The 12-month Euribor ends August with a new decline. Specifically, it recorded a monthly average of -0.498%. This is the third lowest figure in the historical series, only surpassed by January and February of this year, and will reduce thousands of mortgage repayments. From this autumn, mortgages awaiting the annual review of mortgage loans for […]
Compared to previous years, the price of electricity in 2021 will change, so its cost will be slightly revised. These new versions were scheduled to be launched in November 2020, but due to the crisis caused by the coronavirus, they will be postponed until 1 April this year. This new electricity bill will not have […]
Another very interesting ruling is given by the European High Court on 16 July 2020. In the judgment with joined cases C-224/19, C-259/19, it rules on the payment of mortgage costs (derived from the formalization of mortgage loans, such as notary, registration, agency, appraisal and taxes) arising from the declaration as abusive of a clause […]
The government has decided to extend the package of social measures it has already decreed in the midst of the coronavirus scare. These include extending the deadlines for applying for a moratorium on the payment of mortgages and rent to large landowners until the end of September. In addition, rental contracts that have expired during […]
When we decide to buy a property, the mortgage becomes an essential procedure in most cases. For which at least, we must have 20% of the capital saved, as mortgage lenders do not reach more than 90% of the appraisal value. One of the most important variables to determine the price of the mortgage of […]
[vc_row][vc_column][vc_column_text]There is no denying that the southern coast of Spain is one of the most popular places when it comes to people looking for property. Whether it’s buying for investment or living more permanently, Spain is still the first choice for many Europeans, and the coast even more so. However, that’s not to say that […]
These are some of the main measures contained in the real estate credit law, which Congress approved this Thursday. From the moment the law is effective, so will be the mortgage contracts. Entry into force. By an amendment of Citizens approved this Thursday by Congress, the new real estate credit law will enter into force […]
Mortgages have once again become the star product of banks. With a property market in full growth, and a climate of pseudo euphoria, the financial sector has wanted to bring the water to their mill and improve their offers. Since 2011, in the midst of the crisis, the new owners who needed mortgages, given the […]
The bank must assume the cost of the registered cancellation of the mortgage. This was established in a recent ruling by the Bizkaia Provincial Court (click here to read the original text), which condemned Kutxabank to repay the full amount of the disbursement made by the mortgaged clients to cancel the mortgage that had been […]
