31/08/2015
The central statistics unit in Madrid published its latest bulletin regarding mortgage lending on Monday, revealing that the number of mortgage loans registered on property in June was 21,454, an increase of 26.3% 
on the same month in 2014. This continues the upward trend of the last few months and shows not only that more purchasers are seeking finance for real estate purchases from Spanish banks, but also that the banks are more willing to lend than in recent years.
At the same time, the average loan capital during the month was 103,626 euros, 4.2% more than in June 2014, and in the first six months of this year the number of mortgages registered has grown by 21.1% while the average loan capital has increased by 3.4%. This appears to indicate that more sales are being made and at slightly higher prices, a conclusion which would coincide with the data released on Monday by Spain’s property registrars.
The trend towards increased lending activity related to property purchases is now a consolidated one, with 13 successive year-on-year monthly increases having been reported, and the combination of more loans and larger loan capital means that the amount lent by banks increased by 31.7% in June and by 25.3% over the first half of this year.
In the Comunidad Valenciana the positive June year-on-year comparisons are not quite matched, but nonetheless the figures are positive. The 2,225 mortgages registered during the month carried a total loan capital of almost 176.6 million euros, meaning that while the number of loans rose by 20.7% the amount loaned climbed by 33.5%. By extrapolation it can be deduced from the provisional figures that the average loan capital in the region in June was 79,352 euros, 11.1% higher than twelve months previously.
In the province of Alicante the number of June mortgage registrations rose only slightly compared to last year from 817 to 830, but the average loan capital increased significantly from 68,288 euros to 82,323 euros.
All of these data show that during June bank lending in the Comunidad Valenciana gave a boost to the property market, leading to more sales at higher prices, and if this is the case then it coincides with the findings of the country’s property registrars for the first half of 2015, which were also published on Monday.
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