Second Halifax for Canaries
November 21st, 2007
That famous Halifax business slogan “Always giving you extra” certainly rings true when it comes to expansion in the Canary Islands.
In a fast-growing market, Fuerteventura welcomed the first Banco Halifax Hispania in September and now Fanabé on Tenerife has become the second prestigious location. Further branches are to follow, including in Arona, as the Halifax strives to achieves its aim of innovation and competitiveness. The Halifax opened its first Spanish branch in Madrid in 1993 and has identified the Canaries as a place it has just got to be.
You can now find the distinctive blue Halifax cross at a smart and spacious new office on the top floor of the Central Commercial Fañabé Plaza. The staff are multi-lingual, speaking Spanish, English, German and some French with branch manager Cristina Olmos in charge.
The office is bright and air-conditioned with stunning decor and the lay-out allows for privacy when discussing personal financial details.
British people will be particularly delighted to welcome the Halifax as it is a well-trusted name and you will find all the same services as offered at home on the high street. The range of high-quality products are tailored mainly to the UK market, directed at non-residents and residents alike.
The team at Fañabé prides itself on being welcoming and professional and will take time to sit down with you and explain all the products and services available. These include an opening promotion which offers up until December 31, 2007 no fee for arranging new non-residents’ mortgages and no fee for non-residents when they switch their current mortgage to the Halifax.
One very attractive offer is that if you already have a Halifax or Bank of Scotland account in the UK and need to transfer money from Britain to Spain or vice versa, there will be no charge. This represents a considerable saving, especially if you do such transactions on a regular basis.
For just 25 euros a year, you can become a member of the Halifax Club which has many benefits. The account includes debit cards, interest, setting up direct debits free of charge and 24.7 telephone banking. The Club also provides you with a helping hand, ranging from dealing with bureaucratic paperwork to fitting a window or delivering flowers. Just one telephone call gives you access to a world of services and all in your own language.
Deposit accounts at the Halifax offer high interest rates of up to 4.75 APR and you might like to consider a new mortgage or mortgage switch incorporating up to 15 years of interest only payments. This option is available for residents and non-residents and could help to reduce your monthly payments if you are feeling the pinch. You may even be able to release some equity from your home. Mortgage terms are available up to a term of 40 years and for customers of up to 80 years of age. Buying a property in Spain can seem quite daunting for a first-timer and Halifax is able to provide all sorts of expert help and advice and has some excellent booklets.
The Halifax also offers insurance for your home and car and life assurance as well as pension plans.
Full story from tenerifenews.com
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