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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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    You can claim against the bank: floor clause, expenses, multi-currency, etc. even if the mortgage was paid or you gave the property in lieu of payment to the bank.

    There are many people who were affected by abusive clauses in their mortgage loans, such as floor clauses, expenses, multi-currencies, abusive delay interest rates, etc.. In many cases and for  various reasons, sometimes because of these abusive clauses, mortgage holders could not pay their loan and ended up losing their house, or handing over their […]

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    Floor and suelo clauses. Court decision made by the special court 5-Bis in Alicante.

    Question: Dear lawyer, I am an expatriate living in Javea and have been informed that I cannot claim for my floor clause or for the expenses I paid for my mortgage loan in the local courts of Javea. I have been told that I have to claim in Alicante, in a special court, and that […]

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    Again the competence of special courts dealing with mortgage floor clauses has been extended, now up to the end of 2018.

    Dear Readers,   IN today’s article, we have to inform you that the General Council of the Spanish Judiciary (CGPJ) announced on June 27, 2018, that it has decided to extend for another six months, (that is, until December 31 2018), the emergency plan, which was approved more than a year ago, in relation to […]

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