Spanish mortgage lenders offering alternatives to repossession

Article Date : 23 January 2009

Some mortgage lenders in Spain are starting to offer clients struggling to pay the mortgage an alternative to repossession, reports the Spanish daily ‘El Pais’. Solutions include converting to renting with an option to buy, or mortgage holidays that defer payments to a later date. The article describes the experience of Salvador Aguado, who lost his job...

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El Pais, Spain

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Spanish mortgage lenders offering alternatives to repossession

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