For this reason and ahead of massive claims, the Banco de España claims service requested to bank entities that reach agreements with their clients to offer the conversion of the growing or geometric mortgage to a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a conventional mortgage, with a Amortization based on the French system.

In Spain, approximately 93% of the Spanish mortgages were mortgages linked to variable interest rate loans, while the average in Europe is 53%. That returns the Spanish mortgage market particularly sensitive to changes in the Euribor, which derive from changes in the interest rates of the European Central Bank. Banco Santander estimates that mortgage loan formalized before 2002, it is 20% of those in 2008 in the market. For its part, it is Banco Bilbao Vizcaya Argentaria that has granted greater number of public protection mortgage loans to finance VPO housing, whose interest rates have been developed so far on the margin of the market.

In Spain, Euribor a year is the most used index to referenciate variable interest rate mortgage loans, and to a lesser extent the IPH has been used.

Although the IRPH and the Euribor are both legal and official indices, many citizens have submitted demand against the application of the IRPH in their mortgages, since this indicator is above the euribor with a remarkable difference, which leads to greater increase in the Mortgages referenced to this index.

In the mortgages at variable interest, the client must be aware of the evolution of the reference index, either IRPH or Euribor and it is advisable to use simulators or mortgage review calculators that allow us to anticipate the next change of fee after the new revision of the type of Interest to pay for the current mortgage loan.

In Germany, only the property of the buildings and the rights equipped with it, such as the case of surface right, is considered to be mortgaged. The mortgage on furniture goods continues without being admitted in German law, where the unique owner’s undivided equestrian mortgage or unique owner (Bruchteil Eines Grundstücks) is possible only in the case of co-ownership, or condominium in Indiviso, Differently to Spanish law, where it is possible to mortgage an undivided portion of a farm, even if it is a single owner.

The BGB provides different real rights of realization, not always accessories, and distinguishes, the territorial debt (load consisting simply on a certain sum of money that must be paid for the belonging of the farm), of the income debt, (As a subtype of territorial debt which is, as well as this, independent of personal credit: not accessory).

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