Category Archives: Mortgage services

March mortgage figures in Spain The month of March saw the biggest decrease on number of loans completed between the months of February to the month of March in the last 5 years. Whilst over the last 5 years apart from 2009 the number of mortgages completed decreases February to March the decrease this year […]

The overall levels are now lower than midway through 2012 but only because a large tranche of properties and their loans were transferred to SAREB in the months of December and again in February 2013. The overall number of doubtful loans totals 163 billion this is 10.47% of the loan books. Whilst the level of […]

Despite some of the difficulties being experienced in Spain and the data constantly hitting the press lending is still possible in Spain. For some Banks the focus is now very much on the nonresident market which is a complete reverse to the situation a few years ago. Whilst once seen as the more risky and […]

Lending drops in Spain Data out from the Spanish Statistical office yesterday showed yet another decrease in  lending in Spainboth in terms of average loan size, capital lent and number of new mortgage constituted. The level of Spanish mortgages for residential dwellings completed in February 2013 fell by 4.9% in comparison to January 2013 and […]

Data out today has shown an increase in January both in average loan size granted month on month and numbers of mortgages registered month on month in Spain. Whilst the numbers and average loan size from Dec 2012 to Jan 2013 have increased the overall year on year statistics however continue to drop. Capital lent […]

A few weeks after withdrawing all lending facilities to anyone who earned their money outside the Euro Deutsche bank Spain has launched a new nonresident product aimed at Swiss, Norwegians and Danish clients. The withdrawal from nonresident lending appeared to be a knee jerk reaction to a spate of repossessions mainly from UK mortgage holders. […]

INE Spain For the first time the National Statistics Office in Spain has issued an annual summary of Spanish Mortgages constituted in 2012 in comparison to 2011 and the last 5 years. The average value of total Spanish Mortgages granted dropped by 5.6% from 2011 to € 112.875. The average loan amounts for dwellings was […]

Decrease in Spanish Mortgages according to INE December 2012 saw a further drop in overall mortgage lending in Spain. On the vaguely positive side the decrease in number of loan completed in December 2012 in comparison to November 2012 was less negative than November to December numbers for 2011. In 2011 the drop month on […]

Information on Barclays Bank in Spain. Spanish Banks announce branch closures.

Despite a small increase in property sales in December 2012 in comparison to Dec 2011 the overall annual figure for Spanish property transfers fell by 11.3%. Of the 49 thousand of total properties sold 23 thousand related to dwellings. In December the amount of sold new properties increased slightly as sales completed before the end […]