100% banks development discounted finance mortgage off-plan price properties property spain spanish valuation 
Anybody who has recently tried to obtain a mortgage, either a mortgage in Spain, or a mortgage in their home country, will tell you that it´s not the easiest of processes anymore.
During the peak of the Spanish property market, lenders were falling over themselves with offers of easy and cheap credit to overseas buyers. The banks were so hungry for business in a rising property market, that they were prepared to base their levels of lending on the property valuation, rather than the property price. Any market is based on greed and fear, and if we are now in the midst of fearful economic times, then it´s certainly true that at the market´s peak, greed was the overriding factor. Continue reading »
cost of living food prices markets offers price savings shopping spain I think that all of us have noticed how the price of the weekly shopping bill in Spain has increased over the past year. Like a lot of families we are looking into how we could cut back.
Food prices in Spain have increased between five and 48 per cent.
The price of flour has risen by 28.29 per cent and that has a knock-on effect on bread which has increased by around 10-15 per cent. Sunflower oil has increased by a whopping 40 per cent (this is due to its scarcity – last year there was a contamination incident and production had to be stopped). Lemons have increased by around 50 per cent (this is due to a glut last year and a smaller crop this year). Milk has increased by around 14 per cent and yoghurt by around 12 per cent. Butter, sardines and tomatoes have risen by roughly 15 per cent.
