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The mortgage market on housing starts in 2011 to recover assets in the province, according to data from mortgage constitution prepared by the National Institute of Statistics. During the first month of the new year to 431 formed in Albacete on housing mortgages, which means 12% more loans than recorded in January 2010. These mortgages are 46 431 more than recorded in that month, and in this case the capital for which they have subscribed exceeds 50 million euros. Last year this same month, the 385 registered housing mortgages represented a total capital of about 40 million euros, according to data from the INE statistics.
The mortgage business is growing at this start of the year, not only in what he has to do with residential property. In total, including all mortgages on urban properties and rural property, 663 mortgages were granted in January, 9.4% more than the same month of 2010.
These 663 mortgages were recorded with a capital of nearly 74 million euros, while a year ago the 606 mortgages granted in the province amounted to a total capital of 61.6 million, almost 13 less.

LESS SOLAR. Statistics compiled by the INE for this month said that what they considerably reduced the number of mortgage loans made on solar, with very few cases. In January 2010 accounted for 26 mortgages, with a capital of 5.2 million euros, whereas now, at the beginning of 2011, there were only four mortgages on solar, but with a proportionally larger capital, 1.9 million euros .
Both rustic and urban properties in Albacete, banks are institutions that bring together the largest number of mortgage loans with 332 registered banks in this last January, for the 211 who registered and formed in a savings account. In addition, there are another 120 mortgage loans made on urban and rustic estates that were signed in other financial institutions.

CANCELLATIONS AND CHANGES. Also in January there were changes in a number of other mortgage loans reflects changes that provisional statistics compiled by the INE. As foreclosures in the province 635 mortgages were canceled, eight of them on rural properties, 390 homes sovereign, and no information on solar. Regarding mortgages that had changes in their conditions, there were 315 cases in Albacete, although the vast majority of them the change was by novation, and there were only three cases of changes due to the subrogation of the debtor. Of these 315 mortgages that their conditions were modified in the last month computed by the National Institute of Statistics were 174 homes that belonged to the province.


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