In a recent statement the owners of Santander the Botin’s outlined their expectation that arrears in Spain had peaked and they expected matters and prices to improve this year. The rather optimistic view is at odds with what is happening to other banks and their view of the market. It is difficult to see how […]
Monthly Archives: June 2011
21Jun
Santander say Spanish Mortgage Arrears Will Fall
16Jun
Spanish mortgages market update June 2011
Place in the Sun update A Place in the Sun reports today that sales for Spanish properties in April fell to their lowest level since the crisis began. Sales were 32% down year on year and 25% lower than March this year. Whilst most agents are reporting higher sales to the non resident market the […]