Banks provide more affordable mortgages for their own repossessed homes to get them out as soon as possible: They allow you up to 40 years to pay, they apply differentials even slightly less than 1%, they grant personal loans and sell the apartments with discounts of up to 70% . Much harsher are the differentials that apply to the purchase of homes that are not in their 'stock'. The reason is that they are in a hurry to eliminate from their portfolios and balance sheets the number of Middle East Mobile Number List apartments that they have had to repossess during the crisis. Mortgages linked to other products The sources to which ECD has had access explain that more than one property agent, even when the sale of an apartment had already been agreed upon with the client, the client has backed out because the entity to which he had gone to negotiate the financing had offered him another house from his foreclosure portfolio with better conditions .
Most mortgages, in addition, are linked to other products of the entity , such as direct debit of payrolls, various receipts or contracting payment protection, home and life insurance. Banks defend their strategy Although in all cases they are more attractive products than those that exist on the market, the financial entities consulted by this newspaper remember that "the risk services are the ones that study each request and, where appropriate, certain conditions are offered " . As with interest rates, the granting of these loans “ is subject to the entity's risk criteria ,” they explain in one of the Spanish banks that has a large stock of properties. exp-player-logo see more The Government rules out protecting the right to abortion in the Constitution They also defend that it is “legitimate” that certain advantages be granted to individuals who decide to keep an apartment in the bank's portfolio as part of the strategy to sell their homes for sale.
