Prospective homebuyers who want to purchase a home on the continent may be more likely to use banking institution Barclays during the buying process following the launch of a new international mortgages website.
The financial services provider's new property portal aims to offer detailed information on 16 of Barclay's international mortgages deals aimed at non-residents in Portugal, Spain, France and Italy.
Targeted specifically at intermediaries, it is hoped the site will reaffirm Barclay's commitment towards the international mortgages market, explained Suzanne Clay, European business development manager at the banking organisation.
"This online service reinforces our position as a leading player and will enable us to capture a greater share of the overseas mortgage market," she said.
Ms Clay added that the bank hopes the website "will encourage intermediaries to open a dialogue with their clients and discuss all financial options available".
Recently, the Association of International Property Investors published a survey into the most popular overseas destinations for Britons, reports What Investment.
According to the poll, Spain was the most popular country for property investors, with 31.6 per cent of respondents choosing the country as the best for investments - while France came second with 18.9 per cent of the vote.
New international mortgages portal launched
Tue, 06 Mar 2007
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