Gibraltar Properties - Costa Del Sol Properties - Costa De La Luz Properties - Morocco Properties - Portugal Properties 20th October 2018 
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Sally Butcher was recruited by Leeds & Holbeck Building Society to head up its new operation in Gibraltar, which opened for business in November 2002. She has more than 10 years' experience in financial services on the Rock

To obtain more information about any of the Society's range of services, contact Leeds & Holbeck by calling into their offices at Heritage House, 235 Main Street, Gibraltar. They can be contacted by telephone (+350 50602; 9567 50602 from Spain) and by fax (+350 47838; 9567 47838 from Spain). Their website address is

The Leeds & Holbeck Building Society first opened the doors of its Gibraltar branch on November 1st, 2002. The Gibraltar office was the Societys first venture outside the United Kingdom and they have gone from strength to strength since the day they commenced business on the Rock. Their offices are situated on the first floor of the beautifully refurbished Heritage House, 235 Main Street.

To paint a brief sketch of the Societys long history in the United Kingdom, the Leeds & Holbeck Building Society was originally founded in 1875, the Head Office being established in the heart of Leeds in 1885, where it remains to this day. They now have 57 branch offices spanning the length and breadth of the United Kingdom, and with assets in excess of £5 billion they are the eighth largest building society in the UK.

Leeds & Holbeck Building Society is proudly mutual and intends to remain so œ this means that the Society is not required to pay dividends to shareholders, so can offer better value to members through their very competitive rates and products.

So what does all this mean to the Gibraltar offices and its customers? In the experience of Sally Butcher, the Operations Manager of the Gibraltar office, the enthusiasm, fresh ideas and sheer desire to satisfy customers that is shown by every Leeds & Holbeck member of staff in Gibraltar equals that of their UK counterparts.

Staff at Leeds & Holbeck Building Society (wherever in the world!) are determined to ensure that customers are given an outstanding, friendly and professional service; they aim to meet the customers expectations, claiming that the Leeds & Holbeck strap line It pays to belong” is a fact, not just a slogan.

The services offered from the Gibraltar office range from mortgages for properties in Gibraltar to deposit accounts with guaranteed fixed rates. Also, the Society will shortly be launching a range of mortgages for properties in Spains Costa del Sol, so it won't be long before the first home purchases are completed in Spain - Leeds & Holbeck commenced their Gibraltar lending on the first day that they opened for business last November, with their first case completing before the end of the same month!

Lending in Gibraltar is an exciting challenge for the Leeds & Holbeck as local competitors have been long established on the Rock. However, by offering innovative and highly competitive products, coupled with an excellent and speedy service, the Society has ensured that customers can choose the best product suited to their own personal requirements.

Just an example of one of the new and innovative ideas the Society offers is one of their recently launched mortgage products which is unique in Gibraltar - it offers a fixed rate of interest for 15, 20 or 25 years! The huge advantage of this product is that whilst knowing exactly what the fixed mortgage repayment will be throughout the term of the product, the customer has the flexibility of repaying the mortgage in full or of transferring into another Society product without incurring any penalty or charge at fixed times during the term œ surely a product that offers the best of both worlds œ the security of a long-term fixed rate with the ability to move should the rates reduce during the mortgage term.

Deposit products, which are aimed at both the local market in Gibraltar as well as at expatriates in mainland Spain, have been extremely popular since they were launched at the beginning of summer. In the current economic climate, many people wish to deposit their savings with a reputable Building Society, and with the excellent interest rates and products the Society offers Leeds & Holbeck have found themselves to be a popular choice!

A planned addition to the range of services offered by the Gibraltar office is lending facilities for properties on the Costa del Sol. The staff at the Gibraltar offices have many years' experience of assisting customers wanting to buy (or remortgage) their dream home in the sun. With the support and advice of experienced local lawyers and UK-qualified surveyors, Leeds & Holbeck are able to guide and advise customers through the potential pitfalls and different issues that are encountered when buying property in Spain. More and more people wish to own a property in Spains popular Costa del Sol and Leeds & Holbeck Building Society is the ideal lender to guarantee customers a prompt service, professional advice and enthusiastic support every step of the way to their new front door!

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Click here to view our full list of articles containing information essential to anyone who has purchased (or is considering purchasing) property in Spain.