21Jun

Santander say Spanish Mortgage Arrears Will Fall

In a recent statement the owners of Santander the Botin’s outlined their expectation that arrears in Spain had peaked and they expected matters and prices to improve this year. The rather optimistic view is at odds with what is happening to other banks and their view of the market. It is difficult to see how […]

16Jun

Spanish mortgages market update June 2011

A Place in the Sun reports today that sales for Spanish properties in April fell to their lowest level since the crisis began. Sales were 32% down year on year and 25% lower than March this year. Whilst most agents are reporting higher sales to the non resident market the resident market is slow due […]