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._.
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,._.
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._.
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.
The Bank of Spain warns in its latest financial stability report that legal action against Banks for abusive mortgage clauses is another risk factor.
Another month, another record low for Euribor, but new mortgage lending hit a wall in February, after seven consecutive months of strong growth.