So, this week Mortgage Strategy asks...
Darren Banks, 30, sales manager
I have trouble investing in this country so I wouldn’t think about doing it abroad. Investing abroad is risky as you’re not always there to oversee things. I would probably sort the finance part out over here as there are too many barriers involved with dealing with financial matters abroad.
I wouldn’t invest in Spain, so the Marbella issue doesn’t surprise or affect me. But I would invest in property in other countries. I would look for a property abroad myself then deal with the financial side here as it would be easier. I’m no more worried about buying property abroad than I am about buying property in this country. Michael Jaiyeola, 29, media sales executive
Buying a property abroad would worry me. The Marbella scandal would make me check the legal process wherever I was considering buying a property rather than just take up a ‘too good to be true’ offer. I would sort out the financial details with a bank or adviser in this country. Kevin Narrainen, 32, TV producer
I’d make sure I’d checked out the place and had good references before I bought a property abroad. I imagine the people caught in the Marbella scandal went into things lightly. I would speak to someone here who knows the about the law in the country in question. Richard Mott, 38, engineer
I would be more wary since this scam but I would not buy in Spain – that craze is over. I’d look to Morocco. I would be as cautious buying a property abroad as I would here.