During what is to be expected to be the coldest winter in a decade, many Britons might consider trying to find a mortgage to buy a home somewhere warmer.
For these people, Halifax has launched a new range of fixed rate mortgages via its Spanish arm, Banco Halifax Hispania.
The mortgages have fixed periods of between one and five years and offer a 60 per cent loan to value maximum.
Mortgage rates start from 3.41 per cent for the one-year deal up to a mortgage rate of 4.55 per cent for the five-year mortgage.
At the end of the fixed rate term, the mortgage rate will revert to the mortgage lender's variable rate.
"These very attractive fixed rates will be ideal for those who prefer to have certainty of repayment costs during the early years of the mortgage," according to Halifax.
During the fixed rate period, mortgage holders can choose to repay only the interest. An arrangement fee of one per cent applies to all mortgages, Mortgage Introducer reports.
Abbey also launched a mortgage range for Spain this week, including a tracker mortgage, a two-year fixed rate mortgage or a fixed mortgage over five years.
A recent survey showed that Spain is the top destination for Britons wanting to buy foreign property, followed by the US and France.
Mortgage lender launches Spanish range
Mortgage Quote Line
0845 108 0505
Mortgage lender launches Spanish range
Fri, 02 Dec 2005
Recommended links
New buy-to-let mortgage option in SpainSpain most popular with mortgage hunters, reveals survey
New options to find a mortgage in Spain
New option to find a remortgage in Spain
Young Britons want to find a mortgage in Spain, study shows
New Barclays mortgage in Spain
New options to find a mortgage in Spain
Find a international mortgage for your dream casa
Guide to international mortgages
Top tips for buying property abroad
Quick enquiry form international mortgages
Guide to purchase a home in Spain
| mortgages news |
|---|
| Higher mortgage repayment levels - Fri, 03 Jul 2009 |
| Commercial mortgages begin to open up in London - Fri, 03 Jul 2009 |
| Mortgage rescue scheme to improve - Fri, 03 Jul 2009 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage