The number of new residential mortgages granted in Spain in April fell 42% year on year to 50,288, according to latest figures from National Institute of Statistics (INE). As elsewhere, Spanish property market runs on mortgage lending, so this dramatic fall in new lending speaks volumes about the weak state of the market. These figures [...]
When you decide to buy property abroad, it is important to consider a range of factors to ensure it’s the best decision you’ll ever make.
Hundreds of Britons living in Spain are fighting to save their homes after becoming involved in an alleged multi-million-pound fraud involving the collapsed Icelandic bank Landsbanki. Up to 600 expats were persuaded to raise money against the value of their properties to invest in a fund run by a subsidiary of Landsbanki.
Many raised hundreds of [...]
British expats living in some of the most sun-drenched retirement hotspots around Europe have been using EU law to make sure they get every penny of their UK benefits this winter. An article in the People newspaper this week has revealed that up to 14million pounds in winter fuel payments have been claimed by people [...]
