Browsing All Posts filed under »Mortgage & evicted persons«

Ecuador takes Spain’s mortgage law to European Court of Human Rights

January 28, 2013

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(PUBLISHED IN EL PAÍS) Public defender calls on Strasbourg to alter Civil Procedure Law on evictions. Ecuador has presented a suit against Spain at the European Court of Human Rights over the Iberian nation’s eviction legislation. Ramiro Rivadeneira, the Ecuadorian public defender, on Tuesday morning told a press conference in Madrid that Spain was “violating […]

Dutch mortgage debt highest in eurozone at 111% of GDP

September 6, 2012

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(PUBLISHED IN DUTCH NEWS) The amount Dutch home owners owe on their mortgages reached almost €670bn by the end of last year, or 111% of the country’s gross domestic product, the national statistics office CBS said on Wednesday. This is the highest percentage of all the eurozone countries, the CBS said. At the same time, […]

New law ‘shuts door’ on squatters in England and Wales

August 31, 2012

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(PUBLISHED IN THE INDEPENDENT by Wesley Johnson) Squatters will face up to six months in prison and so-called squatters’ rights scrapped as it becomes a criminal offence in England and Wales tomorrow. Ministers said the move would shut the door on squatters once and for all and help protect hard-working homeowners. But campaigners warned that criminalising squatting […]

The Italians spend a third of their incomes to pay the mortgage

August 20, 2012

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(PUBLISHED IN LA REPPUBLICA) The burden of debt for the purchase of the house in Italy amounted to 318 million dollars. On average, about 13,000 euros per household, representing 30.9% of household disposable income. This represents almost a third of Italian families income goes to pay the fees. Un panorama dal doppio risvolto, dunque. Da […]