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 […]
Clausula suelo: Mortgage floor rate clause ( minimum interest clause). It is legal?. How to claim against Spanish bank for interests charged back.
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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, if you have a mortgage loan in Spain, it is very possible that you are overpaying interest. Literally thousands of customers have been adversely affected by mortgage floor interest clauses and many are not even aware of it. As we have explained on several occasions, a mortgage floor rate or minimum interest clause, […]