Getting quick personal loans online is getting easier

The data of the last study of the Bank of Spain affirm that the criteria of granting credits have been smoothed around 5% in our country. This has been facilitated by the competition that private equity firms have exercised over traditional banking and accompanied by the greater solvency of Spanish households that seem to have left behind the 2008 crisis. With this relaxation of the concession criteria, Spain it is above the European average in terms of the ease of getting personal loans online to finance our projects.

Personal loans online are now a matter of hours

The continuous evolution of personal loans has helped to increase the speed of application and grant. The possibility of making requests online has eliminated queues in banks. In addition, quick personal loans will grant us the money very quickly in less than 48 hours. 

Loan Max. Cost Advantage I’m interested
Cetelem Personal Loan Between € 3,000 and € 50,000 From 5.95% TIN (6.12% APR)
  • Money in an account in 48 hours
  • Without changing bank
  • Without links or commissions
Apply for
ING Orange Loan Between € 6,000 and € 60,000 From 5.95% TIN (6.11% APR)
  • Fast answer
  • Without changing bank
  • No commissions or linked products
Apply for
Cofidis Project Credit Between € 4,000 and € 15,000 From a 4.95% TIN (5.07% APR)
  • Money in 24 hours after approval
  • Without changing bank
  • No commissions or links
Apply for

In addition to speed, the option of getting a quick cash injection has also become more comfortable. With the possibility of making the request 100% online, these credits save us paperwork and inconveniences like moving to an office. Also, we can initiate the application for these loans at any time of the day, including weekends, thanks to their online platforms.

The amounts of personal loans have also become more flexible

In the Bank of Spain survey, an increase in the average of the amounts granted by the lenders is also reflected. This increase has been defined at 5%, while in the European Union this amount has remained stable. Similarly, it is expected that we can get more money in the next year, given the trend of these financial products.

The competition exerted by private equity lenders has made banks feel that pressure, says the BDE. Thus, the supply of consumer credit for families has been improved both in terms of flexibility and in the amount of money granted.

Although getting online loans are becoming easier if we still find it difficult to get a loan or we do not know which lender we should use to get an offer that best suits our profile, this free practice guide will help us solve all these doubts.

'Vulture' funds and mortgages: risks and opportunities

Spanish entities that sell mortgage portfolios have increased to ‘vulture’ funds, which has triggered interest in the possibilities that mortgages have to exercise the right of withdrawal and settle their mortgage at a much lower value

Image result for spanish entities

Vulture funds are very fashionable lately. They are nothing more than venture capital funds that, for speculative purposes, invest in public debt of companies or states that are weak, in which there is predictability of financial recovery, which means a hopeful horizon of future profitability. After its start in the United States in 2008, with the subprime mortgage crisis , they have been making their way into the real estate market, also in Spanish, in search of new investment opportunities.

One of the purposes of these opportunistic funds is to buy mortgage loans on real estate, for low value, to banks, with large discounts on their value (between 20% and 50% of their nominal value), becoming They are the new creditors of the aforementioned loans. And then, what happens with the mortgaged?

Given the credit, it is advisable to proceed to the notification that this transfer operation has been carried out in order to avoid possible problems, since the debtor could make the payment of his debt to the bank instead of to his new creditor, the investment fund, which, according to our right, the debtor would be released from its obligation to pay, and the investment fund would not see its credit properly satisfied.

For its part, the debtor may settle and extinguish his debt by paying the new creditor an amount lower than originally owed, but equal to the amount paid by the vulture fund , plus the costs that would have been incurred and interest on the price from the day that the litigious credit was satisfied, and this under the right of retraction that article 1535 of the Spanish Civil Code postulates. However, in order for this benefit that the Law grants to the debtor to be operative, it is an indispensable requirement that we find ourselves before a litigious credit . That is, that debtor and creditor are in court in the courts for the credit in question, with opposition made by the debtor. The second requirement is to do it in the appropriate term, which the law establishes in a scant nine calendar days since the new creditor claims the debt.

A litigious credit is one that, having been judicially claimed the declaration of its existence and enforceability by its owner, is contradicted or denied by the defendant. The character of “litigious” is lost as soon as the sentence that declared its certainty and enforceability is firm, or as soon as the process ceases in some other way, as is, for example, the transaction between the parties.

A credit, according to some courts, may be considered “litigious” from the date of settlement to answer the claim.

Notwithstanding the above, not all credits that meet the above requirements will be considered “litigious”. In this sense, our Civil Code exempts from these assumptions the assignment or sales made to the co-heir or co-owner of the assigned right, to the creditors in payment of their credit, and to the possessor of the property subject to the litigious right that is transferred.

Consequently, the possibilities that the mortgaged one has to benefit from a sale of portfolios to a “vulture” fund and settle its mortgage debt at a lower value than the one that contracted it are really small.

The truth is that in the current context of financial crisis has increased exponentially the number of Spanish banks that decide to sell portfolios of mortgage-backed loans to these investment funds and these have burst with entrepreneurial impetus in search of attractive leaks in the credits of banks that in turn need to get rid of them given the difficulty of charging that lurks. The benefit that the banking entity obtains through this type of operations are the provisions derived from the sale of the portfolio of assets, while the investment funds, for their part, buy those toxic assets for low prices with a logical profit motive. , hoping to obtain high profitability.

In short, investment funds in litigious loan portfolios are configured as a financing vehicle for banks, and favor economic growth, but at the same time that the debtor is in danger of being released from its debt by paying an amount minor, coinciding with the price at which the litigious asset in question was sold, plus the costs and interests, under the aforementioned legal umbrella.

life insurance

What effects does the current low-interest phase have?

In the case of endowment life insurance, insured persons generally pay a monthly contribution and later receive the savings portion plus interest. With classic life insurance , a certain interest rate is guaranteed . This may not exceed the legally stipulated maximum interest rate and is also known as the guaranteed interest rate. In addition to the guaranteed rate of return, the provider also invests the insured in surpluses, which increases the return. However, these bonuses are not guaranteed and depend on the economic success of the insurer.

Due to the situation on the financial markets, the guaranteed interest rate has been repeatedly reduced in recent years. Currently, it is 0.9 percent (as of 2017). Since the providers are allowed to invest the capital of the insured with the classical variant only very surely, also the surpluses on average decreased. For these reasons, the classic variant has lost much of its appeal. Some insurers do not even offer them anymore.

Alternatively, there is the unit-linked life insurance. This offers higher return opportunities, but is also associated with a higher risk. If you are interested in a life insurance to protect the family and to build up capital, you should think carefully about which variant is best suited for your personal needs. An expert can explain the various advantages and disadvantages on the basis of his personal life situation and, where appropriate, recommend a suitable product.

Can one cancel the life insurance?

A life insurance can be terminated like any other insurance. However, any claims in the event of death or survival expire. In the case of capital-forming life insurance, insured persons have the right to have the insurer “buy back” their claims under the insurance contract . However, this repurchase value of the insurance is not only related to the amount of contributions paid so far.

Especially at the beginning of the insurance term, the contributions cover administrative costs and other fees. These can significantly reduce the surrender value compared to the previously paid premiums.

If you can not or do not want to pay contributions to life insurance at times, you do not have to cancel them immediately. It is often possible to agree with the insurer a deferral of the contributions, a contribution exemption or a payment from the surpluses . However, insured persons should bear in mind that this usually also shelves the insurance cover.

How is life insurance paid out?

How is life insurance paid out?

The life insurance is paid out to the insured at the end of the term in the form of a one-off payment. Many insurers then offer a conversion of the insurance into an immediate pension . This option is recommended if regular pension payments make more sense to the insured than a one-time, larger sum of money.



How are the payments from life insurance taxed?

How are the payments from life insurance taxed?

The benefits from a life insurance must be fully taxed for contracts from 2005 in the case of survival. That is, the revenue share is taxed at the personal tax rate, which is based on income.

However, only half of capital-forming life insurance is taxed if the insured person is at least 62 years old (since 2012) when the benefits are used and the contract has a minimum term of twelve years. If the benefits of the insurance are used earlier, the payment must be fully taxed.

Savings tip: Old contracts partly completely tax-free

Life insurance policies, which were concluded before 2005, are completely tax-exempt under certain conditions. For this, the benefit must be paid once, the contract has a minimum term of twelve years and the insured paid at least five years contributions.

Which is the right life insurance?

Which is the right life insurance?

The offer of life insurance is diverse. Interested parties can get a good overview of the available offers on the basis of various life insurance test winners. However, this is only for initial orientation, since the individual needs mostly differ from those of the test customers. It makes sense, therefore, to be supported in the search for a suitable insurance by an expert .


It is striking to contrast that although the problem of obesity had been guessing since

 documentary recently released in the United States that from obvious questions

while uncomfortable, poses a more than likely reality in which the food industry and administrations play a more than prominent role in the incidence of obesity and all its associated disorders . Its translation plays with the double meaning since Fed Up is used so much to indicate that one is fed up with food or eating so much, as to express that it is up to the … very ones in relation to a certain topic. And the theme of the documentary is obesity, its causes, its solutions and the actors involved.

Is there a relationship between the diameter of our waists, in continuous expansion, and the dietary recommendations of the health administrations ?; What if the approach to end obesity was clearly wrong? Are the proposed solutions true solutions? And if those “solutions”, in the end, only manage to aggravate the problem? What is clear, of course, is that the solutions proposed to date have coincided with an increase in obesity figures, rather than in their regression.

 the middle of the last century, it has been since the end of the decade of the 70s when its progression has taken a quantitative leap , upward, important. Precisely when the health administrations have been put to work “seriously” making recommendations in one way or another. And it has done so under unprecedented pressure from the food industry , which, when it has seen its interests in jeopardy, has tightened as it only knows how to make these recommendations and the way they are carried out as comfortable as possible. in attention to their “values”.

I am not of those who hold the view that the food industry produces a range of foods for sick people … However, their interests, “the why” the results (no doubt to improve its balance sheet accounts) includes the At the same time a serious impairment in the health of consumers . He does this by starting with the same design of his products, with his packaging, with the promotional gifts, with his constant bombardment of an unhealthy advertising, with his pressure groups, with his omnipresent presence in almost no matter what environment and thus, in short , giving rise to create an obesogenic environment that, for many people, it is frankly difficult to escape.

I find it difficult to find a criticizable aspect in this documentary.

Despite its long duration, more than an hour and a half, all the issues it addresses are of significant importance and touch them sublimely, providing the most compelling arguments and counting on the most expert opinions . Beginning at the beginning when openly questioning whether it is honest to individually blame people who suffer from obesity. An explanation that comes to the food industry very well.

In this way, to argue that all you have to do is tell people to eat less and to exercise more results in the realization of a serious problem of perspective . I say lack of perspective because this is what has been said through the “official” recommendations for almost half a century … and the global problem more than to be stopped, or at least contained, continues to increase. With this approach lies, without any doubt, the fault in the person involved . I will not say that people, individually, are not involved; but of course, collectively, it looks like there is some general reason that hinders or prevents those people from reaching the goals through the proposed solution. With sincerity, given the magnitude of the problem, I believe that we can not rest everything, not even most of the causes of the problem, on individual responsibility.

I liked it so much that, seeing it, it took me almost four hours to stop and take notes or look for more information on the web about the topics it addresses and the data it provides. In fact, there are few topics, if any, that have not already been addressed in this blog:

Starting with the absurd strategy of counting calories, the issue of empty calories , not to mention the unbridled presence of sugar in our environment (especially when it is camouflaged in “healthy” foods ), the impact of diabetes in our environment, the role of unhealthy advertising , the double game of the industry that we want to sell as healthy those foods with a worse nutritional profile , the curious partners of the health administration to cope, democratically speaking, with the problem of obesity (everywhere they cook beans), the weight of the economic cost of a healthy diet vs another less healthy diet , the importance of school menus , of nutritional and culinary education at home , of tying dogs with sausages and so on. The case, is that in addition the documentary counts on the participation of not few personalities and front-line experts who have a lot to say … and they say it, on this question.

In short it is a complete documentary that leaves the same ball on three different balconies at the same time : in the administrations, in the industry and in the citizens. It is clear that the circumstances invite us to think that the three actors involved are going to do very different things.

 the industry is unlikely to change its way of acting

 the industry is unlikely to change its way of acting

as it happened with the tobacco industry, they will continue to deny the greater since their future depends on their income and, to this day, with sincerity, I have already banished Any idea in my head that invites me to think that they will change in a positive way. For its part, it is expected that one day the administration will realize what it has in hand and what is coming as long as it continues to make the industry fat. So, while that day arrives, which I think it will, citizens are the ones who collectively have to tell the industry where they can put their products , campaigns, advertising and other private aid “for development.” It is the society that with a greater awareness and punishing at the point of sale to certain products, has to end up putting that industry in the place it deserves in virtue of the need of the population … buying more fresh products and less junk food , cooking more and leaving behind so many healthy declarations, reduced contents and enrichments in food. In short, leave ” nutritionism ” aside. If we want something to change we have to take the initiative and not wait for someone to change the circumstances for us .

I could tell you a lot more about some of the scandalous figures that are handled in the documentary or letting you know about the extortion and the sluggishness that the food industry, the different administrations and, for example, the WHO are carrying … but if it did Little would be left to see in a documentary that, despite what has been said, has very, very little conspiracy and a lot of reality . Suffice it to say that among the guests to lend their voice and image are former President Clinton, researchers from Harvard Medical School, numerous politicians from the United States, representatives of the FDA, head of the Public Health Service of the United States, Marion Nestlé … and so many others.

However, let me tell you that many other representatives of the industry were invited to participate in the documentary and did not agree . Those who refused to participate included companies such as: Coca Cola, Kellogg, Nestlé, Pepsi, the North American Beverage Association, Kraft, the Sugar Association, and so on. They will know why since the making of the documentary is, from my point of view, exquisite.

Finally, say that I leave below the link to the video that is currently posted on the YouTube channel with subtitles in Spanish. I certainly do not trust too much that I’m still hanging there for a long time as it looks like it’s against copyright. So you can see it as soon as possible and, better yet, you can already order a copy . I have already done.



The reciprocal and open hostility between Mariano Rajoy and the new Greek Prime Minister Alexis Tsipras is a certain novelty in Spanish foreign policy. This is not the first time that there has been friction between the countries of the Union, but since joining the EEC in 1986, successive Spanish governments have tried to maintain, out of doors, a very correct relationship with the other European partners. There was considerable tension with France and Germany during the second term of José María Aznar, regarding Iraq, but campaigns of overt hostility were always avoided. Containment. Formality. Despite the obvious ideological antagonism between Silvio Berlusconi and José Luis Rodríguez Zapatero there were no tears between the man who loved women in his harem of Sardinia and the man who pushed for new laws on the equality of the sexes. Since 1986, except perhaps the moment in which Aznar imagined himself as the leader of a second England, very close to the United States and distant from the Franco-German axis, Spain has tried to be a politically friendly country in the European Union

That tradition is breaking now. Rajoy and his cabinet have decided to openly confront the new Greek left government, with a triple objective. In the first place, it is intended to send a message of strong support to German economic orthodoxy, during the Spanish electoral cycle. Friendship with Angela Merkel. Pro-Berlin line, while François Hollande and Matteo Renzi treat Tsipras cordially, without facing common with him. French and Italians see in Athens a possible lever to pressure Germany in favor of a more lenient austerity policy. Faced with this strategy, Rajoy offers himself to Berlin as guardian of the dominant line. “Spain has done its homework, suffered and is now entering recovery time.” That is the argument of Madrid. A victory, even partial, of the Greek answer, could cause serious problems to Rajoy in the electoral arena.

Syriza has entered the political history of Spain.

It can be consolidated as a suggestive reference for all the disaffected and indignant. And it can be a symbol of a resounding failure, if the proud Greece ends up sinking the knee. Rajoy does not bet on an intermediate line, like French and Italians. The Spanish president offers himself to Berlin as a standard bearer of severity. Actively seconded by the ministers Luis de Guindos (Economy) and José Manuel García-Maragallo (Foreign Affairs), the bet is already decided. The battle with the new Greek government is part of the general strategy of the Popular Party in the face of a high-risk electoral cycle for the Spanish center-right.

Second objective: to discredit Podemos.

<br /><br />Second objective: to discredit Podemos.

Present the new left as a very dependent force of foreign interests. Money coming from Venezuela in the propulsion phase of the new party and friendship with some Greek leftists who do not want to return the credits, or who want to return them with other conditions and deadlines. Caricaturization of Podemos as a conditioned party from the outside. Claim of the ‘Gold of Athens’, recalling that legendary “Gold of Moscow” (the treasure of the Republic sent to the USSR to pay Soviet military aid). Old arguments with new format.

And finally, the feelings. The references of Minister García-Margallo to the pensions that could have been improved with the money lent to Greece are gimmicky. (Almost 26,000 million, broken down as follows: 6,659 million direct loans from the State and 19,600 million private financial operators, guaranteed by the Spanish State). 26,000 million euros is a lot of money. The argument is effective, but dangerous for government advertising, since it invites other calculations. It invites us to calculate, for example, how many pensions could have been improved with the public money allocated to clean up Bankia (22,244 million, of which only 4% had recovered this past summer), or CatalunyaCaixa (12,000 million, of which only 1,187 have been recovered following the sale of the entity to BBVA), as well as public aid to clean up other old savings banks in difficulty. There are calculations that are charged by the devil and it is the first time that from the Spanish governmental sphere explicitly invites the social grievance with another country of the Union. Work the feelings. Massaging patriotism, which also appeals We can at your large meetings. The Spanish neopatria.

AMPL The entrance of the PITMA group brings Racing closer to "viability" in the absence of the Government contributing the 4 million


It will be made with 30% of the shares through a loan of 1.2 million and will provide another 8.5 when the Government complies with the agreement

Racing Santander has signed an agreement with PITMA by which the Cantabrian business group will take 30% of the club’s shares through a loan of 1.2 million euros. The agreement also includes the co-management of the club’s advertising for 10 years and a loan of 8.5 million, which would cancel the debt with the Treasury and “ensure the viability” of Racing.

But these last two points are “conditioned” to the fulfillment by the Government of the commitment to contribute four million in four years through the purchase of advertising media of the Racing.

This was explained on Thursday by the president of the club, Manuel Higuera, in a press conference in which he wanted to convey to institutions and political parties, that for the viability of Racing to be “definitive”, and only lack of approval in the 2017 budgets of the necessary items to materialize the agreement and the awarding of the corresponding contracts.

“That the institutions and the parties understand that there are thousands of people pending of them for this,” Higuera stressed, adding that “we know that the Government is determined to carry it forward.”

The president of Racing has estimated that once approved the regional budget

The president of Racing has estimated that once approved the regional budget The procurement files in the different councils and public companies, eight in total, “can be delayed in the order of a month.” In this way, the club expects that in February the debt with Hacienda will be completely canceled.

Meanwhile, the “firm” loan of 1.2 million will provide the Racing with the “financial coverage” necessary to reach that point “without tensions of treasury”. In fact, Higuera has ensured that the payment of the first installment of the agreement of creditors, scheduled for December, is “guaranteed.”

The 1.2 million PITMA loan will be transformed into capital through a capital increase to be approved at the December shareholders meeting. The acquisition of 30% of the shares of the Racing will mean the departure of three current members of the council – “no one knows who” – and the entry of three representatives of PITMA: its owners, Alfredo Pérez and Pedro Ortíz, and Cristóbal Palacio, lawyer of the group.

This is a “substitution by coptation”

that will take place at the meeting in which the board of directors will approve the call for the shareholders’ meeting, expectedly on November 8. The advertising part of the agreement establishes the co-management of the club’s advertising rights with Alpe Creativa, a company of the PITMA group, for 10 years at a rate of 850,000 euros per year.

Higuera has stressed that the agreement with PITMA means, on the one hand, “the absolute professionalization of the economic-financial area” of the club, “something essential”; the entry into the shareholding of “one of the most important Cantabrian business groups”; and “eliminate uncertainty in the short and medium term.”

“The only thing I hope,” he said, “is for the investment to come out (to PITMA) profitable, not the following,” said Higuera, who pointed out that the “advertising campaign” of the Government “does not represent 30% of the that is going to invest in the Racing this business group “.

At the same time, he has defended that invest “in the best showcase of Cantabria, which is the Racing”, with the purchase of advertising media at the rate of one million euros per year for four years, recovering 4.5 million “the first day” , “it is an investment that in any other facet would not have nor discussion, but around the Racing and the policy the demagogies continue appearing”, it has lamented.

Debt with the Tax Agency

Debt with the Tax Agency

When asked by the media, the president of Racing has said that “it does not arise” as a possible scenario that the government does not fulfill its commitment. If that were the case, “we would return to the situation we are in, we would continue in absolute uncertainty and if Racing rises, it would have to resign because of the debt with the Tax Agency”, he said.

Also, Higuera has trusted that other groups in the region are encouraged to enter the Racing. In fact, the club hopes to expand the number of council members to 12 in December, to give access to other companies. “Nobody doubts that we are back, and that Racing, which is conjuncturally in 2ªB, will return to the first division and will regain its status as a great club that should never have lost,” he stressed.

Future university degrees should allow students to combine their studies with work

Future university degrees should allow students to combine their studies with work

Madrid. (EUROPA PRESS) .- The future official Bachelor’s and Master’s degrees must allow students to combine their studies with professional practice or work if they wish, as it appears among the ten requirements of the ‘Proposal for guidelines. for the preparation of undergraduate and Master’s degrees’ presented today by the Ministry of Education and Science (MEC) to the subcommissions of the University Coordination Council (CCU).
“Our approach is that study plans should provide that if a student wants to study part-time, they can do so without diminishing their efficiency and quality,” Miguel Ángel Quintanilla, Secretary of State for Universities and Research, summed up the press. adding that the guidelines have been designed also thinking that university education should cover “a spectrum of training offer throughout life and not only in a specific period.”
As explained by this ministerial responsible, it is that the curricula developed by the universities have to be organized to facilitate student mobility and not hinder the “temporary periodization” of the studies. In other words, students will be able to take their degree adapted to the European Higher Education Area (EHEA) part-time instead of full-time, move from university and do part of their training outside of Spain.

This text, presented today to the four presidents of the subcomisiones of the CCU for its study, emphasizes that a study plan presented by a University is a “contract with society”, since it has to offer students skills “of utility “with quality guarantees and not only respond to the interests of the university institution, Quintanilla stressed. In addition, he assessed that it will facilitate that the Spanish study plans serve as an “example” for the European context.
The draft of general guidelines also obliges universities to have their study plans specify first and foremost what competences a student should have when the training process ends, the performance objectives according to which in the future the University will be evaluated with respect to the quality of that curriculum and have a system that allows to review its correct functioning and improve those things that do not work well, among other issues.

The Ministry of Education has also provided in its text, which does not include the basic subjects of each of the five branches a “flexible” system for the incorporation of 60 credits of basic training in degrees by branches of knowledge, has established limits in some of the academic activities such as an end-of-career project or external internships in terms of duration, weight or load, or that the Master’s final project has between 10 and 25 percent of the total of their credits.

Description of the title, justification, objectives, admission of students, planning of teaching, academic staff, material resources and services, expected results, quality assurance system and implementation schedule are the guidelines designed by the Department that Mercedes Cabrera directs to give Official validity to a Bachelor’s or Master’s degree. The person in charge of certifying that a study plan of a University complies with these requirements will be the CCU itself so that the Executive may include it in the official titles registry.

2 Part degree

Image result for degree

The Degree will have two parts: T, which will be the knowledge most linked to its content, and T1, the proposal by the University and which must describe the content of the curriculum, while the Master will be ‘Master in T2 by the Universidad X ‘, whose name will be proposed by the institution itself and must refer to the content of the syllabus. The degrees will have 240 European credits between theoretical and practical training and those of Master’s degree between 60 and 120 credits, also with theoretical and practical education.

This draft phase will continue until the end of January, a period in which suggestions for a new meeting will be collected to close a document for analysis by the University Coordination Council, prolonging the debate until March. According to the Secretary of State for Universities, the four presidents of the subcommittees that received the proposal today called it “very interesting, important and useful” for having a “correct” approach.

However, these experts made some suggestions such as specifying the conditions of access to the Master or how the registration of future degrees will be, Quintanilla acknowledged. He also added that some demanded that the MEC present an initial proposal with the basic subjects of the different branches (Arts and Humanities, Sciences, Health Sciences, Social and Legal Sciences and Engineering and Architecture), as promised to do for January, since until now it had only fixed the procedure for the election of the same ones.

This proposal is a single document for all Bachelor and Master degrees, all branches and valid throughout the national territory. In this text, the Director General of Universities, Javier Vidal, said that more questions are included so that a university degree in adaptation to the Bologna Process is official, in addition to the number of subjects and their credits, as was done until now.

A block mortgaged by Sareb outrages government and opposition in Sant Feliu

A block mortgaged by Sareb outrages government and opposition in Sant Feliu

At number 43 of General Manso Street in Sant Feliu de Llobregat, there is a block of 56 houses whose construction was halfway with the bursting of the housing bubble. On the outside it is practically finished , it only needs to seal some windows. Even the non-residential areas of the building – an underground car park and a supermarket – are already full of activity.

However, no one lives in this block of flats. Only the columns are inside . Not even the walls that separate the floors have been made. There are no supplies or services either. It is completely empty . It is a half-finished work, accumulating dust since 2012. “Sometimes they come at night during the weekends to do parties and botellón”, relates a neighbor of the area.

And it is that a private developer started the project a decade ago, in 2008. But now six years ago he could not take over the mortgage credit he contracted with Caja Granada and then the financial institution disappeared like so many others during the banking crisis. Finally the mortgage ended up in the hands of the Asset Management Company from the Bank Restructuring, popularly known by its acronym Sareb or as bad bank .

It was then when the City Council of Sant Feliu de Llobregat began a long way to take over the ownership of the block, with the goal of allocating the floors to protected housing as property and, above all, rent. In fact, the consistory owns two houses from the beginning. “We want to make social floors,” says Housing Councilor Lídia Muñoz. But the negotiations with Sareb , which since the end of 2015 are being carried out by the Metropolitan Area of ​​Barcelona (AMB) that acts on behalf of the City Council, do not bear fruit .

“We doubled the price from one day to another,” denounces the City Council

“With the help of the AMB, we are ready to finish the works of the block and put the floors on the market to face the growing demand for affordable housing in Sant Feliu de Llobregat,” Muñoz continues. The local administrations are looking for a three-way agreement – owner, Sareb and AMB – but they can not.

“When we were about to close the acquisition of the building by the AMB for two million euros, we claimed four,” protests the mayor of Sant Feliu de Llobregat, Jordi San José. “Then they asked us for five,” he continues. ” They doubled the price of one day for the other without explanation, ” adds the housing councilor. “We want a fair, affordable price,” ditches the mayor.

La Sareb denies responsibility for the building

The negotiations are stuck but with the owner there is agreement, according to the City Council. A “small part of the floors would be given to him so that he could recover the investment” realized in the structure of the property, details the mayor of Sant Feliu.

However, Sareb denies that it has any responsibility in this case . Sources of this organism argue to La Vanguardia that they “are only the owners of the loan” and that the “power belongs to the owner”. “We can not do anything,” these sources resolve.

“This was exposed to the City Council at the time, during the contacts we have had”, insist from the Sareb. “We do not have the power to do or undo this particular building”, they say.

Indignation shared between City Hall and neighbors

Indignation shared between City Hall and neighbors

The issue has outraged the City of Sant Feliu de Llobregat. The municipal government and the opposition have unanimously approved a motion for Sareb to sell the empty farm once and for all . In the same sense, the plenary session of the AMB has been pronounced.

The neighbors do not understand the situation either. “The logical thing is that these floors are for people and not a lot of empty years,” says Jesus Tejada, who lives in the blocks next door. “It does not make sense,” he adds. At the same time, remember the commitment that this promotion would provide “parking spaces for the residents of the area” and that for now the promise has been “breached”.

 Lídia Muñoz, Councilor for Housing of the City Council of Sant Feliu 

&nbsp;L&iacute;dia Mu&ntilde;oz, Councilor for Housing of the City Council of Sant Feliu&nbsp;

“It’s outrageous about this block,” said another neighbor, Paco Romero, who was president of a neighborhood entity in the city for years and is now part of the Platform for Affected by Mortgages (PAH). “Sant Feliu needs social housing, we feel it in the PAH day by day, we have to recover this block of flats for the city,” he says.

“Last week I was talking to a neighbor on Barcelona Street who doubled the rental price when renewing a contract,” he explains. “You can go to the street,” criticizes Romero. The pressure on rental prices in the capital has been extended to the metropolitan area of ​​Barcelona as an expansive wave.

Metropolitan vision

Metropolitan vision

“We have to prioritize a public policy of metropolitan housing to create public patrimony,” reasons Jordi San José, who is in fact vice president of the Institut Metropolità de Promoció del Sòl i Gestió Patrimonial (IMPSOL), a body dependent on the AMB.

This mayor of ICV believes that it is impossible to find a solution to the problem of rent if each City Council makes war on its own. It is the same thesis held by the housing expert Carme Trilla, who has presided over the Metropolitan Housing Observatory since July, in a recent interview with La Vanguardia .

Protest in front of the property

Protest in front of the property

This Tuesday some fifty neighbors have attended an act of protest to put pressure on Sareb and find a solution to the case. It was held in the Plaza de la Solidaritat, with the controversial building just behind. It involved Lucía Martín, deputy in the Congress of Deputies by En Comú Podem. “As always, it is very difficult to govern with Sareb,” he said, at the same time claiming “a change of state law” to regulate the rent. The proposal, at the moment, seems to have little route.