http://www.dailymail.co.uk/money/news/article-2148335/Fleeing-Costa-catastrophe-Thousands-hand-villa-keys-Spains-economy-teeters.html

Remember Spain has an agreement with the UK and will pursue you through the UK courts for any outstanding monies and interest.

In the past few weeks the Spanish Government and the Banks have got together to try and resolve the outstanding mortgage problem see below.

http://www.rdtabogados.co.uk/news/articles/mortgage-resolution.aspx ;    8-)