Finance and Property News
The Mortgage Helpline International Group
Spain still number one for international buyers
Spain is still number one for international buyers, reveals TheMoveChannel.com’s latest Top of the Props index. Spanish property accounted for 1 in 10 of all enquiries on the portal in April 2017, stealing back the top spot from the USA. This is the second time that...
UK house prices dip in march
2017 is off to a steady start for UK house prices, according to Nationwide’s latest index. Property values edged up 0.2 per cent in January 2017, the lender’s research reveals, taking prices to 4.3 per cent above a year ago – only slightly beow the 4.5 per cent...
Spanish property enjoys best January in four years
Spanish property has enjoyed its best January in four years, with sales jumping 19 per cent. Spain’s real estate market has been steadily recovering for some time, with prices now beginning to rise in popular tourist areas and major cities. A major driver in that...
Strong demand fuels Portuguese price growth
Strong demand continues to fuel price growth in Portugal’s property market. The latest RICS/Ci Portuguese Housing Market Survey shows that transaction volumes continue to pick up at a solid pace, with estate agents reporting a “strong increase” in new buyers enquiries...
Spanish property interest hits three-year high
Interest in Spanish property surged to a three-year high at the start of 2017, reveals TheMoveChannel.com’s latest Hotspots Index. The report, which charts the most searched-for locations on the international property portal, saw Malaga soar to first place in Q1 2017...
Sharp rise in new mortgages hints at Spanish housing market recovery
NEW mortgages signed for went up by nearly 17% in January this year – a healthy sign of the housing market beginning to recover. The average mortgage taken out, according to January's figures – the latest on record as yet – was over a 23-year period, for a total loan...
Rental prices shoot up in Spain’s cities
Rental prices in major cities such as Valencia, Palma de Mallorca, Madrid, Barcelona and San Sebastián have risen between 10 and 20% in the last year. Part of this is because of a new surge in tourism apartments – in fact, in Barcelona, it is harder to find a hotel...
Spanish house prices up for ninth quarter in a row
House prices climbed 3.9 per cent year-on-year in the second quarter of 2016,according to the National Statistics Institute, slower than the 6.3 per cent growth recorded in the first quarter. New homes saw prices rise 8.4 per cent, while existing homes saw prices rose...
Spanish mortgage lending surges, as Euribor stays at unprecedented low
Spanish mortgage lending continued to surge this summer, as the Euribor remains at an unprecedented low.The number of new mortgages signed in the Property Register in June 2016 jumped 15.5 per cent year-on-year, according to the National Institute of Statistics....
Euribor rate negative for eight months in a row
Euribor rates have stayed negative for the eighth month in a row this September.The 12-month Euribor, which is the rate used to calculate most mortgage repayment values in Spain, France and other European countries, hit a record low, falling from -0.048 in August to...