I read a post on another forum where someone had had their UK credit history messed up by a default from a Spanish bank due to a mortgage default.

In the UK a default notice can be there for 6 years and to most prime lenders your branded slightly better than dog squeeze.

Does anyone think that people with assets in the UK should consider creating a "wild goose chase" paper trail back to Spain?

Like for example registering them selves at the town hall at a Spanish address and having their Spanish bank mail sent their?