British property investors set for a refund from Spanish banks.
A new ruling states that many British property investors, who lost money when the Spanish property market fell, will have the right to claim back deposits from the Banks.
The Spanish Supreme Court has ruled that British property investors or property consumers, who paid substantial deposits on “off-plan” properties, will be able to claim back a full refund.
This could mean that up 100,000 UK investors will be entitled to large pay outs.
Each case will be assessed individually to confirm the right to claim back the deposit. In order to study your case, it will be advise to contact your solicitor or if you need to, we can introduce you to a well established Marbella law firm to get the right information and advise you on how to proceed.
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