As we noted in our last article, the European Court of Justice, has published today its resolution that establishes a court precedent applicable to mortgages signed with variable interest rates referenced to IRPH. The Court has ruled in favor to the consumers, stating that IRPH could be an abusive interest rate under the Consumer Protection […]
WITHIN a few weeks we will know the final decision of the Superior Court of Justice of the European Union, the European Court of Justice (ECJ) in relation to whether the Mortgage Loan Reference Index IRPH could be abusive or non-transparent and therefore null and void. According to the latest news received, it is expected […]
THERE were many banks that when granting a mortgage loan made it a condition that borrowers take out a life insurance policy to cover the loan instalments in case of death.In a number of cases, such insurance was paid in full (in a single premium) at the same time as the mortgage loan was signed […]
