Spanish bank accounts and mortgage payment

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16 Aug 2008 8:00 PM by paul&jane Star rating. 52 forum posts Send private message

Any information greatly received George. Have received all the necessary forms from Caja Murcia but would ideally like to do some trawlling. Big decision so would like to get some thoughts on who else out there is recommended.

Many thanks

Paul


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16 Aug 2008 8:06 PM by georgeh Star rating in condado de alhama sp.... 1462 forum posts Send private message

my choice would be halifax as they have quality of service and free transfers of money from a halifax uk account to a halifax spain account.barclays do the same but  i refuse to deal with them as they have an indian call centre for intermediaries which is the worst.i even have some woolwich employees on my books  who wont use their own company due to the the lack of quality service-lol.



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16 Aug 2008 8:12 PM by lytton Star rating in Bath & North East So.... 422 forum posts Send private message

George

When you say that you recommend Halifax, is that to set up a UK mortgage with them or a Spanish one?

Phil


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16 Aug 2008 8:24 PM by georgeh Star rating in condado de alhama sp.... 1462 forum posts Send private message

actually both.they have just reduced their uk rates and are now market leaders but also excellent value for money for a euro mortgage.also free transfers make it most economical.most other banks charge £10 min to send money to fund your spanish account.

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16 Aug 2008 8:47 PM by smivs Star rating in Oldham - Jardin 2,.... 700 forum posts Send private message

smivs´s avatar
Hi George,

Welcome to the forum.  I have a UK Halifax account and also a Spanish Halifax account and whilst they do "free" transfers and I agree it is very convenient, they don't actually give you the best rate.  I have found that they usually give you a couple of euros less than you can get elsewhere therefore it is not really "free" as they make their money on the exchange rate.  But you are right it is very convenient for smaller amounts.

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16 Aug 2008 8:54 PM by lytton Star rating in Bath & North East So.... 422 forum posts Send private message

Another question about opening an account with Halifax, if you choose a Spanish account because it's cheaper do you have to go to Spain to do it at a Halifax branch there or can it be done in UK?

Phil


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16 Aug 2008 8:56 PM by smivs Star rating in Oldham - Jardin 2,.... 700 forum posts Send private message

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Hi Phil,

You can do it from this country no problem it's easy peasy



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