In this episode of our ‘La Piedra’ podcast discussing the Spanish property world, Sean and Mark look at the latest figures from the Spanish mortgage market showing strong growth in borrowing last year, but a slowdown in the first few months of 2023.

After looking at the latest Spanish mortgage numbers and the cost of borrowing (more expensive, but still cheap by historical standards) the discussion turns to foreign borrowers using mortgages in Spain to finance principal and second-homes. Which nationalities are comfortable with debt and which ones are more likely to be cash buyers, plus a number of other points of interest to the foreign market. The conversation finishes with tips for foreign would-be-borrowers on how to go about getting a mortgage in Spain.