banks, required to provide mortgages
Despite the decline in housing prices , the high levels reached and policy of rate rises imposed by the European Central Bank (ECB) since December 2005 have, in view of Encinar, "alarm bells ringing" due to high debt reached between the families, an issue that already has warned the Bank of Spain. According to some market players, banks in this situation will play a key role in facilitating the financing of real estate families.
In this sense, from Knight Frank notes that at recent trends such as replacement housing (change of a property by another for reasons of space, security, etc), which can bring problems to reconcile mortgages, or the immigrant population's access to home ownership, banks will have to design more flexible and develop more "creative bank." From Idealista.com ensures that "banks do not want a housing stock and therefore renegotiate the mortgages, increasing the time, and try to find more imaginative ways." However, the president of the management of the promoters said that funding problems are not widespread among English households, as in the case of second home buyers, who confirmed as a form increasingly common, they can respond to most pressure on land from capital gains after selling the old house. Chicote said that "investor familiar with surplus money is likely to take the hit." From Tasamadrid, it was asserted on the same line, there is no reason for concern for banks because "there is some margin of time."
In this sense, from Knight Frank notes that at recent trends such as replacement housing (change of a property by another for reasons of space, security, etc), which can bring problems to reconcile mortgages, or the immigrant population's access to home ownership, banks will have to design more flexible and develop more "creative bank." From Idealista.com ensures that "banks do not want a housing stock and therefore renegotiate the mortgages, increasing the time, and try to find more imaginative ways." However, the president of the management of the promoters said that funding problems are not widespread among English households, as in the case of second home buyers, who confirmed as a form increasingly common, they can respond to most pressure on land from capital gains after selling the old house. Chicote said that "investor familiar with surplus money is likely to take the hit." From Tasamadrid, it was asserted on the same line, there is no reason for concern for banks because "there is some margin of time."
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