Court Ruling over Spanish Mortgages

EUROPEAN COURT OF JUSTICE TO RULE ON SPANISH MORTGAGES TIED TO IRPH INDEX ON THE 3RD MARCH 2020

Our trusted financial advisers, Fluent Finance have written today about the imminent court ruling over Spanish Mortgages.

Mortgage court ruling

The European Court of Justice (ECJ) is set to publish their final ruling on whether Spanish mortgages which have or which had their interest rates set & calculated based on the IRPH index (Índice de Referencia de Préstamos Hipotecarios) are to be deemed abusive. These mortgages could then be deemed unfair, nontransparent and therefore an abuse of the consumer.

This ruling would determine whether Spanish lenders will be forced to refund their clients for overcharging them for many years, which is why we feel it is important to inform our contacts.

To read further, please click HERE.

img

Claire

Related posts

New Spanish Mortgage Rules & Regulations

The financial sector in Spain is in throes of a shake up. Understanding that we are experts in...

Continue reading
Claire
by Claire

Further Brexit news and Exchange rates

Following the Brexit news today of a further delay, our money exchange partners, Foremost Currency...

Continue reading
Claire
by Claire

Brexit and Exchange Rates

Brexit is on everybody´s mind and no matter what your opinion is, if you are buying or selling a...

Continue reading
Claire
by Claire

Join The Discussion