Monthly Archives: July 2014

Figures out today from the statistical office for mortgage completions in Spain during the month of May will not make happy reading for the Banks in Spain. Background to lending completions in Spain After 5 years of zero lending targets and a desire to reduce their overall book, in 2014 the Banks opened the doors again and most […]

As predicted in my earlier updates on the Spanish mortgage market the Banks have reached the half year well behind on mortgage targets. Spanish lending targets for 2014 Meeting the large targets at the beginning of the year was always going to be a tall order for the Banks who could not expect, just because they […]

Non resident and resident mortgage market performance in Spain, first half of 2014 Spanish Banks will have got to the half year end well behind on completion targets in both the resident and the non resident mortgage market. The residential property market remains depressed except in the area of non resident property purchases and net outflows […]