Britons who may have lost money on homes in Spain, through having been left high and dry by the global financial crisis or unwittingly having bought illegally built homes in the country, have been offered hope after the supreme court in Madrid issued a landmark judgment stating that Spanish banks are responsible for missing money deposited in their accounts, with interest on top. Now lawyers in Spain believe this offers hope to thousands of Britons who lost deposits ranging from £20,000-£70,000. While some UK investors took their property developer to court after the crash, it was generally to little avail. “Most firms were in administration and buyers were at the bottom of the list of creditors,the difference now is that the banks that held buyers’ deposits may be liable for their loss.”
JPHLAW can help you with this . We have links to our own legal team in Spain and can make this claim simple
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