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.
Yearly Archives: 2021
01Mar
Home loan levels in Spain for 2020
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.
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Documents required
Spanish Banks require certain documents are presented in order for them to assess a mortgage. No self certified or minimum documentation loans are available. All Spanish Mortgages are full status.
Self Build loans Spain
Are you considering buying a plot and building your own property find out what lending facilities are available and at what point in the project funds can be made available.
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Feedback from clients
Dear Heather, Ravena and Cecilia
You have been more than helpful and should we find anything else that we feel suits our needs we would not hesitate to use your company again.
You have been an absolute star and I cannot thank you enough because we may have been pressured into paying a 3000 Euro deposit early on if it wasn’t for you and your valuable information.
Hopefully we will be successful at securing a property in Majorca in the near future and look forward to working with you again.
Kindest Regards and Highest Recommendations,
Catherine, Keith, Ray and Marie
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