Banks in Spain become estate agents More and more banks in Spain are offering discounts to current valuation on properties they own or are in the process of repossessing. Bank stock now provides probably the widest and most cost effectively priced property you can find and can allow for higher loan to value Spanish […]
Monthly Archives: February 2010
Spanish Banks Desperate To Sell Their Growing Property
Mortgages in UK To Reflect Mortgages in Spain
For many years the banks in Spain have worked off affordability ratios rather than multipliers of gross incomes. The FSA in the UK who are looking at changes to be implemented this year after the credit crisis of 2008 and 2009 are looking like they will insist in future lenders in UK work on affordability […]
The Spanish Economy as Seen by the Little People
I am no high flying economist but recent days has seen much activity with the UK press about Spain and the Spanish Economy. Thank god someone is finally asking some questions It is interesting that, until recently, little has been done by the Spanish Press. Unlike UK press Spanish newspapers rarely go on crusades or […]
Low Rate Spanish Mortgages -Update
Further to my article on yen mortgages supplied by Dominion credit I have received 2 further communication inputs from clients who have applied for a mortgage via Low Rate Spanish Mortgages. Over the Christmas period Low Rate Spanish Mortgages pulled back their pay for click and paid for link activity but are back with a […]
3 International Mortgage Pitfalls You Must Be Wary Of
The mortgage industry is like a minefield that could blow up on you suddenly, even when you’ve planned everything and done all your research, which is why you must tread carefully when attempting to secure a mortgage to buy a home or other real estate. You need to choose your lender with care and also […]