By continuing to use the site you agree to our Privacy & Cookies policy

donna smith

donna smith

Recent activity

Comments (1)

  • Comment on: Spanish property market slump continues

    donna smith's comment 4-Jul-2012 1:53 pm

    In the past foreign buyers getting into financial difficulties were quietly switched to interest-only mortgages which slashed monthly repayments for three to four years, he said. Spaniards who have got into difficulties have been allowed to stay in their home paying a rent rather than making mortgage payments. Developers, he said, that were technically bankrupt, were propped up so the banks did not have to own up to their bad debts.

The searchable digital buildings archive with drawings from more than 1,500 projects

AJ newsletters