The sector, however, does not enjoy good health. Up to August, sales of homes in Spain had chained 17 months of falls, but in September there were 25.985 operations, 0.9% more compared with the same month of 2011. A change of cycle not being, however,: is that in 2013 disappears the deduction for purchase of principal residence. Negotiation or refinancing you can defer mortgage payments to add to the outstanding loan amount or postpone until the end of the operation a percentage of the capital (BBVA has implemented it); also lengthen the payback period without that this generates interests; or grant credits bridge, at a more affordable cost, families in conditions of family insolvency, as proposed by Adicae. The Popular Bank claims that it has renegotiated a reasonable volume of mortgage loans, about 2,800, and other 1,200 in concept of novation in recent years. Dation in payment supposed to deliver housing to pay off the mortgage debt with the Bank when there is a consolidated arrears, but without recovering already amortized.

It is something negotiable, although it is not compulsory nor is provided for in the law; He also had a voluntary code of good practice s approved by the Government a few months ago. Banking is not the work, though entities such as Bankia have revealed that they have accepted the delivery of the House at 4,300 times between 2011 and 2012. The Ombudsman proposed that the dation in payment was accepted, for example, in cases of irresponsible granting of credit. In other legal systems, insists, is released from the debtor of responsibilities delivered once the House, but in Spain not; In addition, the user responds with all its present and future assets if there is still an outstanding debt with the Bank. When you opt for the embargo without admitting the dation in payment, families are still bearing mortgage debt after running out of House.