We can today say that Danske Bank Luxembourg, operating from their offices in Centro Comercial Idea, Carretera Fuengirola Mijas, was definitely successful in spreading the story that taking out a mortgage on your home to avoid Spanish taxes was the best thing since sliced bread.

A great deal of the business carried out by Danske Bank in Spain was Equity Release though straight loans to purchase property were also signed.

However, judging by how many equity release contracts we have knowledge of, in so many different places in Spain, we can say Danske’s scaremongers managed to make their lie, no matter how outrageous, a truthful story by repeating it often enough.