2017 overview 2017 is drawing to a close with a much better situation for mortgage lending in Spain and the Spanish Banks. All Spanish lenders had ambitious lending targets for the year and these have not been reached but in general across all key areas 2017 has been a much better year. Non resident mortgages […]
Residential loan activity in Spain
September Home Loans in Spain Septembers provisional figures for Spanish mortgage performance were published today In general across almost all areas the figures were an improvement on August. The number of new Spanish home loans constituted in the month were 29.388 up 9.2% on the same month of the previous year. Capital lent increased yearly […]
Lending up nationally Cataluna sees a drop
Spanish Mortgage data Lending in Spain for residential property in terms of numbers of new Mortgages in Spain increased again in August. The average loan size fell from Julys € 119.6k to € 111.5k but remained above the same month of the previous year where average loan size was € 110.7k. The impact of the […]
Mortgages in Spain for American buyers
American buyers are active in Spain A rising number of Americans and North Americans are buying in Spain and applying for a Mortgage win Spain. Exactly why this is not clear but seems to have some link to the drop in prices particularly in the well sought after areas and the major Cities along with […]
Spanish mortgage activity for the month of July
July lending figures Julys mortgage in Spain data showed a slowdown from June 2017 but a large increase in activity from the same month of the previous year. The number of new Spanish loans signed for the purpose of residential property rose by 32.9% over last year but was down 15.8% on Junes figures. In […]
New lending facilities in Spain
Financially complex buyers For many years Banks in Spain have struggled to meet the needs of the financially complex mortgage applicants. This is particularly true for those who reside in countries where it is possible to have tax mitigation products which are not available in the Spanish system and therefore are not understood by the […]
Mortgage activity in Spain
June loan data in Spain Junes Spanish mortgage data continued in general, the move on from Mays reporting. Whilst the increases were not so high in June both numbers of and capital lent for the purpose of buying a home showed a year on year and month on month increase. Average loan amounts edged up […]
Loan levels in Spain recover in May 2017
Spanish Lending figures show improvement Mays Spanish mortgage figures made much better reading than those of April which had suggested a significant slowdown in new lending. Across the board residential lending rose both year on year and month on month. The number of new mortgages in Spain saw an increase of 37.1% above the figures […]
Is Life Cover the next Spanish Banks ticking time bomb
Background to compulsory loan products in Spain Over the last few years Spanish Banks have seen their Spanish mortgage margins being squeezed tightly. Vey low Euribor rates meaning clients expectations of rate to be paid for Mortgages in Spain , a switch from variable to fixed rates, and the cost of funds have all had […]
Mortgages in Spain monthly statistics
April Mortgages in Spain Aprils Mortgages in Spain completion figures showed a marked drop from both the same month of the previous year and the month of March 2016. In total the number of new loans constituted and registered at land registry within the month fell by 11.4% when compared with April of 2016. In […]