Category Archives: Mortgage services

Spanish Mortgage lending news in March Data issued today by the statistical office in Spain show that Spanish mortgage completions continue to rise year on year. The data is taken from registered loans within the month of March and this means that in terms of overall activity the information is a few weeks behind what is actually […]

Can you obtain a Spanish approval in principle Spanish Banks like most lenders are able to provide a potential buyer with a loan approval subject then to valuation of a specific property. Most Spanish Banks will provide this without a requirement for a property to be valued and Banks that will only fiscally approve an […]

Mortgage data issued today showed a mixed bag of results Whilst the number of Spanish loans and capital lent for homes appears to be gathering momentum, total lending showed a decrease year on year.With capital being lent for the purchase of residential dwellings up annually by 37.1% the drop of 0.6% of total capital lent […]

Spanish Banks and their approach to transparency Over the years of arranging mortgages in Spain one develops an understanding of the behaviors of each Bank offering mortgages and the efficiency of their processes. Some Spanish Banks offer good headline rates and make it difficult to justify not recommending them but good rates are only part of the […]

Spanish lending whats new Last week saw the launch of Hola Bank a division of Caixa bank set up to meet the needs of overseas clients. Branches in the Spanish coastal areas and Barcelona have been selected to be rebranded as Hola. The mission of the new network is to capture 25% of the nonresident mortgage […]

Total mortgages completed in Spain for dwellings in January were 20,913 up 20% on the same month of the previous year. Key Data The average loan size in Spain stood at € 105.792 an increase of 4.3% when compared to the same month of the previous year. At present there is no obvious trend that […]

Data published today for new loans constituted in December 2014 have shown another consecutive month of year on year increases. Lending for homes Loans registered at Land registry in Spain for the month of December showed an increase in capital lent, numbers of loans and an increase in average loan size. 15,962 loans were granted a 28.9% […]

Spanish home loans Since 2014 Spanish Banks have been back in the game of credit. This process has gathered steam during the latter part of 2014 and into 2015. Rather than looking at their product portfolio as a total and deciding on pricing matched to criteria and offering a range of products flexible enough to […]

Spanish Mortgage Overview Mortgage figures released today by the statistical office in Spain have shown a healthy year on year increase in numbers of loans granted and completed of 14.2% when considering residential dwellings. The number of new loans for the purchase of a home in Spain reached 15,900. The average loan size dropped by […]

What happened in 2014 The Spanish mortgage market moved forward in 2014. From a prolonged period of stagnation with most lenders looking to reduce their overall mortgage books finally in 2014 the trend was reversed. Spanish banks launched a new product with improved terms and conditions, also introduced loan budgets and targets for the first time […]