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 […]
Dear Readers, We receive many enquiries from older people who either live in Spain or have interests here, who are concerned about what would happen to them if one day they could no longer deal with their affairs themselves and they needed to make arrangements with the bank, or sell a property in Spain, etc. […]
Question: Dear lawyer, a few years ago we paid for a property that was never built in Almanzora Country Club, the developer was Huma Mediterraneo. I have been told that because law 57/68 is no longer valid, I can no longer claim. Is this correct?. Dear reader, thank you for your enquiry. I understand […]
