Sunday 1 March 2020

December 2019 Spanish mortgages

December and year to date figures


December completions for Mortgages in Spain rose over November and against December of last year were significantly increased.

This is partly due to the backlog of applications after new Spanish regulation came out earlier in the year has started to get to completion.

Interest rates remain low


Interest rates remain low with variable rates down year on year and fixed rates only marginally increased.

Access to fixed rates for non euro earnings applicants continues to decrease.

Self build enquiries increase


A significant upturn is being experienced in enquiries for self build/ construction loans with lenders in Spain being a little more flexible on access to this type of mortgage product.

Read the full article:-Spanish home loans 2019 year to date