Transparency
UK & Spain key facts methodology
Our UK and Spain service, location and guide pages include figures for rates, taxes, costs and local prices. This page explains exactly where each of those figures comes from, what it represents, what it excludes and how often it is reviewed. Our data & estimates disclaimer sets out which figures are official government data and which are our own indicative estimates.
Methodology content updated 29 October 2026.
Spanish valuation data currently used: Ministry of Transport release · checked · indicative key facts reviewed
In short
Where do the figures on Clifton International's pages come from?
Official UK context comes from Bank of England benchmarks, HM Land Registry and ONS property statistics, and HMRC, Revenue Scotland or Welsh Revenue Authority tax guidance. Spanish context uses official Ministry valuation data, Banco de España Euribor publications and the relevant tax authorities. Separately, our finance ranges, eligibility assumptions and calculator examples are Clifton-approved indicative or illustrative guidance—not official statistics, live lender pricing or an offer of finance.
- Price per m² is official Ministry of Transport (MITMA) bank-valuation data, Q2 2026 release — not estimates.
- UK residential price statistics are transaction-based, not portal asking prices or individual valuations.
- Purchase-tax guidance follows the property’s jurisdiction: SDLT, LBTT or LTT in the UK.
- Official benchmarks and approved indicative finance ranges are separate; no public finance figure changes automatically.
Official UK and Spain data sources
Ministry of Transport valuation data (MITMA)
Average bank-valuation prices of free-market private housing (valor tasado de la vivienda libre), in euros per square metre, published quarterly for every province and every municipality with more than 25,000 people. This is the sole source of the price-per-m² figure on every Spanish location page — we do not estimate or blend these figures. The data on this site is from the Q2 2026 release (data period 2026-04/2026-06).
View the official Ministry dataSpain: official purchase-tax guidance
ITP and AJD use the relevant autonomous community’s published guidance. IVA uses national tax authority guidance, with separate indirect-tax regimes in the Canary Islands, Ceuta and Melilla. Tax bands, reliefs and eligibility depend on the transaction; confirm them with a Spanish lawyer.
Official Euribor and Banco de España data
Spanish variable mortgage pricing is anchored to the official Euribor rate published monthly by the Banco de España from the European Central Bank fixing. We use the official monthly average, not unlicensed daily fixings.
UK: Bank of England benchmarks
Bank Rate provides policy-rate context. Published Bank of England interest-rate series provide aggregate statistical context where cited, with the relevant series and observation period identified. Neither is a mortgage or bridging quote, and neither automatically sets our approved finance ranges.
Bank of England Bank Rate historyUK: Bank of England interest-rate statistics
Quoted household rates and effective interest rates are different statistical series. Quoted rates describe specified advertised products; effective rates describe average rates on actual borrowing or deposits. Any cited series must retain its definition and observation period—not be relabelled as our bridging or commercial finance range.
Bank of England statistics tablesUK: HM Land Registry property statistics
UK House Price Index publications provide transaction-based residential price context. HM Land Registry Price Paid Data records qualifying completed sales in England and Wales; it is not UK-wide coverage. Neither dataset is an asking-price series or a substitute for an individual valuation.
HM Land Registry UK House Price IndexUK: Office for National Statistics (ONS)
ONS publishes UK House Price Index statistics with national and regional context and methodology, jointly produced with HM Land Registry, Registers of Scotland and Land and Property Services Northern Ireland. The index adjusts for the mix of properties sold. Identify the geography, data month and publication date, and note that recent estimates can be revised. It does not measure commercial property values.
ONS UK House Price Index publicationsEngland and Northern Ireland: HMRC
Stamp Duty Land Tax (SDLT) guidance determines the relevant residential, non-residential or mixed-use treatment. Check additional-property rules, reliefs and any applicable non-resident surcharge against official guidance; your solicitor confirms liability for your transaction.
HMRC Stamp Duty Land Tax guidanceScotland: Revenue Scotland
Land and Buildings Transaction Tax (LBTT), rather than SDLT, applies to Scottish property transactions. Use Revenue Scotland guidance for the relevant bands, reliefs and any Additional Dwelling Supplement; confirm the treatment with your solicitor.
Revenue Scotland LBTT guidanceWales: Welsh Revenue Authority
Land Transaction Tax (LTT), rather than SDLT, applies to Welsh property transactions. Use Welsh Revenue Authority guidance for residential, higher residential and non-residential treatment and reliefs; confirm the treatment with your solicitor.
Welsh Revenue Authority LTT guidanceOur approved indicative finance ranges
Finance ranges, loan-to-value and loan-to-cost assumptions, fees, terms and completion times are Clifton’s compiled indicative guidance, not official government statistics. Calculator rates and worked examples are illustrative where labelled. They do not promise eligibility or terms.
UK bridging figures are approved lender-neutral ranges, not republished lender term sheets. Commercial calculator scenarios use only approved illustrative ranges. Monthly review does not mean live pricing: any change requires explicit approval before publication, including after a Bank Rate move.
Official data has its own observation period and release date. The “Figures reviewed” stamp covers our compiled finance assumptions; the content-review date records this page’s editorial update. These dates are not interchangeable.
How the price-per-m² figures work
The Spanish Ministry of Transport and Sustainable Mobility publishes Valor tasado de la vivienda libre — the average bank-valuation price of free-market private housing — every quarter, for every province and for every municipality with more than 25,000 people. Each figure is based on thousands of individual professional valuations carried out for lending purposes, and the publication states how many valuations sit behind each area's average.
We use these figures exactly as published. We do not estimate, adjust or blend them. Where a location has no figure of its own — because it falls below the 25,000-person threshold — the page uses the official figure for its province (or region, for island and coastal areas, with the principal towns listed alongside) and states clearly which area its figure covers and how many valuations it is based on.
Because these are bank-valuation prices rather than portal asking prices, they usually sit somewhat below what a seller is asking. Treat them as an independent, prudent benchmark of value in each area — which is precisely how lenders will see the property.
How rates are presented
Spanish and UK lenders price case-by-case. Borrower profile, country of residence, income currency, asset type, location, loan size and loan-to-value all move pricing, so a single headline rate would be misleading. Spanish variable-rate guidance separates the official Euribor reference from the separately approved margin. UK bridging ranges are lender-neutral indicative guidance, and commercial calculator scenarios use approved illustrative assumptions—not named-lender products, live pricing or a whole-market comparison. An adviser confirms case-specific terms after underwriting.
What is excluded
- Any lender, broker or third-party fee not explicitly stated on the page.
- Currency movement between agreement in principle and drawdown.
- Personal tax consequences in your country of residence.
- Insurance, survey and ongoing property running costs unless stated.
Review cycle
The Ministry's valuation statistics are published quarterly. When a new release comes out, every price figure on the site is checked against it and each page's data period and structured data are updated to match, with the date we checked shown alongside.
UK House Price Index releases are monthly and can revise earlier estimates. UK property pages should identify the geography and data month separately from the publication date. Bank of England benchmarks and tax guidance are checked against their official sources; this page does not claim that every release has already been incorporated site-wide.
Our compiled indicative finance figures are reviewed monthly and re-checked when a material change occurs. Changes are published only after explicit approval and never update automatically. A new official release or content review does not renew a finance-approval date.
Official data remains attributed to its publisher. Our finance guidance is indicative or illustrative, not an offer of finance or personalised advice. For a quote based on your circumstances, speak to an adviser.
Questions about our figures
Where do the price-per-square-metre figures come from?
From the official "Valor tasado de la vivienda libre" statistics published by the Spanish Ministry of Transport and Sustainable Mobility (MITMA). These are average bank-valuation prices of free-market private housing, in euros per square metre, published quarterly for every province and for municipalities with more than 25,000 people. The figures on this site are from the Q2 2026 release.
Why is the official price per m² lower than the prices I see on property portals?
The Ministry publishes bank-valuation prices — what a qualified valuer assesses the property as worth for lending purposes — rather than portal asking prices. Valuation prices usually sit somewhat below asking prices, so treat the published figure as a prudent, independent benchmark rather than a prediction of the final purchase price.
What happens if a town is not in the Ministry's published data?
The Ministry covers municipalities with more than 25,000 people. Where a location has no figure of its own, we use the official figure for the province it sits in — or, for island and coastal areas, the region figure with its principal towns listed alongside — and every page states clearly which area its figure covers and how many valuations it is based on.
Where do the Spanish purchase taxes (ITP, AJD and IVA) come from?
ITP and AJD rates are checked against the relevant autonomous community’s official guidance. IVA treatment is checked against Spain’s national tax authority guidance; different indirect-tax regimes apply in the Canary Islands, Ceuta and Melilla. Confirm the tax treatment of your purchase with your Spanish lawyer.
Where do the mortgage and bridging rates come from?
Official Euribor and Bank of England benchmarks provide reference context, not a borrower-specific mortgage or bridging quote. Spanish mortgage margins are separately approved finance guidance. UK bridging and commercial calculator ranges are Clifton-approved, lender-neutral indicative or illustrative assumptions, not copied lender product tables, live pricing or a whole-market comparison. Compiled figures are reviewed monthly and changes require explicit approval; figures currently reviewed October 2026.
Where do UK property statistics come from?
UK residential price context uses HM Land Registry and ONS UK House Price Index publications. These are transaction-based, mix-adjusted statistics, not portal asking prices or a valuation of an individual property. State the area and data month, distinguish the publication date, and allow for revisions. HM Land Registry Price Paid Data covers England and Wales, not the whole UK.
Is Bank Rate the rate I will pay?
No. Bank of England Bank Rate is an official policy benchmark. Its published interest-rate statistics describe specified aggregate series, not a lender’s offer to you. A finance range, margin or calculator assumption is separately labelled and approved; no benchmark change automatically changes our public finance figures.
Are the figures a quote or an offer of finance?
No. Official statistics are published observations and statutory tax guidance is not a finance offer. Our finance ranges and worked examples are indicative or illustrative guidance only. They are not an offer of finance and are not advice. A quote based on your circumstances is produced by an adviser after reviewing your profile, the asset and the intended exit.