Residential lending in Spain

Spanish home loans for residents and non residents remains at lower levels than 2022. Interest rates stabilising. Fixed rates remain at competitive levels. Residential lending makes up 70% of all new credit in October. Loan sizes and capital lent fall year on year.


Mortgage completions Spain

Mortgage completions Spain are behind last year by a significant amount. This is due to a number of factors. Lack of buyers. World economic factors. Visa requirements for UK nationals. France and Spain considering making Visa requirements easier and for longer. Interest rates Spain looking to fall in 2024.


Mortgage Lending tightens in Spain

Lending in Spain dropped in June. Spanish Banks are adapting margins above Euribor to encourage borrowing. However lending criteria continue to tighten. The 12 month Euribor remains high but dropped in September. Due to the base rate possibly increasing this may change next month.


Spanish mortgage lenders

May 2023 Mortgage completions in Spain Spanish mortgage lenders saw Mays mortgage completion levels Spain upturn over April. The month on month increase was lower than that of last year. The average loan size increased significantly for the month. The average Spanish mortgage was € 141.8k. In comparison to 136.9k the previous month. However this […]


Spanish Interest rates

Spanish interest rates as an average increased in February. Data shows that fixed rates remain the favoured mortgage in Spain product type. Fixed rate loans for US applicants available. Lenders offering mixed rate products now available to wider range of nationalities. Spanish lending in February 2023 lower than January. Spanish Banks tighten risk criteria.