With a mortgage from Leeds Building Society, you get a great rate, great customer service and local knowledge from our team in Gibraltar.

If you’re an UK national, ex-patriate or Gibraltar national, we have fixed, variable or tracker rate mortgages - there’s sure to be one that can make your dream a reality.

Buying a property in Spain is different to that in the UK - which is why we are here. You’ll have help all the way from our team in Gibraltar, with the back up of the branch network
in the UK.

Are you amongst the thousands of people in the UK who want to realise their dream of owning a home in the sun? Or perhaps you already do, but are looking for a better mortgage deal or want to carry out home improvements. If so, Leeds Building Society can help.

Here’s how it works

1. You’ll need to complete a special Intermediary application form or call (00350) 200 50602 from the UK or (9567) 50602 from Spain or Gibraltar.

 
2. Quotations can be obtained by calling (00350) 200 50602 or emailing gibraltar@leedsbuildingsociety.com.

 
3. Complete the form and return it to our office in Gibraltar, together with the relevant documents (there’s a list of required documents on the website) and a cheque for the valuation fee and any application fees.

 
4. Once we have the application we’ll quickly set the wheels in motion, including arranging a mortgage inspection of the property. Subject to acceptance, an Offer of Advance will be issued to the client.

 
5. If your client is happy to proceed, the acceptance form needs signing and returning to our Gibraltar office.

 
6. The client will then need to complete the legal documentation in Spain and appoint a Spanish lawyer to act on their behalf. The client will be responsible for both their own and the Society’s legal costs.

 
7. Once our lawyers have confirmed all the necessary checks have been done, we’ll make sure the funds are sent to them in time for completion. The client will need to make sure that their share of the purchase price, together with all the legal fees, is sent to the local Notary’s office in time for completion.
   
    
8. If your client has chosen a Euro currency mortgage product, on completion, the funds will be transferred to the Society’s lawyer in Euros. If your client has opted for a sterling mortgage product, on completion, the funds will be transferred to the Society’s lawyer in sterling and then exchanged into Euros at the prevailing exchange rate (provided by the Society’s bank). Remember that exchange rates can change on a daily basis. The completion of your client's mortgage will be carried out at the local Notary’s office in Spain.
   

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