Posts Tagged ‘economy’

Negative Equity are you feeling the heat?

  EU Property Solutions are aware of many developments on the Costa Del Sol that are in Negative Equity or have issues In regard to selling property. The Spanish property market suffered severely following the global financial crisis of 2008 with property values dropping significantly. This has become a major issue for foreign investors who…

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Your Foreign Mortgage: What Happens If You Don’t Pay?

  If you don’t pay your mortgage overseas it is likely to have the same consequences as if you didn’t pay your mortgage in your home country. Some with mortgage debt in Europe hope that it will not follow them to the UK or Ireland. However, this is incorrect, and the foreign lender can legally…

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Spanish economy on the up, but what about the victims of the bust?

  With recent news reports claiming that the Spanish economy is expanding and rebalancing since the 2008 banking crisis the question of, what happened to those affected, comes to the fore. According to the Financial Times, the boom that preceded the bust ‘coincided with the arrival of millions of migrants from Latin America, eastern Europe…

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