Category Archives: Mortgage services

Buying off plan. What are the off plan purchases mortgage risk in Spain. When buying off plan in Spain you are securing the right to buy at completion of the construction. The contract means that whilst you have the right to buy and will pay staged payments to the developer during the building phase as […]

May 2020 loan numbers down on last year Data issued this month for Mortgages in Spain for May 2020 Spanish loan figures. Show a large decline against the same month of last year. However small increases in the situation over April. The data is a little surprising. Given the lockdown situation during April. As this […]

April 2020 Spanish loan data Covid 19 impacts on Spanish Mortgage levels. Aprils Spanish loan figures start to show the impact of the lockdown. Of numbers of new loans constituted in the Month. Mays figures will almost certainly be lower again. It will take a few months for good levels to return. On the positive […]

Mortgages in Spain decrease in month of March Lending in Spain feels lockdown impact. Spanish lending data for March published at the end of May started to show the affects of the lockdown. March completions will in general relate to activity in February so the drop is significant but as yet not a reflection of […]

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

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 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 a lockdown.

Number of Spanish lenders lending Mortgages to non residents decreases The last few weeks have seen more Spanish Banks remove fixed rates. As an option for a mortgage in Spain . Therefore non euro earners struggle getting Spanish loans. Whilst most lenders have stipulated currencies by which they will still lend. For variable rates. An increasing […]

In December of 2019 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 43% over December 2018.

Bank of Spain quarterly survey The Bank of Spain has issued its quarterly report on Bank lending. For Q4 2109. The data for Bank lending in Spain 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. […]