Category Archives: Mortgages & Euribor

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MORTGAGE NEWS: Interest rates fall in August, lending up in June

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

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MORTGAGE NEWS: Interest rates down in July, lending up in May

Mortgage base rates in the Eurozone dropped to another record low in July 2017, whilst the latest data shows new mortgage lending returned to growth._.

SPI article by
Mark Stücklin

Lower courts overwhelmed by mortgage floor clause claims

Photo credit: Images_of_Money / Foter.com / CC BY Lower courts in Spain have been overwhelmed by claims against banks for illegal floor clauses in mortgage._.

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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,._.

SPI article by
Mark Stücklin

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._.

SPI article by
Mark Stücklin