The complicated economic situation caused by the outbreak of the pandemic has led to a rise in 2021 in both evictions of real estate such as foreclosuresaccording to the latest figures published by the General Council of the Judiciary (CGPJ), which specifies, yes, that its data does not only affect households, but also to any other type of real estate. Specific, the number of evictions carried out in the province of Malaga rose by 50.5% last year with a total of 2,017 cases, although it remains 33% below the pre-pandemic level, according to the General Council of the Judiciary (CGPJ).
Seven out of ten launches registered in 2021, specifically 1,499, were procedures derived from the Urban lease law (that is, they occurred due to non-payment of rent by a tenant), while 429 (20.2%) were the result of non-payment of the mortgage. Thus, those derived from non-payment of mortgages rose 83% and those caused by non-payment of rent rose 33.3%.
The figures for Malaga are in line with those registered at the national level, where evictions soared 40.6% in 2021 to 41,359a figure 40.6% higher than that of 2020 but 23.4% below that of 2019.
The volume of foreclosures also increased in 2021, which is the judicial process that is opened when there is a non-payment of mortgage payments and that can lead to a future eviction. In 2021, 1,107 were started, 38.9% more than in 2020 and 86% more than in 2019. In fact, you have to go back to 2017 to see a higher figure. In Spain, 27,874 foreclosures began in 2021, 36.2% more than in 2020. The highest number was in Catalonia, with 5,848; followed by Andalusia, with 5,703; Valencian Community, with 4,794; Madrid (2,523) and Murcia (1,675).
Yesterday it was also known, this time with the National Institute of Statistics (INE) as a source, that foreclosures on habitual residences, or repossessions of a property for sale, grew by 57.4% in 2021 in the interannual rate, reaching 11,947 , the highest rise since 2014 and the highest figure in more than five years. In 2021, 14,862 homes belonging to natural persons were seized, of which 2,915 were not the habitual residence of the owners, 38.6% more.
A ‘worrying’ trend
Adicae, the association of users of banks, savings banks and insurance, stated that the scenario marks a “worrying” trend despite the fact that the anti-eviction decree approved by the Government in March 2020 within the so-called “social shield”and which has been subject to different extensions, is limiting the data on launches.
This group thus considers the adoption of new extraordinary measures “urgent”. «Although limitations are established on the expulsion of the home (the release or eviction), the reality is that in recent years tens of thousands of families are facing the loss of their home in foreclosure processes in which, in addition, large amounts added as ‘perpetual debt’ once the launch occurs, “he said.
According to Adicae, the moratoriums approved in the pandemic “have not allowed the situation to be reversed, an element that endorses the need to address the root of the problem, not limiting itself to applying palliative measures.”
The association proposes before this delicate situation that it be implemented, through legal regulations, a mortgage moratorium of at least three years that prevents the start of new executions and paralyzes those already started.
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