Category Archives: Mortgages & Euribor

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euribor spanish mortgage june 2017
MORTGAGE NEWS: Euribor continues down in June, lending slumps in April

Mortgage base rates in the Eurozone dropped to another record low in June 2017, whilst the latest data shows new mortgage lending in April slumped._.

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Santiago de Compostela, Galicia
Court in Galicia awards partial refund for mortgage setup costs

Lower courts around Spain are reaching different conclusions regarding the proportion of setup costs that borrowers can reclaim from lenders. The latest ruling, from Galicia,._.

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spanish mortgage setup costs reclaim
First case of bank being forced to return all mortgage setup costs

A court in Seville has ordered a bank to return all mortgage setup costs for the first time, setting a precedent for others to claim._.

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MORTGAGE NEWS: Euribor down in May, lending jumps in March

Mortgage base rates in the Eurozone fell to another record low in May, whilst the latest data shows new mortgage lending jumped 20% in March.

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Bank profits at risk from rising mortgage claims

The Bank of Spain warns in its latest financial stability report that legal action against Banks for abusive mortgage clauses is another risk factor.

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euribor mortgage interest rate for spanish property purchase
MORTGAGE NEWS: Euribor down in April, surprise fall in new lending

Another month, another record low for Euribor, but new mortgage lending hit a wall in February, after seven consecutive months of strong growth.

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