Monthly Archives: May 2014

Issued today was the Spanish mortgage data relating to March of 2014. Key indicators Since January 2014 Spanish Banks have had lending targets but the first two months of year showed little movement in terms of increases in either number of loans granted or capital lent. For March 2014 we have finally seen a year on […]

A recent article in the Telegraph Retirees snap up cut price property in Spain written by Nicole Blackmore outlined the increase in UK residents between the ages of 40 and 60 years looking to buy in Spain. The resurgence of activity in Spain is due to much lower prices and strong exchange rates. Funding of a […]

Barclays UK today announced a number of cuts to its banking operations across its worldwide portfolio.Cuts in personal in the UK will total 19,000 to be shed by the end of 2016. Barclays leaving Spain Part of the overall cutbacks includes the shedding of its 250 branches in Spain. The Spanish retail banking operation will […]

Last week saw a number if the major Spanish Banks report their first quarters figures. In general the numbers reported by the Spanish Banks showed a steady improvement both from the last quarter and on a year on year basis. Profits started to show some recovery and bad debts for mortgages look to have reached […]