Author Archives: Heather Chambers

29Jun

COVID 19 impacts on 2020 Spanish loan levels

April 2020 Spanish loan data Aprils Spanish loan figures started to show the impact of the lockdown on the numbers of new loans constituted in the Month. Mays figures will almost certainly be lower again and it will take a few months for good levels to return. On the positive side for the lenders in […]

01Jun
30Apr

Spanish loan levels up on last year

Spanish loan levels for February 2020 February Spanish Mortgage figures like January do not as yet reflect the impact of the shutdown in Spain. Februarys registered loans will reflect mainly completions that happened late December and throughout January. In total 36,050 new loan contracts were registered at land registry. This is up 16.1% on the […]

23Apr

Major Spanish lenders puts focus on re-mortgages

Re-mortgages in Spain After many years of lack of interest in looking at re-mortgages one Spanish Bank during this difficult time due to Covid 19 has decided to put some focus on the potential clients it could attract. The lender is not offering fixed rates at this present time but variable trackers at 1.75% to […]

31Mar

Spanish loans the calm before the Covid19 storm

Mortgage data Spain January 2020 Amidst everything that is going on at present the INE in Spain issued mortgage data in Spain on the 26th. The numbers relate to Januarys Spanish loans registered at land registry so are likely to reflect signings from December well before anyone dreamed in three months Spain would be on […]

12Mar
28Feb

Spanish home loans 2019 year to date

Loan levels in Spain Decembers  mortgage data was released this week along with the year to date for 2019 In December Mortgages in Spain average loan size fell to 122.1% down 4.2% over Dec 2018 and down 5.9% against the previous month. The number of loans in Spain reached 30.285 up 3.9% against November and […]

05Feb

Bank Lending in Spain

Bank of Spain quarterly survey The Bank of Spain has issued its quarterly report on Bank lending for Q4 2109. The data, some of which is open to question, is compiled not from statistics but from a questionnaire sent to participating lenders. Given the lenders may wish to politically skew some of their answers it […]

03Jan

Lending in Spain improves in October

Spanish Lending figures in October Octobers Spanish loan figures showed an improvement on the dismal figures from last two months but remained depressed against October 2018. How much of this is still due to a backlog from the regulation change is difficult to tell but after 3 months in row of low numbers the year […]

02Dec

Loan levels in Spain under pressure

Septembers loan data for Spain  released by INE. As was the same in August for Spanish mortgages the month of September was well down on the previous year as it would appear completions still get delayed post the new regulation and process for completion. Other indicators like level of loans redeemed tend to suggest it […]