The Bank of Spain affirms that there are more facilities to access a mortgage

Published on February 15th 2018

He argues that in the last quarter of 2017 there has been more competition and better economic prospects

More optimism in the granting of loans and mortgages to families and stable situation for companies. This is the result of the Banking Loans Survey conducted by the Bank of Spain during the fourth quarter of 2017. The report concludes that "the criteria for approving loans in Spain relaxed somewhat in the financing segments to households, remaining stable in the society. " Companies are increasingly turning to wholesale markets for bonus to obtain financing in better conditions than those of banks.

The Bank of Spain, which attributes the greater ease of access to mortgage loans to "greater competition" among entities, to better economic prospects, particularly on the real estate market, as well as to the greater solvency of clients and, to a lesser extent, As a result, the greater confidence of consumers, the decrease in the general level of interest rates and the rise of debt restructuring operations. It also emphasizes that the percentage of rejected mortgages fell again in this period, although at a somewhat lower rate than in the previous three months.

In the Economic and Monetary Union (EMU) "they had a similar evolution, except in the case of loans intended for families for consumption and other purposes, in which they barely varied.The demand for credit of households increased moderately in both areas , while that of the companies grew in the eurozone and remained unchanged in Spain, "recalls the supervisor.


Source: El Pais

  • Barcelona

    93 293 19 07

    Paseo de Gracia 85, 2ª planta

  • Madrid

    91 800 54 66

    Serrano 43-45, 4ª planta

  • Valencia

    96 128 59 68

    Calle Mossen Femades 3, bajo dcha. Ed. Lauria

  • Palma

    97 100 32 03

    Calle Unió 9

We use our own and third-party cookies to make our website work safely and personalize its content. Likewise, we use cookies to measure and obtain data on your navigation and to adjust advertising to your tastes and preferences. Press the "Accept all" button to confirm that you have read and accepted the information presented. To manage or disable these cookies, click on "Configuration". For more information see our cookies policy.
Modify cookies
Technical and functional Always active
This website uses its own Cookies to collect information in order to improve our services. If you continue browsing, you accept their installation. The user has the possibility of configuring his browser, being able, if he so wishes, to prevent them from being installed on his hard drive, although he must bear in mind that such action may cause difficulties in navigating the website.
Analytics and personalization
They allow the monitoring and analysis of the behavior of the users of this website. The information collected through this type of cookies is used to measure the activity of the web for the elaboration of user navigation profiles in order to introduce improvements based on the analysis of the usage data made by the users of the service. They allow us to save the user's preference information to improve the quality of our services and to offer a better experience through recommended products.
Marketing and advertising
These cookies are used to store information about the preferences and personal choices of the user through the continuous observation of their browsing habits. Thanks to them, we can know the browsing habits on the website and display advertising related to the user's browsing profile.