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Demonstrators take to streets to protest against home seizures

Thousands march in support of changes to mortgage laws which allow for seizure of property and freeze on borrower's assets

Thousands of people marched through several of Spain's biggest cities on Sunday to protest against banks seizing the homes of borrowers unable to meet their mortgage repayments.

The marchers called for a change to Spanish mortgage law, which currently allows banks to not only reclaim property, but also to freeze borrowers' accounts and other assets until the full debt is paid.

Since 2007, more than 200 families a day have lost their homes. An organization representing borrowers in difficulty has staged a series of sit-ins aimed at preventing officials from carrying out evictions.

The organization is also calling for Spain to introduce walk-away mortgages, whereby those in debt can simply return the keys to the bank, thus canceling out their debt. The move has been blocked in parliament by both main parties.

More information
Citizens in Barcelona rally on doorsteps to stop evictions
Police stop protestors from impeding eviction
Anti-eviction gangs call debt into question
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