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Spain mortgage enquiries increase by 7%

Conti, the UK’s leading overseas mortgage specialist has this week revealed that property in Spain is “making a comeback”. The mortgage specialist released data complied through-out August and found that enquiries for Spain had increased 7% compared with the same period last year.

Conti’s Operations Director, Clare Nessling stated “Spain is definitely making a comeback, experiencing a particularly busy August.”

Spain accounts for 31% of all queries that Conti receives highlighting the appetite for Spanish property still amongst Brits. It has been suggested that the reason for such high interest in Spain at this time is because of returning holiday makers.

Spain had a good summer in terms of tourism and many believe that visitors to the country will have seen the excellent deals available first hand and upon their return, made enquiries into property purchase. Spain still remains the number one destination for Brits buying abroad and the 4th most visited country in the World.

Source: International Business Times

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