Off-shore mortgage lenders

[AnonymousParticipant]

I’m doing some research into non-performing loans in the holiday home / expat mortgage market.

One of the questions I need to answer is which off-shore mortgage lenders made loans to Britons and other foreign buyers (climate migrants, not economic migrants) during the boom? By off-shore I mean foreign banks with just an office here, for example Iceland’s Landsbanki, not banks like Deutsche Bank or Halifax, which are, to all intents and purposes, just like local banks.

Any suggestions? PM me if you prefer.

Thanks

Mark

[Fuengi (Andrew)Participant]

Hi Mark,
I know you said not to bother mentioned halifax (Banco Halifax España) but what about Halifax international? If I remember it was specifically aimed at brits in the UK.

There was also bank of scotland international.

all I can think of so far

[Fuengi (Andrew)Participant]

oh and maybe Jyske bank in gibraltar. Actually might be worth simply doing a search of all gibraltar banks. most at one time or another seemed to offer mortgages on spanish properties

[AnonymousParticipant]

Thanks Fuengi,

Jyske bank aside, can you think of any other names in Gib worth particular attention?

Mark

[katySpectator]

Norwich&Peterborough, Gibraltar

[Fuengi (Andrew)Participant]

My information on this is a bit sketchy but after having reviewed some old mails I found some promo mail from Natwest talking about contacting them specifically for mortgages in Spain.

I’ll PM the full text. Makes mention of a private bank doing the mortgages on behalf of natwest.

[Fuengi (Andrew)Participant]

adam and company plc

[AnonymousParticipant]

Mark

Leeds Building Society (GIB Branch) have done loads of mortgages on the CDS.

http://www.leedsbuildingsociety.co.uk/gibraltar/

[Author]

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