New EU rules threaten Spanish property market.
| The Comments |
New EU rules know as the Mortgage Credit Directive are going to make it very difficult for foreigners in future to buy property in Europe with a mortgage in Euros if their income is in Sterling. If applied in it's proposed form it will kill the second home market everywhere in Europe stone dead.
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/11542721/New-EU-rules-threaten-overseas-holiday-homes.html
_______________________
Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
0
Like
|
Surely it would not be allowed in its present form
Spain is trying to boost its economy, not kill it
0
Like
|
Number of posts in this thread:
2
DISCLAIMER: All opinions posted on these message boards are the opinion solely
of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants
or agents.
1 |