Bank Claims
It is now eight months since the government introduced legislation to deal with claims against banks for maintaining interest rates above Euribor by including floor clauses in mortgages. The aim of the system was to prevent a high number of consumer claims coming to the courts and leading to substantial delays in the court system. […]
Compensation for Mortgage payments – Floor clauses
SPANISH MORTGAGE CLAIMS : Following a judgment of the European Court of Justice on 21st December 2016 you may be able to claim compensation from your bank if you have a mortgage containing a “floor clause” which has been held to be unlawful by the European Court of Justice. Many Spanish mortgages were linked to […]
Banking Law
Specialists in Banking law Negotiating on Clausula de Suelo – Mortgage floor clauses Cancellation of Currency Exchange mortgages Mortgage executions – Negotiating mortgage foreclosures Consumer claims Banking litigation Spain has a legal structure governing the banking and financial services sector. This is a body of administrative law and the legal framework incorporates rules […]