01 The Supreme Court judgment on mortgages
Mortgage costs are the costs of setting up the mortgage, arising from the notary, the agency, taxes and the valuation at the time the mortgage is signed. Costs you can lawfully recover.
The judgments handed down by the Spanish Supreme Court on mortgage costs state that it is the banks, not consumers, who have to bear those costs. They cover everything from the notary fees for the mortgage deed to the agency fees, by way of the cost of valuing the property and of registering the mortgage at the Land Registry. Anyone who has, or has had, a mortgage can therefore bring a claim.
Escalera & Tuset, a firm specialising in banking and finance law, can help you with your claim to recover mortgage costs. It makes no difference whether your mortgage is still running. It makes no difference whether you still own the property or have sold it. In every case, the judgments of Spain's highest court give you the right to claim back a good part of those costs. It is the bank that has to bear them. And we make sure we advise you so that it does.
02 We help you claim back your mortgage costs
Judgment 705/2015 of 23 December of the Supreme Court declared unfair the clause requiring consumers to pay the notary, agency, valuation, deed, Land Registry and stamp duty costs. While on that last one, stamp duty, the Supreme Court appears to have made a complete about-turn, it does maintain that banks have to bear those mortgage costs.
Do you have a mortgage? We can get your money back. We have a specialist department made up of professionals with a long and successful track record in finance law, particularly in claims against banks over unfair terms of every kind. Of all of them, claims against banks over mortgage costs may be the easiest to win. Claiming back mortgage costs is a safe process because the law is behind it.
All you need is a lawyer to run the whole process. At Escalera & Tuset we are so confident about recovering mortgage costs that we work on a very specific basis: we only charge if you win. Get in touch right now and we will deal with you straight away. We can guide you professionally through the whole process so that you recover the roughly 3% that all the mortgage costs together come to. Trust our experience.
03 Getting mortgage costs back
To get mortgage costs back we have to follow the legal steps set out. First, an amicable claim has to be brought to your bank. If the bank does not return the costs claimed within the period set, it is time to file a court claim. Working with the professionals at Escalera & Tuset, you will be aware of every small step of the process, but you will not have to deal with any of it. We do it all for you.
From analysing your case to arguing it in court, by way of the out-of-court claim. We also work to recover the mortgage arrangement fee you should never have been charged. And we do it quickly, smoothly and effectively. If you want to recover the costs of your mortgage, call us and we will arrange a free meeting in person with no obligation of any kind. We want to know about your case. We want to help you.
If you need lawyers in Madrid to advise you, Escalera & Tuset is the answer. If you need lawyers who can defend you, Escalera & Tuset is the answer. If you need information, Escalera & Tuset is the answer. We are here purely to help you in the way you need. Get in touch now.
