Mortgages and rising interest rates – what can you do about it?
Tag Archive for mortgages
The Supreme Flip Flops
by Martin Myall •
No, it’s not about footwear but about the behaviour of the Supreme Court of the land’s behaviour over mortgage Stamp Duties.
Good News on Mortgages
by Martin Myall •
The Spanish Supreme Court has just reversed its own findings and sentenced that the banks should have paid the costs in a mortgage transaction.
The Other Bubble Trouble
by Martin Myall •
The housing-market bubble taught us that bricks are not always the safest investment, despite what our parents had drummed into us, but it’s not over.
Soaring Rental Prices
by Hugh MacArthur •
After getting over the building bubble, we seem to have moved onto the house-rent bubble, with rents increasing up to 12 times more than salaries.
The Government’s Questionable Priorities
by Martin Myall •
Spanish law governing the banking system, which hasn’t changed since the late 1800’s, gives the banks a very unjust leverage. Probably unique in Europe there is no Non-Recourse Debt on mortgages.
House Prices Continue to Fall
by Vivienne Hughes •
The average price of housings has fallen by 13.3% in the last year. Furthermore, in June the number of houses sold plunged by 26.9%.
Banks and Government Suggest…
by Martin Myall •
As the number of defaults grows on mortgages, the banking board suggests that more properties should be built and more mortgages granted for them. You can be forgiven for wanting to read that twice to make sure you have understood – don’t worry; you have.
Inexcusable Banking Behaviour
by Martin Myall •
You don’t have to be an expert on banking to know that Spanish banks have behaved irresponsibly, heartlessly and without scruples, and that just what the judges think.