Multi-currency mortgages are another of the products marketed by banks in Spain which have ruined entire families. In this type of mortgage the Spanish bank instead of handing over the amount of the loan in Euros, does it in a foreign currency, usually in the currency of different countries like Switzerland (francs), Japan (yen), etc. […]
Beware mortgage floor rates and the bank calculations of the money to be paid back. RDL 1/2017
BORROWERS ARE successfully winning back money from banks after wrongfully being charged a mortgage floor rate but they must still be wary. Clients are being warned to be careful with the lender’s calculations of interest after the floor rates were ruled illegal under Law 1/2017. As we have report our clients, it is really difficult […]
Get your mortgage costs back ( notary, land registry, etc) even if you mortgage has been paid off.
Question: Dear Mr Baos, I have been reading with interest your articles about the legal action that everyone has in order to be able to claim back for all the costs paid at the time of signing for the mortgage with the bank, i.e.: the costs of the notary, land registry etc, for all the […]