Decrease in Spanish Mortgages according to INE December 2012 saw a further drop in overall mortgage lending in Spain. On the vaguely positive side the decrease in number of loan completed in December 2012 in comparison to November 2012 was less negative than November to December numbers for 2011. In 2011 the drop month on […]
Barclays Spain announces Branch closures
Information on Barclays Bank in Spain. Spanish Banks announce branch closures.
Property transactions fall in Spain for 2012
Despite a small increase in property sales in December 2012 in comparison to Dec 2011 the overall annual figure for Spanish property transfers fell by 11.3%. Of the 49 thousand of total properties sold 23 thousand related to dwellings. In December the amount of sold new properties increased slightly as sales completed before the end […]
Euribor rates rise slightly for February mortgage completions
After increasing slightly December to January Euribor rates appear to be dropping again. The 12 month Euribor rate for mortgage completions and annual reviews in Spain rose from 0.55% to 0.57% in February reflecting the rises experienced in December to January. Whilst this move was small it was at the time seen as significant as […]