Britons could be banned from buying homes in Spain under new proposals made by the country’s Left-wing Prime Minister.

Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

“We will propose to ban these non-EU foreigners who are not residents, and their relatives, from buying houses in our country since they only do so to speculate,” Mr Sanchez said at a political rally in Plasencia, in western Spain.