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Brits applying for mortgages in Spain should not panic, but should be Brexit-ready, writes Tancrede de Pola
With the value of sterling plummeting to historic lows - even dipping below €1.10 in August - Brexit has the banks scared
The regions of Andalucia where the greatest falls have been recorded were in Cordoba, Sevilla and Malaga
Also known as the Housing Credit Law, it should greatly diversify what is on offer for homebuyers while providing better protections
Now imagine a foreign buyer who speaks no Spanish and a notary who speaks only Spanish and you have a deal-breaker
Although mortgage rates are no longer the cheapest in Europe, the market is still booming for expats looking to buy, The Finance Bureau's Tancrede de Pola
Shares in a number of Spanish banks, including Bankia and Sabadell, promptly tumbled at the prospect of massive retroactive legal claims
IT’S been exactly 10 years this month since the Lehman Brothers collapse in the US kickstarted the global economic crash which decimated Spain’s property...
EU Property Solutions are Specialist Debt Strategists who assist individuals with European Property Debt.The Spanish property market suffered severely following the global financial crisis...
PERHAPS you are struggling with mortgage repayments or maybe you have even missed one. It could be that the bank has begun with the...
MORTGAGE approval numbers are soaring.The latest figures show that this April alone there was a 34% increase in mortgage approvals in Spain, while the...
Lender is increasing the number of properties crew can mortgage to ten
AS Brits return home after a summer break on the Costa del Sol, the grey skies and memories of G&Ts on the beach make...
BUYING a property in Spain for non-residents can be difficult, but not impossible. Some Spanish banks may not lend money to people living abroad, whether...
For those who have paid deposits into developers’ bank accounts for homes never built, they should be refunded by the bank even if the developer is no longer trading
The abusive nature of these contractual clauses, which makes them void, stems from the description made by the Supreme Court
It is essential not to make the wrong decision
As the Euribor rate continues to plummet, consumer groups claim lenders should pay up on negative mortgage rates
Banks are preparing to appeal the decision
A Madrid judge ruled in favour of 15,000 mortgage holders who hold the controversial mortgages
European Commission tells banks to repay customers’ hit by so-called floor clauses in their mortgage
Incredibly many banks are still refusing to remove the clauses
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