Blog on Spanish law

Tag: Spanish lawyer in Manchester

  • Antonio Guillen appointed an Honorary Consul for Spain

                  Antonio Guillen, Head of the Foreign Property team at DWF, has been appointed as an Honorary Consul for Spain for the Greater Manchester, West and North Yorkshire regions. Antonio, dual-qualified in Spain and England, will support the Spanish Consulate in Edinburgh, which covers the north of the UK…

  • CHANGES TO THE SPANISH LEGISLATION REGARDING FORECLOSURE

                        Given the increase of evictions and the drama that this carries to the Spanish society, a new Law (1-2013 14th May) has been launched in order to protect those who cannot pay the mortgage. The new law aims at helping those who, if provided with…

  • Buying property in Spain from a bank- Initial tips

                      These days, as a result of the economic situation and the increase of people who do not pay their mortgagees, the banks have gathered a huge housing stock and, sometimes, these kinds of properties, which have been acquired by way of foreclosing procedures, are offered for…

  • Can I renounce to an inheritance in Spain?

                    In most occassions, inheriting from a dead relative or friend comes associated with an increase in wealth. The heir or beneficiary inherits the assets or money that the deceased had and once the inheritance tax is paid, which sometimes can prove very expensive, the heir is left with…

  • How to set up a Spanish company

                      “Spain will be the next Germany!” This was the headline in “EL PAIS” last week, a popular Spanish newspaper. Is this true? Well, even though the headline may be exaggerated in my opinion, there are grounds for optimism as recent labour reforms will  benefit business development…

  • Buying under-value in Spain Part I

    It is no secret that the Spanish property market is very quiet. Nowadays, any person wanting to sell reasonably quick has to make a noticeably discount on the sale price. This could mean reducing the price in 20% or 30%. This could prove very atractive to the purchaser as it would allow him to buy…

  • Can I complete the purchase of a property in Spain without a NIE?

      In a clear homage to my youngest daughter’s favourite cartoon: yes you can! I am talking about NIEs and not laying bricks but contrariliy to what happens in the Bob the Builder’s cartoons, the lack of NIE will not necessarily lead to a happy ending. A NIE number (tax number for non-residents who either…

  • What is a “cedula hipotecaria”?

    You may have heard about the “cedulas hipotecarias” or covered bonds. A “Covered Bond” is a financial product guaranteed by the whole mortgage portfolio of the bank itself with an interest linked to it. This is a safe product in a normal economic climate and it could be quite profitable (in fact, during the property…

  • Fire in the Costa del Sol- How do I claim for losses and damages?

    You may have heard about the terrible fire that affected the Costa del Sol last week. The fire started on August 30th at 7 pm somewhere between Coin and Mijas (Barranco Blanco area) and it spread towards other towns such as Marbella, Ojen, Monda.  The fire stretched out with a length of over 30 km among five municipalities: Alhaurín el…

  • Changes to the Spanish Tenancy Law- Hit or miss?

                The current Spanish Government is betting for a surge in rentals as a way to compensate the stock of properties for sale that cannot be currently absorbed by the market. For this reason it has implemented a project of law that, in the Government’s opinion, will revive the rentals…