If you obtained a mortgage in Spain between 2004 and 2008, you were undoubtedly mis-sold the mortgage by today’s standards – for sure.
You were obviously interested in buying a property at that time. But you were subjected to unscrupulous methods undertaken by:
Can you get compensation, write offs, or any other Court award for being mis-sold a Spanish property as above? ABSOLUTELY NOT.
Yes it was wrong, and yes it was unfair. But in 99.99% of the cases, the Courts will find that there is no case to answer. People who have attempted to get what they see as justice, have spent tens of thousands of Euros and years of their life, fighting the Spanish Courts believing they were mis-sold a Spanish property.
EU Property Solutions along with our legal teams in Spain have been involved in many different types of cases in Spain. The polite phrase is that ‘they are not fit for purpose’.
This representation of the Court system may seem rude or harsh, but on the ‘flip side’ it applies to Banks and their actions. Typically, a repossession case takes four years to complete. Results in various meetings with high level Bank officials in Spain, they echo our ‘not fit for purpose’ claim, in terms of the Courts.
Our stark message is – you will not win a ‘mis-sold’ mortgage case – NO MATTER WHAT. We would add that it is the wrong argument as well. A harsher comment would be – get over it, as you are stuck with it!
That said there are other routes, plans and solutions to deal with the disposal of holiday homes in Spain and getting rid of the troublesome mortgage.
It is free to talk to us, so please contact us now.
Alternatively, talk to us via our Live Chat or submit a Request a Call Back Form & one of our agents will be in touch as soon as possible.
You can also follow us on Facebook to stay up-to-date on the latest EU property news.
We are a UK based firm with legal teams in Spain and Cyprus who understand the market and Bank practices as they stand. We remove the language barrier and utilise law, Bank lending flaws and current client circumstances to negotiate the best feasible outcome for all our clients.
EU Property Solutions was formed following the success of our associate firm Bell & Company. An FCA registered firm of Debt Strategists, Bell & Company assist individuals in difficulty in the UK and Republic of Ireland with Personal and Business-related debt issues.
We have an excellent track record of success. Our success stories and testimonials come straight from our clients & highlight the high quality of our works and outcomes. We have individuals willing to speak to prospective clients on the telephone to offer their story and experience.
Our obligation is always to our client and that is where our strength lies. Debt is highly stressful and emotional. We deal with debt day in day out and employing an intermediary removes emotion from the situation allowing clear strategy to be implemented to get the best outcome for our clients. Understanding a firm of professionals is acting on your behalf can remove stress and focus the mind to a positive end goal.