Emergency Economic Measures Introduced By Spanish Government. 19.3.2020 Clearly, Spain is currently in a very extreme financial situation. The climate is changing constantly but this is the most up to date information we have to hand. The Spanish government have said they will help people, including:- Tax debts already in place will be able to be paid now in instalments... Read more »
Bank won’t release funds after someone dies
The bank won’t release funds after someone dies. This situation can be so frustrating. After a parent or member of the family dies, you go to the Spanish bank, show them the death certificate. And they still will notunblock the account or release funds. Why the Bank will not release funds? It doesn’t matter whether the assets of the deceased... Read more »
Equity Release in Spain process
We think that equity release in Spain in general and in particular Bare Ownership (Nuda propiedad in Spanish) is a wonderful option for many of our clients. The concept involves institutional investors putting their own money on the table and freeing up money for seniors in Spain who are struggling with cash flow issues. In exchange for a very discounted... Read more »
Blocked Bank account in Spain
Blocked bank accounts in Spain are common unfortunately in Spain. We often have clients advise that they can no longer access their online banking or use their card and they do not understand why. Clients often do not realise until they experience a problem becuase of unpaid bills. Why might a Bank account in Spain be blocked or frozen? This... Read more »
Landlords – Unpaid Rents or Utilities
Many landlords approach us about unpaid rents or utilities by tenants. At what stage should they take legal action? Unpaid Rent Firstly, there should always be a written contract between tenant and landlord, so it is clear when rent is due, and how it is to be paid. Also how utility bills will be funded. If a tenant does not... Read more »
Illegal tourist properties – Valencian Government Inspections
Illegal tourist properties – the Valencian Government continues to fight against these. Such as, they are now carrying out inspections on considerable amounts of tourist homes. There will be many more in 2020. Please take action so that they do not visit yours. Local Police are also collaborating in the detection of illegal tourist houses and apartments that could be... Read more »
Spanish Brexit guide
Dear clients, We wrote this Spanish Brexit guide to help prepare our British friends and clients against the dangers of Brexit over a year ago. Much of the uncertainty still remains however so we think it is worth leaving it here. We are currently helping hundreds of British people ensure that the basics are all in place. Driving licences Spanish Residency... Read more »
Equity release on Spanish properties
Spanish Solutions offer Equity release on Spanish properties for seniors in Spain. Many expats are struggling in Spain with the rising costs of living here, currency fluctuations, less spendability of their pensions or investments and in some cases family or medical issues too. Bare Ownership or Home reversion plans are now much more common in spain with 2,000 deals completed... Read more »
Division of Joint Tenancy or Changing Joint Ownership in Spain
From time to time we receive an enquiry advising that someone is getting a divorce. One person is going to retain the Spanish apartment and the other the house in the UK, for example. Therefore they need to take one name off the Spanish property and transfer ownership to the other. So how do people go about this and how... Read more »
Personal Accident Payout
Anyone who has suffered an accident that was not their fault hopes for a personal accident payout. Even better if the case is on a No Win No Fee basis. Client Hit by Car We helped a lady who approached us, having been hit by a car outside Zenia Boulevard, Orihuela Costa. This is a large commercial centre and she... Read more »