Spanish mortgages for the full year of 2020 were down on 2019 due to the impact of COVID but Capital lent held up reasonably well. Higher average loan sizes in Spain offset some of the downturn in numbers. Spanish Banks obtained benefit from lower redemption levels.
01Mar
08Feb
Monthly loan activity Spain
Mortgages in Spain for the month of November showed a decline in numbers of completions but due to increases in average loan sizes capital lent is holding up relatively well.
26Jan
Time to arrange a Spanish Mortgage
Now is a good time to understand what Spanish Mortgage facilities are available for non residents. Northern European clients and applicants from EU, US, UK, Holland, Germany and Scandinavia can pre-approve a loan in Spain.
25Jan
October 2020 house loan data in Spain
COVID 19 and Brexit both play a part in depressing the Spanish home loan market. Annually capital lent is down on 2019 and unlikely to improve in last two months of 2020. October Spanish mortgage figures however show an improvement on previous months.