In a rather unexpected turn of events, given Spanish Banks have lending targets this year and are actively looking to lend, Aprils mortgage figures in Spain were down on the previous year. April mortgage statistics Overall lending in Spain dropped by 13.4% in comparison to the same month in April. The average loan size rose slightly […]
TINSA monthly house price report for Spain
Who are TINSA TINSA IS are one of the major valuation companies used by Spanish Banks when evaluating property in Spain for the purpose of a mortgage publish each month a report on average price per square meter. The report uses 2004 as a base and tracks the average price per meter square over the last […]
New fixed rate Spanish Mortgages released for June
Spanish Banks who traditionally offer Spanish mortgages on a variable trackers and complete on only a small percentage of fixed rates, may be about to buck the historical trend. Fixed rate mortgages in Spain have in the past been at much higher rates than the underlying variable and difficult to apply for. Issues with fixed rates […]
Quarter 1 official data for Spanish property prices released today
The Institute of National Statistics issued today the first quarter house price data for 2014. The figures published today support the assumptions that Spanish property prices are bottoming out in general across Spain and the view that by 2015 prices may in fact start to grow again. Since 2007 property prices in Spain have fallen […]