The European Court of Justice has ruled that IRPH index for mortgages may be abusive. The European Court of Justice (TEU) ruled today, Tuesday 3 March 2020, that the clause in a mortgage loan contract concluded between a consumer and a professional, with the controversial mortgage index (IRPH), “falls within the scope of the Unfair […]
The National Federation of Real Estate Agencies (FAI) warns about cyber-scams in the real estate sector due to the weakness of the housing rental market, as some real estate agents who have been victims of these scams have denounced and brought to the attention of the federation. The most recent case, about which the group […]
And no, it does not affect the duration of contracts or the limitation of guarantees It has only annulled, on the grounds of its unconstitutional nature, an additional provision of the Royal Decree Law, which regulated housing rental contracts. A ruling partially upholds the appeal lodged by the Partido Popular, which questioned the “extraordinary and […]
According to data from the Ministry of Development, the housing stock in Spain is estimated at almost 26 million homes at the end of 2018; on the other hand, the National Institute of Statistics (INE) indicates that the number of homes to be rented is 17% of the total, with 76% owned and the rest […]
The Governing Council has approved an Andalusian Programme of Preparatory Measures for the United Kingdom’s withdrawal from the European Union, which includes 112 preparedness and contingency measures in order to minimise the effects and consequences of Brexit, especially in the Campo de Gibraltar. On 12 March 2019, the Governing Council agreed to formulate the aforementioned […]
Commission gives two months for foreign owners to also benefit from 60% deduction on personal income tax The European Commission announced on Thursday the opening of an infringement procedure against Spain for considering that it gives “discriminatory tax treatment” to foreigners who rent their homes. Brussels has so far sent a letter to the government […]
