Browsing All Posts filed under »Mortgage & evicted persons«

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

January 28, 2013


(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


(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


(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


(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 […]