Contact us

Clausula suelo: Mortgage floor rate clause ( minimum interest clause). It is legal?. How to claim against Spanish bank for interests charged back.

Contact us

    Latest Articles and Real Cases Related

    In this section we publish legal articles and real court cases of your law firm. Consult your doubts in our database

    Finally, the complete Spanish High Court Order concerning the mortgage floor rate clauses has been published. If you have a mortgage loan, this is of interest for you.

    Dear Readers , As informed previously, a mortgage or interest floor rate (clausula suelo) is a clause included in most mortgage loan agreements, setting a minimum rate of interest. These clauses limit any possible fall in the level of interest rates, normally the Euribor. As announced some weeks ago, the complete Court Order from the […]

    Read More…

    Spanish Consumer Laws and Problems. Purchase of second hand or used cars, motorbikes, and vehicles in Spain. The consumer rights to get the money back for the repairs made to the vehicle.

    Dear readers, Some months ago, we answered a consultation of Mr M., through the Round Town News. Mr M. bought a car from a local car dealer and after some months the head cylinder and the motor were replaced as they were in a really bad condition. Mr. M instructed us to start a legal […]

    Read More…

    Construction and building problems and defects. Court Success.

    Spanish Real Estate and Mortgage Law: Failure to pay the mortgage bank repossesion. Spanish legislation does not comply with European Consumer Legislation about unfair terms.

    On the 14th March 2013 was granted by the Court of Justice of the European Union (ECJ) a court order about the 93/13CE directive on consumer contracts and unfair terms, and if the Spanish procedural law is contrary to it or not. Basically, and very briefly the ECJ decision states that the Spanish legislation infringes […]

    Read More…