The Reduction of Property Mortgages Granted by Banks – Spanish Property News

As of November 2012 two year month on month mortgage approval rates have more than halved. That is to say that in August 2010 more than 77,000 mortgages were approved, in August 2012 only 35,000 mortgages were granted. The halving of house sales over the two year period also coincides with an estimated 20-30% drop… Continue reading The Reduction of Property Mortgages Granted by Banks – Spanish Property News

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