Blog Category: Current Claims Possible to Win Back Funds

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Deposit paid on an off-plan property in Spain

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain, Newsletters, No Win No Fee, Off-Plan Deposit Legal cases.

Unfortunately, many people in the past have lost off-plan deposits paid on Spanish property as matters were not dealt with properly. This is the story of a lady who contacted us a few months ago saying that she had come across our website and thought she would send an email to us to see if we could help. Now she is… Read more »

Have you ever had a water leak at your property in Orihuela Costa?

Posted and filed under Current Claims Possible to Win Back Funds, General Articles of Interest, Legal Issues in Spain, Newsletters.

This article applies to people who are with the company “Hidraqua”. Sometimes you may not even realise that you have a water leak until you get the unpleasant surprise of a bill that amounts to thousands of euros. When the water company come out to read the meter, if they see that you have used an unusually large amount of water,… Read more »

Spanish Multi-Currency Mortgage Claims

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain.

Many people are now aware that the European Court of Justice ruled on abusive clauses such as Mortgage Floor Clauses, put in a mortgage deed by some banks which basically meant that when interest rates went down the bank retained a minimum floor clause, so customers still paid a high interest. Not so common are multi-currency mortgages in Spain, but… Read more »

Supreme Court Tribunal Blow to Consumers Regarding Mortgage Clauses

Posted and filed under Current Claims Possible to Win Back Funds, In the Spanish News, Newsletters.

Consumers in Spain have suffered a blow as the Supreme Court changed the precedents of the High Courts and ruled that if there is an abusive clause relating to expenses in a mortgage, that the clients are responsible for payment of the stamp duty and half the Notary fees. Previously the Civil Chamber of the High Court had made a… Read more »

No Win No Fee Property litigation and Off-Plan Deposits

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain, Off-Plan Deposit Legal cases.

We are able to offer No Win No fee for property litigation cases in certain circumstances. Please do not let it go when you or a friend has lost an off -plan property deposit in Spain in the past. We really may be able to help as it is not fair, and now there are possibilities to claim from the… Read more »

Trampolin Hills Lost Deposits and Supreme Court Judgement

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain.

Trampolin Hills Golf Resort Situation We are currently considering preparing a group or Class Action for investors who lost deposits when trying to purchase properties on an urbanisation in Campos del Rio in the Murcia region named Trampolin Hills Golf Resort. Unfortunately many years ago investors paid deposits to buy properties there and made stage payments, yet the properties were… Read more »

Mortgage Floor Clauses Refunds

Posted and filed under Current Claims Possible to Win Back Funds, General Articles of Interest, In the Spanish News, Legal Issues in Spain.

What do you do when, after asking your bank for a refund because of a mortgage floor clause in your mortgage deed, they send you an email with, say, three possible options e.g. eliminate the floor clause, change the differential by 0.319% or refund you 4,200€? The normal customer has no idea whether the figures are correct or what to… Read more »

Top 5 Ways to Reclaim Money Owed to Your Legally In Spain Part 2

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain.

Please see our earlier article. Top 5 Ways To Reclaim Money Part 1 5) Inheritance and Gift Tax Reclaim (following the European Court of Justice Judgment declaring laws discriminatory towards non-residents) We do not want our clients to forget that the laws regarding inheritance and donation taxes changed in September 2014. Before that non-residents had to pay much higher taxes than… Read more »

Fortuna Golf – Claiming back a Lost Off-Plan Deposit

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain.

We have a number of cases whereby our clients bought off-plan properties in Fortuna in the region of Murcia many years ago, and the properties were never finished and like many other developments like this in those years, the clients lost their deposits. Fortunately, now many years later, justice is being done and an Alicante Court condemned Banco Popular a… Read more »

Supreme Court Rules Los Lagos de Santamaría Investor Can Claim Deposit

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain, No Win No Fee, Off-Plan Deposit Legal cases, Property in Spain.

A Recent Precedent extends the Supreme Court Judgement Ruling to Refund Off-Plan Deposits to Individual Investors, not just ordinary consumers. The Supreme Court ruling in 2015 set a precedent for Banks to have to pay investors back the deposits they put down on homes sold off-plan, because by Spanish Law 57/1968 (Consumer protection law) when off-plan deposits were paid into… Read more »

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