John Howell Associates one of the leading international but UK based legal firms has announced it is to close from the 10th July.
Yesterday afternoon with no prior notice or indication Leeds and Holbeck in all but name withdrew themselves from the Spanish mortgage market. Is this a sign of further problems in the UK?
This weeks Spain “Paradise Lost” programme on ITV 1 was an overview of the market in Spain both now and in the preceeding years.
In May this year, the Bank of Spain and Spanish government passed a new rule that reduces the validity of valuation reports from 6 months down to 3 months. This change is a reflection on the volatility of values of properties in Spain and the Bank of Spain’s requirement to ensure that loans do not […]
UCI the mortgage-lending arm of Santander and BNP Paribas is one of the few providers still actively and aggressively providing Spanish mortgages. UCI only provides Spanish Mortgages via brokers and third parties so no mortgages no business which may explain why they are still very much in the market. Loan to values which were once […]