12May

Spanish mortgages lender updates

Barclays Post the ECB base rate increase and the continuing upward trend of Euribor rates with little relief in site for the cost of the funds for Spanish Banks Barclays recently increased margins above Euribors to a minimum of 1.75% on their variable rate. The three year fixed rate rose to 4.25% and the full […]

11May

Finally some good news for Spanish Banks!

Finally some good news for Spanish Banks! Yesterday it was announced the recently announced (Forbes Magazine)  richest man in the world Carlos Slim has bought into La Caixa. La Caixa should be one of the first savings bank to fully list and this endorsement will undoubtedly help the listing process and encourage other investor to […]

03May
03May

Property Auctions In Spain

Whilst many companies advertise the buying of property in Spain via auctions none of these web based advertisements are actually official auctions where Spanish repossessed property can be bought. The official auction process in Spain is a very different process to those being touted on the web. When a property is going through a repossession […]