Latest News and updates

New construction loan is launched in Spain One of the lenders in Spain has recently launched a new construction or self build mortgage. As the recovery of the Spanish economy continues more and more buyers in Spain are looking at the option of buying land and building in Spain. Because the purchase of land slowed […]

January 2018 starts the year well for Mortgages in Spain. Home loan size averages rose back up from their low levels in December to € 122,000 after dipping down to € 115.6 the previous month. The number of new Spanish mortgages contracted for the purchase of a residence were also well up in the month. […]

Mortgages in Spain and Property purchase data The end of February saw data published on both Decembers loan and purchase information in Spain along with an overview of the total year. For the month of December the sale of dwellings increased by 9.2% on the same month of the previous year and finished the year […]

November Mortgages in Spain Data issued on the 30th January by the INE for Spanish loans saw a mixed bag of positive and negatives. Overall the amount of capital lent increased both year on year and month on month but the numbers of new Spanish loans contracted for the purchase of buying a home fell […]

Bridging Finance option Spain Bridging finance, equity release and re-finance in Spain has historically been very difficult to achieve and for non residents impossible. Providers where they did exist tended to be private investors offering very poor terms at very high risk to the borrower. From January this year a Pension fund owned company are […]

October mortgage in Spain data October, as is the normally the case, was a quieter month for new loan completions in Spain. Against Septembers registrations the number of new loans was down 15.9%, the capital lent down 18% and the average loan amount dropping by 2.4%. The amount of new loans constituted was 24,706 and […]

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 […]

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 […]

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 […]

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 […]