Tag: Mortgage Loan Tenerife

The Code of good practice on “floor clauses”: Is the best solution to comply with the European Community Court judgment about it?

Given the lack of provision by banks to implement a mechanism to handle all claims of clients, the Government intervenes to find possible extrajudicial ways to comply with the ruling of the CJEU.

Continue reading The Code of good practice on “floor clauses”: Is the best solution to comply with the European Community Court judgment about it?

IF YOU HAVE OR HAVE HAD A MORTGAGE: DO YOU KNOW THAT YOU CAN CLAIM THE FORMALIZATION COSTS?

SAENZ & ASOCIADOS ABOGADOS / LAWYERS, offers you the opportunity to claim the costs of formalizing mortgages: notary deed, administrative expenses, housing appraisal fees, property registration and documented legal acts. A judgment of the Supreme Court of December of 2015 considers null and void the clauses that impose to the consumer to assume the expenses and the payment of the taxes of the formalization of the mortgages. As an example, a mortgage of € 150,000 could be recovered up to € 3,000. Continue reading IF YOU HAVE OR HAVE HAD A MORTGAGE: DO YOU KNOW THAT YOU CAN CLAIM THE FORMALIZATION COSTS?