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 […]
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 […]
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 […]
