
Do not obtain a mortgage through the builder or agent, without receiving independent quotations. The costs can be inflated and there are significant and unavoidable charges if you change mortgage providers during the period of the mortgage.
Spanish Banks typically will only lend upto 70% of the property value and they are becoming much more conservative with their lending policies and their valuations.
In Spain, whilst most of the banks offer mortgages to ex-pats, each will have different lending rules and to obtain the most competitive solution for your personal requirements; it is essential to use the services of a specialist broker and we recommend UK Mortgages Abroad.