Spain News

breath-testThe DGT traffic authority in Spain have announced an increase in alcohol spot checks in an attempt to crack down on the alarming increase in driving driving related deaths on Spanish roads.

Earlier this month, three more cyclists were killed and another 11 were badly injured after they were hit by drunk drivers.

As a result, the DGT (Dirección General de Tráfico) who are responsible for road safety in Spain, have announced that they will be taking a tougher stance on drink drivers and will be introducing an additional 130,000 alcohol and drug spot tests.

The checks will take place mainly on Saturday and Sunday mornings, the time when the majority of cyclists take to the country's roads.

Read more: DGT To Increase Roadside Alcohol Testing To Protect Cyclists

mortgage-agreementFirst time buyers who have struggled to purchase a home since the start of the financial crisis may finally be able to make some headway. The Spanish Ministry of Development has been drafting the State Housing Plan for the period 2018-2021. They have outlined 12 proposals in response to a public consultation and these will have an impact on national policy. One of the most ground-breaking of these is to offer relief for first-time buyers and struggling tenants.

Since the financial crisis began, banks across Europe have tightened up the criteria they use for mortgage-lending, and while housing has remained affordable in rural areas of Spain, first-time buyers have struggled to gain approval for a home loan. The maximum most people are offered is 80% of the house's value.

Read more: New Spanish Housing Plan Offers Relief For Buyers and Tenants

spain-constructionBritish Prime Minister, Theresa May triggered Article 50 on 29th March 2017. Faced with negotiations for Brexit spanning several years, there have been concerns of a knock-on effect on British purchases of Spanish property. Many Brits may well be feeling cautious now that the UK is preparing to withdraw from the EU, but among the trepidation there are a number of reasons to remain optimistic.

3 Reasons the Spanish Property Market Will Bounce Back

Reason #1 - Pound to Bounce Back After the Election?

In-spite of dire predictions, it seems the pound hasn't fared as badly as people feared. In fact, since Mrs May announced a snap general election on 8th June 2017, the pound has recovered a little and the exchange rate between the pound and the Euro has continued to strengthen.

Read more: Optimism Remains in the Spanish Property Market After Brexit

theresa-mayTheresa May, UK Prime Minister has announced plans to call a snap general election for 8th June 2017. She gave her reasons for doing, outside 10 Downing Street on Tuesday. She stated that while the Country is joining behind her, Westminster is not. She feels that a landslide victory now will ensure certainty and security for the years ahead as the UK tackles Brexit. A vote supporting the motion for an election was held in the House of Commons on Wednesday and was supported 522 to 13.

In spite of having a mandate for Brexit through the House of Commons, and the House of Lords, May accused the UK's other political parties of "game playing". May stated "We need a general election and we need one now. We have at this moment a one-off chance to get this done while the European Union agrees its negotiating position and before the detailed talks begin." In her statement on Tuesday, Mrs May claimed Labour were threatening to vote against the final Brexit agreement, and she was facing opposition from the Scottish National Party, the Lib Dems and "unelected" members of the House of Lords.

Read more: Long Term Expats To Lose Out On 8th Of June Election Vote