Ricky Bean
Articles in Spain by Ricky Bean
EU tells Spain to ban mortgages with “abusive” contracts
The EU is threatening Spain with action unless it improves protection for the public when taking out a mortgage with a Spanish bank. In a formal notice sent out last week, the European Commission said it “is requesting Spain to bring its national laws on civil procedure regulating mortgage enforcement and payment orders in line with EU consumer law… to ensure that consumers are fully protected against unfair contract terms.” The Commission says that Spain has two months to reply to the notice.
How Catalans celebrate Lovers’ Day
Did you know that the Patron Saint of England is also the patron saint of Catalonia? He is also the saint for other countries, such as Malta, Portugal, Georgia and Romania. It seems that he is celebrated in one way or another everywhere except in England. Could that be due to King Henry VIII, who was excommunicated from the Catholic Church and became the Defender of the Faith of the Anglican Church? I don’t know, but it seems a shame that there are no special festivities on his day.
April property market update
Latest reports suggest that the current demand for housing in Spain will continue rising by around 10% throughout 2016, stimulating further growth in house prices throughout the year.