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The Spanish Floor Clause – What You Should Know
The Floor Clause, or in Spanish, ‘Clausula Suelo’ was featured in many Spanish Variable Interest Rate (VIR) Mortgages. What this meant for homeowners, was that their Mortgage, designed to increase or decrease interest payments in line with the Euribor, were in fact capped at a minimum, in order to protect the Spanish banks from negative […]
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Protected: Update 3rd November 2017
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Plusvalia Tax – What is it & what does it mean for you?
In February 2017, the Spanish Constitutional Court ruled that ‘Plusvalia’ property tax is no longer charged when a vendor sells a property at a lower value to the original purchase price! This landmark ruling is linked to the property boom that lasted eight years in Spain. The 2008 bank meltdown saw property prices plummet overnight. […]
Protected: Update 30th October 2017
How to exit your Timeshare contract.
How do I get out of my timeshare contract? This is a question we get asked a lot. Many people feel helpless as their maintenance costs continue to rise, and yet they either do not want the Timeshare they own any longer, or they are unable to get the weeks they want each year. Either […]
The Deptherapy Awards 2017
Earlier this month our principal solicitor Sarah Waddington, attended to the Deptherapy awards 2017. Deptherapy is our chosen charity, who provide an underwater escape for former soldiers who are suffering from PTSD or who have life-changing injuries. Scuba-diving with Deptherapy gives these men and women the opportunity to escape in total peace, while embracing the physical […]
Diamond Customers: Will Apollo’s Buyout Impact You?
Diamond Resorts has been bought by Apollo Global Management. What does this mean for existing Diamond Customers? As some of you will be aware, Apollo Global Management recently bought Diamond Resorts International. Many of you will also know that when a company is bought or goes through any form of merger, all liabilities, debts, clients, […]
Protected: Update 20th October 2017
Protected: Update 16th October 2017
The law is changing regarding Package Holidays. Here is what you need to know
In November 2015 the new Package Travel Directive (2015/2302/EU) was introduced, bringing the EU legislation up to date to current developments in the travel market. This is going to affect Package Holidays. When will the new Package Travel Directive come into effect for consumers? As of the 1st January 2018, the new Package Travel Directive […]
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