Monday 31 July 2023

Mortgage lenders in Spain

 Spanish Banks

Spanish Banks saw an upturn in mortgage business in May 2023.

Whilst above Aprils figures they are still a long way behind last years.

Fixed rates versus variable

Spanish mortgage borrowers may still find fixed rates the best option. Many new applicants are opting to contract the loan on fixed rate basis.

New Mortgage in Spain applications

On the non resident side the quality of new applicants is not good. This is at same time as Bank criterias tighten. 

Recent survey UK

A recent survey in UK showed home ownership abroad since Brexit has fallen significantly

Read the full article:-Spanish Mortgage Lenders 

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