PEOPLE WHO have lost money buying a property off-plan in Spain – because the developer is insolvent, has disappeared or has not handed over the property – you should know that apart from the money lost, can claim against the banks involved for interest. The banks are also responsible for the interest; which could sometimes […]
Changes in Inheritance and Gift Tax for 2017
THE VALENCIA Community – the provinces of Alicante, Valencia and Castellon – has approved modifications affecting the Inheritance and Gift Tax. Almost every New Year, most regions – Spain’s autonomous communities, introduce some legal changes, affecting rules and laws. Valencia in 2017 is no exception. And the Law 13/2016, of 29th of December, has changed […]
ATTENTION: EVERYONE WITH A MORTGAGE IN SPAIN! How to get the costs back!
The Supreme Court of Spain in its Court Decision number 705/2015 of the 23rd December, already been confirmed by several courts, said that mortgage loan clauses obliging the customer to pay the costs – such as the notary, registration, and bank expenses – are abusive. This is because they are expenses that must be paid […]