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 consumers the full costs of formalizing the mortgage loan’s expenses, have been now satisfactorily resolved by the Supreme Court in favor of the consumer.
Therefore, in case you might be affected and you might wish to submit a claim, as a preliminary step, remember that you would need to gather all the necessary paperwork evidence, such as the mortgage contract as well as all the invoices paid for the valuation, notary and land registry fees of the mortgage.
100% RATE OF SUCCESS SO FAR
The good news is that we are winning all the Court cases against banks and we are currently preparing new lawsuits on behalf of an increasing number of foreign people affected, so we are very confident about their outcome as well. Remember, that even if you might be national from another country, you have granted with the same rights as a Spanish consumer!
Likewise, the bank will still face liability, even if the mortgage might have been already cancelled within the limitation period of the action.
HOW TO CONTACT US FOR FURTHER SPECIFIC ADVICE?
Bear in mind that this is not intended to be specific legal advice. Therefore, if you think that your mortgage might be affected by any kind of abusive clauses, – please do not hesitate to contact our Firm for further specific legal advice.
You can get in touch with us by several ways:
1. Call us or send us a WhatsApp now to (0034) 687 88 88 73.
2. You can also use our e-mail form at the top of the sidebar of your screen, or alternatively, you can send us e-mail to email@example.com or through our contact section
Our commitment, we’ll respond to your e-mail inquiry in less than 24 hours.
Finally, thank you very much for your attention, and in case you might have any question or doubt at all, please do not hesitate to contact us and we will be glad to clarify immediately.
We look forward to helping you and the benefit of our “know-how”.
Mr Oscar Ricor
“NON-PRACTISING ENGLISH SOLICITOR IN ENGLAND AND WALES”, under the “Solicitors Regulation Authority” (SRA) SRA number 519196 and practising Spanish Solicitor.