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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A very Merry Christmas

A very Merry Christmas

Dear friends and clients, I would like to wish all of you, especially those who will take the time to read this message, a most blessed new year 2021.  The year 2020 has been an exceptionally difficult time for all of us, especially those who have lost their dearest family relatives or friends.  However, although these festivities…

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NEW CASE WON AGAINST THE GOVERNMENT

Dear clients and readers, We are proud to announce that we have recently won a new important administrative lawsuit case against the Spanish Administration Government.  In a nutshell, our client, – an important pharmaceutical company based in Torrevieja,- was unduly accused of prescribing unlicensed Magisterial Prescriptions, and intended to impose them a fine of more than 30.000…

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ANOTHER CASE WON

ANOTHER CASE WON!

ANOTHER CASE WON! OUR CLIENT SAVES THE HOUSE! The Court rules on the consequences of invalid accelerated repayment clauses in mortgages and declares the dismissal of the mortgage enforcement proceedings. On 11 September 2019, the Spanish Supreme Court delivered a landmark judgment resolving one of the most disputed issues relating to mortgage loans in Spain.…

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IRPH clause

IRPH clause: STJUE March 3

IRPH CLAUSE INTEREST RATE: MAIN CONCLUSIONS OF THE JUDGMENT Case C-125/18 The Court of Justice of the European Union, based in Luxembourg; has rendered a landmark and expected Judgment in Case C-125/18 Gómez del Moral Guasch/Bankia S.A.; in relation to IRPH clause inserted in mortgages.After having settled the cases on floor clauses and the mortgage tax (AJD, which was…

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recovering off plan

Are you buying an off-plan property in Spain?

Are you buying an off-plan property in Spain and using the developers nominated solicitor? Dear Readers, Some Building Developers might recommend you the use of their own usually cheaper solicitors to handle the property conveyance. This can be risky as the solicitor is unlikely to be truly independent as the same firm may be representing…

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