Mortgage

Spanish mortgage floor clause claim

09/12/2018
Spanish mortgage floor clause claim

Recent rulings by European and Spanish courts mean that, if you’ve taken out a Spanish mortgage, you could be entitled to reclaim considerable amounts of money as a result of the abusive floor clause controversy. There are two basic areas in which payments may be reclaimed; mortgage constitution costs, and abusive floor clauses in mortgage contracts. ***** […]

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Foreclosure in Spain: Giving the property to the bank

26/04/2011
Foreclosure in Spain: Giving the property to the bank

Dación en Pago Following the financial crisis in 2007 and against a backdrop of mounting property foreclosures in Spain the courts saw  an increase in disputes where the owners of property were seeking to hand over their property to the bank to clear the mortgage they had taken out on the property. This is known […]

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