Non resident Spanish loans for applicants outside Europe Spanish Banks for many years have granted mortgages in Spain to most nationalities so technically UK residents should not be affected by the leave vote or find themselves precluded from making an application for a loan to buy a Spanish Property. As the biggest buyers of […]
Property and loan market in Spain
April property sales Data released within the month of June continued to show gradual but sustained recovery of the property and home loan market in Spain for the most part . New mortgage applications for mortgages in Spain, in total grew and house sales were up. It is clear from some of the stats that the […]
Loans in Spain for March 2016 fall over February
Mortgage data for Spain Whilst the housing recovery seems to be continuing the loan market is lagging a little behind. The number of mortgages granted is increasing but at slower levels than the beginning of year. In March the average loan size for mortgages in Spain dropped from February by 4.8% but was up on […]
A mixed bag of Spanish Mortgage Data
Spanish House sales The last week has seen a mixed bag of data for mortgages in Spain being issued in Spain. The transfer of property rights which is published by the INE each month, based on transfers of ownership recorded at Land registry, showed that in March there was slight fall both month on month […]
Mortgages in Spain April 2016 data improves
Spanish Banks After a number of years of contraction the Spanish Banks are on the acquisition trail again. Caixa Bank is actively pursuing one of the Portuguese Banks seeing them as a good synergy for their existing business. With a similar market place to Spain Portugal is obvious choice for Banks looking to expand given […]
Spanish Mortgage data for beginning of year is mixed news??
January loan data in Spain Januaries reporting for Spanish mortgages was a mixed bag and good and bad news. The difference between the numbers reported by the INE and the Notary offices in January were very large. Because each body draws its information from different sources there is always a difference between the two but in January […]
Applying for a mortgage in Spain
When is a mortgage approved Mortgage applications in Spain can be a little confusing unless it is made clear to the applicant what the process is with the Bank they are applying to and at what point the loan is secure and fully underwritten. Unlike other countries like the UK the Banks in Spain do […]
Home loan results for December and 2015 Spain
2015 mortgage and purchase results in Spain Last month saw the final results for Mortgages in Spain for both the month of December and 2015 accumulated. Data released by both the INE (statistical office) and the official body for the Notary offices showed growth for December and an increase in all areas of the housing and […]
What does 2016 hold for Spanish Mortgages
Over view of Spanish Loans in 2015 In 2015 from a very stagnant nonresident loan market in the last few years, steady and consistent growth of Spanish mortgages was seen across the board. Spanish Banks looked during the 12 months of 2015 to reverse the trend of diminishing books of mortgages in Spain, raised branch targets and […]
Loan levels and house sales in Spain for November
Data for November suggest the recovery continues in Spain both in terms of house sales and mortgages in Spain granted within the month but the recovery is slow and lacking in some momentum in certain areas. House sales House sales which are reported on by two key bodies in Spain, this being the INE and […]