In response to the increasing demand for Spanish holiday or second homes for retirement or permanent residence, Leeds has launched its first ever Euro mortgage.
The lifetime Euribor tracker plus 1% is available to UK residents, UK expatriates and Gibraltarians looking to purchase a property on the Costa del Sol in Spain.
Jeff Kirk, corporate relationship manager at Leeds, says: “We have a number of highly competitive Sterling mortgages available to purchase properties on the Costa del Sol and this new currency product compliments our range superbly.
“The Euribor Lifetime Tracker mortgage is extremely competitive and will start at only 3.13%. This should suit a number of clients, especially those who receive their income in Euros.
“There is no higher lending charge to pay and no early repayment charges, so the customer has complete control of their mortgage. I am confident we have a product to suit your client’s needs and that this product will prove extremely popular.”