https://feeds.thelocal.com/ Read the latest news and views from Spain in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed If you’re thinking of buying a home in Spain this year or you’ve already taken out a loan, it’s important to find out what will happen to mortgages going forward, known as hipotecas in Spanish. https://www.thelocal.es/20260105/what-changes-are-in-store-for-mortgages-in-spain-in-2026 Mon, 05 Jan 2026 13:11:06 +0100 what-changes-are-in-store-for-mortgages-in-spain-in-2026 If you've finished paying off your mortgage in Spain, congratulations, but there's one official procedure you have to complete in order to not face problems in the future. https://www.thelocal.es/20250507/the-mistake-you-should-avoid-once-youve-paid-your-mortgage-in-spain Wed, 07 May 2025 13:14:18 +0200 the-mistake-you-should-avoid-once-youve-paid-your-mortgage-in-spain Donald Trump's new policies are causing chaos across the globe, and could even affect mortgage lending rates in Spain, making it more difficult to purchase a Spanish property in 2025. https://www.thelocal.es/20250407/what-impact-are-trumps-tariffs-having-on-mortgages-in-spain Mon, 07 Apr 2025 17:56:30 +0200 what-impact-are-trumps-tariffs-having-on-mortgages-in-spain Thinking about buying a property in Spain? Here are some very useful terms in Spanish you need to be familiar with to make sure you get the best conditions possible for an 'hipoteca'. https://www.thelocal.es/20250324/the-spanish-mortgage-vocabulary-you-need-to-know Mon, 24 Mar 2025 16:39:34 +0100 the-spanish-mortgage-vocabulary-you-need-to-know If you're considering buying a home in Spain and taking out a mortgage with a Spanish bank, there are numerous hidden fees you need to be aware of before you do. https://www.thelocal.es/20250227/the-hidden-costs-when-taking-out-a-mortgage-in-spain Thu, 27 Feb 2025 10:26:09 +0100 the-hidden-costs-when-taking-out-a-mortgage-in-spain After years of cripplingly high interest rates, experts foresee this will be the year when APR rates drop below 2 percent in Spain, as banks battle to get customers in a competitive climate where Spaniards have a now-or-never attitude to buying homes. https://www.thelocal.es/20250228/why-2025-looks-set-to-be-a-good-year-to-take-out-a-mortgage-in-spain Fri, 28 Feb 2025 11:21:54 +0100 why-2025-looks-set-to-be-a-good-year-to-take-out-a-mortgage-in-spain 90 percent mortgages are harder to come by these days, unless you know where to look. So if you don't have enough money for a down payment on a property in Spain, these are some of the options you should consider. https://www.thelocal.es/20241024/listed-the-mortgages-in-spain-that-offer-90-percent-financing Thu, 24 Oct 2024 13:59:49 +0200 listed-the-mortgages-in-spain-that-offer-90-percent-financing If you're thinking about buying a property in Spain and need a mortgage to be able to do so, it's important to remember that it's easier for some foreign nationals than others to get their loan approved. https://www.thelocal.es/20240808/which-foreigners-are-most-likely-to-have-mortgages-approved-in-spain Thu, 08 Aug 2024 13:03:06 +0200 which-foreigners-are-most-likely-to-have-mortgages-approved-in-spain After two years of eye-watering interest rates, 2024 promises to bring some relief for mortgage holders in Spain. https://www.thelocal.es/20240201/what-will-happen-to-mortgages-in-spain-in-2024 Thu, 01 Feb 2024 12:31:12 +0100 what-will-happen-to-mortgages-in-spain-in-2024 There’s not long left for people who bought a property in Spain before 2019 to claim back mortgage expenses from their bank, which can amount to €1,500. https://www.thelocal.es/20240119/deadline-looms-for-homeowners-in-spain-to-claim-back-mortgage-costs Fri, 19 Jan 2024 13:39:58 +0100 deadline-looms-for-homeowners-in-spain-to-claim-back-mortgage-costs Here's how people who bought a house in Spain before 2019 and were made to pay all the mortgage costs by their bank can now claim up to €1,500 back from them, but keep in mind the deadline is looming. https://www.thelocal.es/20240119/how-to-claim-back-mortgage-expenses-from-spanish-banks Fri, 19 Jan 2024 13:45:13 +0100 how-to-claim-back-mortgage-expenses-from-spanish-banks Spanish Prime Minister Pedro Sánchez has pledged to extend the government's mortgage relief scheme to include households with annual incomes of up to €37,800, promising to make it a priority if he is re-elected. https://www.thelocal.es/20230706/spains-pm-pledges-to-extend-e300-monthly-mortgage-relief-to-more-families Thu, 06 Jul 2023 12:37:08 +0200 spains-pm-pledges-to-extend-e300-monthly-mortgage-relief-to-more-families The Spanish government and the country's banks have agreed upon a set of measures to help protect more than one million low and mid-income families from rising variable mortgage rates. https://www.thelocal.es/20221122/how-spain-will-help-homeowners-with-rising-variable-mortgage-rates Tue, 22 Nov 2022 11:57:43 +0100 how-spain-will-help-homeowners-with-rising-variable-mortgage-rates The ECB's decision to raise interest rates in a bid to soften the blow of inflation will have negative consequences for some and a positive effect for others. Here's how it will affect those with loans, mortgages and savings in Spain. https://www.thelocal.es/20220728/how-will-rising-interest-rates-affect-my-life-in-spain Thu, 28 Jul 2022 16:02:55 +0200 how-will-rising-interest-rates-affect-my-life-in-spain The rise in the Euribor interest rate, used to calculate mortgage payments in Spain, is causing big changes in the mortgage rates. https://www.thelocal.es/20220520/what-the-euribor-rise-means-for-property-buyers-and-owners-in-spain Fri, 20 May 2022 14:59:45 +0200 what-the-euribor-rise-means-for-property-buyers-and-owners-in-spain Spain has approved an extension to a mortgage holiday for homeowners until the end of September and measures to protect tenants. https://www.thelocal.es/20200707/spain-extends-mortgage-holidas-for-homeowners Wed, 08 Jul 2020 01:12:33 +0200 spain-extends-mortgage-holidas-for-homeowners Spain's prime minister defied the Supreme Court in a rare move on Wednesday, stating that banks would now have to pay a mortgage tax instead of customers in opposition to what the highest court had ruled. https://www.thelocal.es/20181107/spanish-banks-will-now-have-to-pay-mortgage-tax-instead-of-buyer Wed, 07 Nov 2018 20:48:39 +0100 spanish-banks-will-now-have-to-pay-mortgage-tax-instead-of-buyer Madrid's modest football team Rayo Vallecano has comes good on its promise to take care of an 85-year-old woman who was evicted from her home with an exciting new charity initiative. https://www.thelocal.es/20141128/football-club-creates-row-zero-for-down-and-outs Fri, 28 Nov 2014 12:33:00 +0100 football-club-creates-row-zero-for-down-and-outs The number of new home mortgages in Spain was up 2 percent on a year ealier in March, the first such rise in 47 months, official figures released on Wednesday show. https://www.thelocal.es/20140529/sold-mortgages-rise-after-four-year-free-fall Thu, 29 May 2014 11:45:00 +0200 sold-mortgages-rise-after-four-year-free-fall The number of mortgages taken out in Spain fell for the 46th month in a row in February, a further sign that the country's dormant property market is still a long way from recovery, new figures released on Friday show. https://www.thelocal.es/20140425/spains-mortgage-numbers-drop-for-46 Fri, 25 Apr 2014 13:56:00 +0200 spains-mortgage-numbers-drop-for-46