Request the services of a Attorney specialized in Mortgage Law Ronda, to ensure the best results for this transaction.
Within the legal framework, Mortgage Law is a very broad branch that encompasses all laws and regulations related to mortgages.
A mortgage is what is known as a «real right» that guarantees the fulfillment of a freely undertaken obligation. This obligation, when we talk about mortgages, is typically the repayment of a monetary debt.
The creation of mortgages is one of the most common real estate transactions in Spain, due to the volume of purchase and sale operations carried out in the country.
Due to the financial crisis experienced in recent years, the implications of these types of contracts as well as the inclusion of clauses of questionable legality have led to a large number of legal consultations and court proceedings related to them.
Our attorney specialized in Mortgage Law in Ronda will be able to help you resolve any questions regarding your mortgage contract, whether prior to signing it, or if you already have one and have doubts about its implications.
Do you need to apply for a mortgage? Consult with our Attorney specialized in Mortgage Law Ronda
One of the topics that generates the most inquiries relates to floor clauses and their reimbursement.
This is a clause that capped the minimum monthly payment for the repayment of the mortgage loan. A minimum payment that prevented thousands of mortgage holders from benefiting from the drop in the reference interest rate (Euribor).
Following a binding ruling from the Court of Justice of the European Union, these clauses were declared null and void, and therefore the affected mortgage holders were granted the right to recover the amounts overpaid.
As a result, we have received many inquiries to initiate the claims process, successfully helping our clients recover the money they overpaid.
Another type of mortgage that is also generating many inquiries and claims from mortgage holders is what are known as multi-currency mortgages. This is a type of mortgage referenced to a foreign currency, which may benefit the mortgage holder if the exchange rate is favorable, or harm them if it is not.
Currently these types of mortgages are being challenged on the grounds that mortgage holders lacked sufficient understanding when signing them.
Mortgage Contract
In short, the mortgage contract is a type of document with very significant implications for the applicant, making it essential to have specialized legal advice.
Our Attorney specialized in Mortgage Law in Ronda will review all available documentation and help you obtain the best possible agreement for you.
If you also wish to file a claim regarding any questionable clause, you can count on our mediation services with the banking institution, and, if necessary, our representation in court proceedings.