by Edurne García Pertiñez | Feb 27, 2018 | Banking, Civil law, Mortgages, Uncategorized
The court of first instance no. 6 in OVIEDO, in its Ruling 369/2017, of 4 October, has dismissed as unfair the clause in a mortgage loan agreement that requires the borrower to pay an arrangement fee, thereby declaring it inapplicable. The contested clause establishes...
by Edurne García Pertiñez | Feb 12, 2018 | Banking, Construction, Mortgages, Property assets, Property law, Uncategorized
Those mortgages arranged with a clause that set a minimum, or floor, for the interest rate applicable have meant that the holder has been overpaying in recent years. A ruling by the Court of Justice of the European Union dated 21 December 2016 requires banks and...