Why can I claim now?
In the turmoil of the 2008 property market crash there were very many victims, not least those who committed to purchase property, but who were then failed by the developers, solicitors and the banks of the day.
Recent legislation passed by the Spanish Supreme court in Madrid has ruled in favour of the client and has created an opportunity to reclaim these lost deposits.
The ruling has now enabled people to pursue the Banks for the lost deposits. “The right to recover the deposits placed on unfinished property in Spain is solid and financial institutions are now obligated to reimburse the deposit plus interest” EU Property Solutions, on your behalf can now peruse legal action to reclaim what is rightfully yours.
EU Property Solutions have established a specialised service to help those people wronged typically in the period 2004 to 2009, when in good faith many were duped into paying a deposit to start the purchase of a Spanish Property, very often for ‘off-plan’ development. The process can be lengthy but for many worth the wait.