For many people, the acquisition of a home represents one of the most crucial goals in their lives. This action provides a significant sense of security. However, it is often necessary to apply for a bank mortgage to carry out this transaction. Although the bank charges interest, it may also have decided that we bear […]
The Organization of Consumers and Users (OCU) has expressed its concern about the Housing Act of 2023. Despite being enacted as legislation intended to regulate contractual relations between landlords and tenants for social benefit, the OCU considers that, as far as rental payments are concerned, it establishes measures that can be considered “discriminatory”. The OCU […]
Steps to be followed by foreigners to purchase a property in Spain Foreign citizens must follow a series of steps to complete the process of buying a property in Spain, from hiring an expert to obtaining a Foreigner Identification Number (NIE) and opening a bank account in Spanish territory. Engage a professional to provide assistance […]
On average, a single-family house generates almost 90% of its energy consumption by installing ten solar panels. Rising energy prices, combined with inflation and rate increases, have led many families to consider installing self-supply systems, such as solar panels, on their homes. Government incentives and regulatory changes have accelerated the energy transition in our country. […]
The Court of Justice of the European Union (CJEU) could annul approximately one million mortgages referenced to the IRPH index, which would imply the return of 25,000 million euros. This week is the last chance for more than one million Spanish households seeking to recover the money overcharged by banks for using the IRPH index […]
Subprime mortgages are declining: banks are becoming more cautious and demand from buyers with no savings is disappearing. Today, only 44% of homes are purchased through mortgages, and the average loan-to-value (LTV) ratio has fallen to levels similar to 2019. Mortgages exceeding 80% of the value of the property have reached historic lows. Rising interest […]
Con todo lo que se está hablando sobre la nueva ley aprobada hoy, y resulta que este gobierno, pasa por alto el informe preceptivo del Consejo General del Poder Judicial, en el que se subrayan las competencias autonómicas en materia de vivienda.
Opening Fee on Mortgage Loans: Analysis of the CJEU Ruling of March 2023 The origination fee for mortgage loans has been the subject of numerous judgments handed down by the Courts of Justice in recent years. However, different interpretations gave rise to an oscillating jurisprudence, which led to several preliminary rulings being referred to the […]
Fixed, mixed or variable mortgage: Which is the best option for you? Choosing the right mortgage to buy a house is an important decision. In this article, we will help you choose the best option by comparing between the different types of mortgages: fixed, variable and mixed, so you can see which of all of […]
La reciente modificación en la Ley de Impuestos que incluye nuevos gravámenes para la banca, energéticas y grandes fortunas, ha pasado desapercibida para muchos, pero su impacto en el sector inmobiliario podría ser significativo. Esta modificación en el Impuesto sobre el Patrimonio afecta directamente a los extranjeros no residentes que tengan inmuebles en España.
