Loans in Spain see uplift
Spanish mortgage levels improved in Spain during the month of March.
With Spain opening up and more activity from visitors the summer months will hopefully see continued growth in loan numbers. Mortgages in Spain are benefiting from this.
Andalucia reduces purchase taxes
One region Andalucia has dropped purchase tax levels for the rest of the year to try and kick start the house buying market. This should feed through to increased lending.
Trips to Spain can now be booked
May potential borrowers can for the first time in months now consider booking a trip to Spain to look at properties.
Many buyers have pre-approved loans
Of those many are already pre-approved for loans having made applications earlier in the year.
Spanish Banks are keen to lend so activity levels rather than concerns over risk are what have held the market back the most.
Read the full article :- Spanish Mortgage market rebounds in March
