Dear Readers, In today’s article we would like to warn you of the lack of information or misinformation that some companies and professionals are giving those affected by mortgage floor rate interest clauses, mainly in relation to claims known as “no win no fee”, or “if you do not get paid, we will not charge […]
We occasionally receive enquiries from clients who have suffered wrong advice and even abuse from some of the professionals who have been involved in the buying or selling of their property in Spain, including the agents, consultants, and banks, etc. For this reason and to ensure the legality of the transaction, we understand that it […]
Although not as quite as clear cut in legal terms as normal consumer cases; companies, professionals and self-employed can apply for the nullity or non incorporation of floor interest clauses in their mortgage loans, just as “ordinary” consumers are able to. As most will know already, an interest floor or minimum interest clause, is that […]
