MANY people have or have had their mortgage loan in Spain linked to an interest rate different to Euribor (which is the most common rate). Until 2013 however, there were many loans known as IRPH DE BANCOS, or IRPH DE CAJAS DE AHORROS, which in reality were the average rate of mortgage loans for more […]
A NEW Law 5/2019 of March 15 actually came into force on June 16 and as it is more commonly known, the Mortgage Law is a regulator of real estate credit contracts. This new law has introduced important new elements which will apply when you approach a bank for a mortgage loan. Amongst these changes, […]
WE have received a number of enquiries from clients (many of them expatriates) who purchased real estate properties in Spain off plan and who lost all of their money because the developer never built them. As we have stated in a number of previous articles, these buyers can recover their money and deposits paid either […]
