Mini-guide: Understanding abusive clauses in Spanish mortgage contracts
In Spain, the prevalence and impact of abusive clauses in mortgage contracts have been a significant legal issue, impacting a vast number of consumers.
Major EU countries rally to support British homeowners post-Brexit: A closer look
The Spanish Government, led by Héctor Gómez, Minister of Industry, Trade and Tourism, is at the forefront of a significant movement within the European Union (EU) to address British homeowners’ challenges post-Brexit.
In-depth tax insights into converting property into lifetime annuity in Spain
Transforming a property into a lifetime annuity in Spain presents a valuable opportunity, especially for those over the age of 65, to maximize their financial assets and ensure a steady income during retirement. This strategy is financially prudent and comes with substantial tax benefits.
Navigating Spain’s luxurious real estate landscape and the path to residency with the golden visa
In the dynamic world of global investments, Spain stands out as a premier destination, particularly in its luxury real estate market. Amid economic oscillations, this sector not only remains resilient but continues to attract a sophisticated cohort of Ultra-high-net-worth individuals (UHNWIs).
Navigating Spanish real estate: Comprehensive legal support for foreign buyers
In light of the growing trend of foreign property investments in Spain, particularly in provinces like Alicante, Málaga, the Balearic Islands, and Santa Cruz de Tenerife, CostaLuz Lawyers offers comprehensive legal support for each stage of your real estate transaction.
Decoding Spain’s supreme court decision on revolving credit cards: A detailed legal perspective
The case revolved around a client’s dispute with a bank regarding their revolving credit card agreement, which stipulated three different interest rates (29.32%, 28.32%, and 26.07%) based on the nature of the transaction.
Understanding the CJEU’s landmark decision on early repayment clauses in consumer credit contracts
The crux of the CJEU’s decision lies in the judicial scrutiny of early repayment clauses in consumer credit contracts. These clauses, often seen in mortgage agreements, allow lenders to demand full repayment of a loan before the agreed term under certain conditions.
Understanding reverse mortgages: A financial opportunity for seniors
Recently, Mapfre and Santander have announced the launch of their much-anticipated reverse mortgage product, a financial solution designed to provide seniors with a steady income stream based on their home equity.
Understanding mortgage novation: A comprehensive guide
Mortgage novation is the process of renegotiating and changing the terms of an existing mortgage loan with your current lender. This is typically done by modifying the original contract through an agreement reached with the bank and formalized in the presence of a notary.
Registry conciliation: An alternative to court for property and business disputes in Spain
Registry conciliation is a process where registrars, who are officials responsible for maintaining property, commercial, or other public records, assist parties in settling their disputes outside of the court system. This process is part of an effort to reduce the number of cases brought to court.
Legal tools for Spain’s elderly population: Notaries and the role they play
Spain’s aging population has brought about significant demographic changes, making the role of notaries in safeguarding the rights and legal security of the elderly increasingly important.
Q&A: Understanding Catalonia’s new tourist apartment regulations
Gain a comprehensive understanding of the legal landscape surrounding tourist accommodations. Stay informed to navigate the intricacies of the evolving regulations in this dynamic region.