floor clause

Floor Clause

How Can Citizens Advice Bureau Spain Benefit You?

As an expatriate living in Spain; do you find that the Spanish bureaucratic system can be disconcerting? Have you discovered that the simplest of transactions are difficult to conclude? Find yourself searching for answers to problems only to discover that there is nowhere where you could find a solution? I am assuming that the answer is yes and that is why should be a member of our web site if you arent already.

2017 June 29th

Multi Currency Mortgages-a Legal Solution

This article was provided to us by a law firm with expertise in banking products. “We have been observing frequent cases of homeowners who signed multi-currency mortgages , in which the quotas and the capital to be amortised are determined

2017 June 8th

Santander Purchase Banco Popular And Clausula Suelo

For those concerned as they have a case against Banco Popular to recoup the monies owed and removal of the floor clause, please note the information below provided today by one of the lawyers who are acting for some of our members. “Those

2017 January 8th

Abusive Floor Clause Ecj Ruling And Mortgage Costs Claim On Radio

Talking on radio on the latest ruling from the European Court of Justice on the clausula Sueolo and how that assists those affected. The discussion also includes the new cases being initiated on recouping the costs associated with the set up of

2016 December 21st

Clausula Suelo. European Court Of Justice Rules In Favour Of Retroactive Payments.

This is the message from one of the group of lawyers who support our members. “Although our legal team does not yet have access to the judgment document to analyse the specific issues, we are pleased to announce that the ECJ has declared t

2016 November 4th

Clausula Suelo In Your Mortgage Contract? Talking With Bill Padley On Tre

Many who took out a mortgage with a Spanish bank are not aware that they are still paying excessively high interest rates and are probably owed thousands. The monies lost are due to the high interests rates charged increasing the monthly mortgag

2016 August 20th

Many Still Not Aware Of The Clausula Suelo (abusive Floor Clause) In Their Mortgage Contracts

Update on the final ruling to banks expected from the European Court of Justin expected at the latter part of this year. The European Advocate General has agreed with the Madrid Supreme Court ruling that banks should only have to make repayments

2016 April 19th

Warning. Banks And Mortgage Scams?

‘Scam’ definition: a dishonest scheme. I am presuming that most mortgage holders are aware of the abusive clausula suelo, (floor clause) where over forty Spanish banks added a clause into their mortgage contracts stipulating that; intere

2015 June 9th

Remove The Clausula Suelo From Your Mortgage Reduce Monthly Payments

Opportunity to remove the abusive clausula Suelo from your mortgage contracts immediately lowering your monthly payments. This clause has been written into mortgage clauses by most banks. Lawyers with expertise in the field of bank products said

2014 December 27th

Spanish Banks Owe Millions To Mortgage Holders

Published on: Dec 27, 2014 @ 15:57 Hundreds of thousands of homeowners who bought in the height of the last boom, are now finding that they have negative equity in their homes. Many are finding it impossible to meet the monthly mortgage payments

2014 December 9th

Cab Spain Lawyers Taking Court Action For Members With Clausula Suelo No Win No Fee

This is excellent news. Our lawyers are not only willing to commence proceedings against the banks for each of our members who have the illegal clause in their mortgage contract but. No win no fee basis which means that they are also assuming t

Lost in Spanish bureaucracy?
Touch here.

Spain info Card Benefits