Changes in margins for Spanish Mortgages As banks in Spain continue to find the raising of funds difficult and costly so their requirement to widen margins has continued. January so far has seen many banks increase margins above Euribor for their variable products and increase their fixed rate offerings to reflect the tough market conditions in […]
Daily Archives: January 25, 2011
Beware Of Life Policies Linked To Spanish Mortgages
Beware of what you are signing! As banks in Spain continue to struggle to make Spanish Mortgages profitable, so the requirement for linked products has increased. For many lenders this requirement can only be enforced for the first year and cancelled by the client for subsequent years as the product is not written into the […]