Yearly Archives: 2019

Septembers loan data for Spain released by INE. Loan levels in Spain under pressure in the month. As was the same in August. For Spanish mortgages . The month of September was well down on the previous year. It would appear completions still get delayed post the new regulation and processes. Indicators like level of loans […]

New Spanish loan regulation takes its toll on August completions Data published by the INE in Spain today showed new mortgages take a hit in Spain. Delays in completions. Caused by the new regulatory requirements implemented in June. The INE takes its data from Land Registry. Rather than the Notary offices. This causes a lead […]

Sabadell fearful of Brexit impact This week saw Sabadell Bank drop loan to values for UK residents. Therefore becoming the first lender in Spain to officially change its Spanish loan criteria. For UK residents. Whilst Sabadell throughout the Banking crisis maintained 70% loan to value. For clients wanting a mortgage in Spain. Those who comfortably […]

What is the legislation and how does it affect borrowing in Spain Currency legislation affects Spanish borrowing. One of the more negative outcomes of the regulation changes on Mortgages in Spain has been the interpretation of the currency legislation. This allows borrowers to request a change of currency on their loan.In certain circumstances. The new […]

Current trends July home loans up in Spain. Normal trends in Spain are for Julys figures to be below June. This year the trend was reversed. Maybe due to a number of delayed completions from June. These being the Mortgages in Spain that fell foul of the new regulation requirements. Implemented mid June. The new […]

Whats affecting the loan market in Spain Property sales to UK nationalities has dropped off in last couple of years. over Brexit fears. Also uncertainty of its financial impact. This has had an affect on European non resident borrowing Spain. At the lower end of the price market. Due to the low price of property […]

  Latest news for mortgages in Spain issued this month Spanish loan levels dip in June. Loan levels in Spain dropped in June. Both against the previous month and the same month of the previous year. The number of new Spanish mortgages registered dropped by 2.5% against last year. With a total of 29.900. The […]

If you’re looking into purchasing a property in Spain, you might be questioning wherever it’s the right time to do it. Brexit uncertainty is currently the number one issue that stops Brits from relocating and purchasing a property in Spain. Therefore an impact of Brexit on Spanish housing market. A lot of Brits seek to […]

Loan in Spain completions Implementation of new Spanish rules, added paperwork requirements for lenders. And clients. Also confusion around what is required and when.  Registered loan completions in Spain continue to make their way to registration at land registry. It will be interesting to see what impact on June and Julys figures the changes have. […]

Home loans Spain House lending news Spain. The Spanish loan market hit by new regulation in July continues to be in a state of confusion. New rules surrounding regulation and the protection of borrowers in Spain has been so badly written. Also implemented that even the top legal teams at the Spanish Banks cannot agree […]