MORTGAGE DECLINED

Mortgage Declined and Contract Termination: MORTGAGE DECLINED

BREACH OF CONTRACT WHEN THE BUYER DOES NOT OBTAIN FINANCING    Dear clients and readers, We do hope you have enjoyed a peaceful summer vacation.  Over the past few months, we have witnessed an increasing number of breaches of purchase contracts due to mortgage declined.  Subsequently, due to the importance of this matter, we would…

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Living Will in Spain

LIVING WILL IN SPAIN

Dear clients and Readers, As a consequence of the Covid-19 tragedy as well as the infamous Euthanasia Act recently implemented in Spain precisely during the pandemic; we have been receiving a lot of enquiries from concerned clients regarding this important matter. Therefore, please find below an informative report with some useful general information. Bear in…

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BREAKING NEWS

BREAKING NEWS! SPAIN LIFTS RESTRICTIONS to UK from MONDAY 24th MAY.: BREAKING NEWS!

  BREAKING NEWS! SPAIN LIFTS RESTRICTIONS to the UK from MONDAY 24th MAY. Source: BOE No. 12 Friday, May 21, 2021, Sec. I. Page 62057. Dear clients and readers, We hope you are safe and well under the current circumstances.  We are writing to inform you that Spain will welcome all British travellers from THIS week. In fact, the Spanish…

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Spanish Golden Visa

Spanish Golden Visa

Legal Tips on Spanish Golden Visa Dear clients and Readers, Over the past few months, we have detected an increasing number of clients who are considering selling their properties in the UK and using the money to buy 1 or more properties in Spain, in order to be eligible for the Golden Visa. Subsequently, we…

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NEW MASK RULES SPAIN

NEW MASK RULES SPAIN

NEW MASK RULES IN PLACE, as published in the BOE state bulletin. EFFECTS OF THE NEW FACE MASK RULES IN SPAIN Dear clients and readers, We are writing to inform you that the Spanish government has recently passed a controversial law which from Tuesday, March 30th, 2021, makes face masks now mandatory in all outdoor…

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LAWSUIT AGAINST BANKS

LAWSUITS AGAINST BANKS

SUCCESSFUL LAWSUITS AGAINST BANKS Dear clients and readers, In C. Bank v Julie and Andrew P [2021] Judgment Nº 000770/2021, the Spanish Court Nº 5 bis of Alicante has upheld our clients claim that the bank owed a contractual duty of care to advise them as to (among other things) the financial terms and conditions arising out of…

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VALUATION FEES MORTGAGE

VALUATION FEES MORTGAGE

VALUATION FEES MORTGAGE SPAIN Dear clients and readers, The Supreme Court has recently ruled on January 27th 2021 (Appeal Nº 1926/2018. Decision Nº 35/2021) that the valuation fees in mortgage loans must be paid by the bank, and not by the consumer.   With this landmark Judgment, all the financial consequences derived from the nullity of mortgage clauses that previously imposed on…

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COVID vaccination Spain

COVID-19 vaccination programme for all UK Citizens living in Spain Dear clients and readers, We have received the following communication from the Ministry of Health that the vaccine will be available to everyone who lives in Spain as they consider this to be a public health issue as vaccination is “universal”.  Now, in practice, how…

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IRPH

IRPH INDEX RATE

CONTROVERSY REGARDING THE IRPH INDEX ON MORTGAGE LOANS STILL GOING ON As you probably remember, on October 21; the Civil Chamber of the Supreme Court (from now own SC) deliberated and resolved four appeals filed in relation to the variable interest clause IRPH; – (“Decisions 595, 596, 597 and 598/2020”, of November 12); – after…

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FELIZ NAVIDAD DE BZN LEX

FELIZ NAVIDAD DE BZN LEX

Estimados clientes y amigos: Despedimos un año complicado que nos ha dejado un balance anímico muy excepcional y emociones encontradas. No obstante, la vida continúa y es la fe en un futuro mejor, lo que nos anima a compartir esperanzas con todos vosotros.  Espero sinceramente que, – aunque no podamos en muchos casos reunirnos todos en familia, – ello…

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