Mortgage completions exceed cancellations in Spain

Mortgage cancellations lower than new completions in September For the first month in well over 6 years the number of home loans newly constituted in Spain outstripped the amount of loans cancelled. Data released this month, taken from land registry by the statistical office for September, showed that more than net 2,814 new Spanish loans were added […]


Spanish housing and mortgage market recovery

Is a sustained recovery on its way in Spain Data for 2015 suggests that we are now seeing some continuity in the recovery of the housing market and mortgages in Spain. Across the board the statistics to date show that more homes are selling and more mortgages are being granted. The only area still under […]


Fixed rate mortgages in Spain

Fixed rate availability In a marked wind of change Spanish Banks are promoting fixed rates. For many years in Spain whether for resident or nonresident loans variable rates have been the favored choice of the Spanish Banks with over 95% of all Spanish mortgages completing each month on a variable tracker basis. In the last […]


Property transfers in Spain

House sales Spain After many years of falling house sales 2015 finally looks to be the year that will end on a positive note. Reported monthly by the INE are the statistics on property transfers. Property transfers in Spain cover a number of areas including moving a plot to horizontal division, Bank repossessions, inheritance, donations, […]


Sale of homes and lending data in Spain

Mortgage market supporting a Spanish housing recovery A recovering mortgage market is essential for the overall recovery of the housing market in Spain. Data issued by the INE who take their information from Land registry and data taken from the Notaries which is extracted at signing, show that June and July continues the slow but […]


House sales for Spain in June

Housing Market Data House sale data issues yesterday supports other statistical information coming out of Spain that the economy is recovering. Along with mortgages in Spain being on the increase the level of homes sold in June increased by 17.6%. The percentage increase from the same month of the previous year for all transfers of […]


Mortgage repossession data for Spain 2014.

Repossessions in Spain Since the crisis the Bank of Spain has insisted as part of their regulatory role that Banks in Spain make detailed reports to them on the situation relating to repossessions. The first report was issued in 2013 so data is very new in its nature and it is difficult to extract from […]