Spanish mortgages increased in March. Number of new loans in Spain at best level for last few months. Interest rates in Spain remain low and stable. Fixed rates are preferred choice of borrowers and Spanish Banks.
Latest News and updates
28May
Spanish Mortgage market rebounds in March
29Apr
February 2021 Spanish loan completions
Mortgages in Spain show an increase in February 2021 over January but remain down against last year. Spanish Banks still see a positive net inflow to their loan books. Andalucia drops purchase tax rates for purchases of homes to stimulate activity.
05Apr
Mortgages in Spain Jan 2021
Mortgages in Spain January 2021 show downturn due not second lockdown. Spanish Banks continue to see loan books increase due to lower redemption levels. Average loan size reduces.
24Mar
Remortgage in Spain
Find out about Re-mortgages in Spain. What is possible, how does the process work and what savings can be gained.
01Mar
Home loan levels in Spain for 2020
Spanish mortgages for the full year of 2020 were down on 2019 due to the impact of COVID but Capital lent held up reasonably well. Higher average loan sizes in Spain offset some of the downturn in numbers. Spanish Banks obtained benefit from lower redemption levels.
08Feb
Monthly loan activity Spain
Mortgages in Spain for the month of November showed a decline in numbers of completions but due to increases in average loan sizes capital lent is holding up relatively well.
26Jan
Time to arrange a Spanish Mortgage
Now is a good time to understand what Spanish Mortgage facilities are available for non residents. Northern European clients and applicants from EU, US, UK, Holland, Germany and Scandinavia can pre-approve a loan in Spain.
25Jan
October 2020 house loan data in Spain
COVID 19 and Brexit both play a part in depressing the Spanish home loan market. Annually capital lent is down on 2019 and unlikely to improve in last two months of 2020. October Spanish mortgage figures however show an improvement on previous months.
02Dec
September 2020 Home Loan data in Spain
Spanish mortgage data for September 2020 showed a large increase on August figures as delayed completions were signed at notary post COVID 19 restrictions being lifted.
28Oct
Spanish Mortgages take a hit August 2020
Spanish mortgage data for August 2020 shows a steep decline against 2018. Whilst the new loan numbers are not down significantly against the same month of last year 2019 was itself saw large decreases in due to the introduction of new regulation that delayed or reduced anticipated completions.
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Documents required
Spanish Banks require certain documents are presented in order for them to assess a mortgage. No self certified or minimum documentation loans are available. All Spanish Mortgages are full status.
Self Build loans Spain
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Dear Heather, Ravena and Cecilia
You have been more than helpful and should we find anything else that we feel suits our needs we would not hesitate to use your company again.
You have been an absolute star and I cannot thank you enough because we may have been pressured into paying a 3000 Euro deposit early on if it wasn’t for you and your valuable information.
Hopefully we will be successful at securing a property in Majorca in the near future and look forward to working with you again.
Kindest Regards and Highest Recommendations,
Catherine, Keith, Ray and Marie
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Latest updates on Spanish mortgages
