Data for month in July for Spanish Mortgage activity shows a further decline in business both over the previous month and year to date. Interest rates remain stable and fixed rates remain the majority choice of borrowers.
Category Archives: Mortgage services
Loans in Spain decline in July 2020
Spanish lending increases June 2020
Data on Spanish Mortgage activity for the month of June 2020. Details of how COVID 19 is affecting loan completions in Spain, impact on interest rates and year on year statistics.
New refinance product for Spain
Equity release for Spanish property A UK fund. Via a Private Bank has recently launched a new refinance product for the Spain. The product has been set up to fiill a gap in the market. Not covered by Spanish Banks. With more flexibility than some of the Private Banking options Already available in the market. Spanish Banks […]
Off plan purchase mortgage risk in Spain
Buying off plan. What are the off plan purchases mortgage risk in Spain. When buying off plan in Spain you are securing the right to buy at completion of the construction. The contract means that whilst you have the right to buy and will pay staged payments to the developer during the building phase as […]
May 2020 Spanish Loan figures
May 2020 loan numbers down on last year Data issued this month for Mortgages in Spain for May 2020 Spanish loan figures. Show a large decline against the same month of last year. However small increases in the situation over April. The data is a little surprising. Given the lockdown situation during April. As this […]
COVID 19 impacts on Spanish Mortgage levels
April 2020 Spanish loan data Covid 19 impacts on Spanish Mortgage levels. Aprils Spanish loan figures start to show the impact of the lockdown. Of numbers of new loans constituted in the Month. Mays figures will almost certainly be lower again. It will take a few months for good levels to return. On the positive […]
Lending in Spain feels lockdown affect
Mortgages in Spain decrease in month of March Lending in Spain feels lockdown impact. Spanish lending data for March published at the end of May started to show the affects of the lockdown. March completions will in general relate to activity in February so the drop is significant but as yet not a reflection of […]
Spanish loan levels up on last year
Spanish loan levels for February 2020 February Spanish Mortgage figures. As with Januarys, do not as yet reflect the impact of the shutdown in Spain. Februarys registered loans will mainly reflect completions from late December. Also throughout January. In total 36,050 new mortgages in Spain were registered at land registry. This is up 16.1% on […]
Major Spanish lender puts focus on remortgages
After many years of lack of interest in looking at re-mortgages one Spanish Bank during this difficult time due to Covid 19 has decided to put some focus on the potential clients it could attract.
Spanish loans calm before the Covid 19 storm
The numbers relate to Januarys Spanish loans registered at land registry so are likely to reflect signings from December well before anyone dreamed in three months Spain would be on a lockdown.