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Holiday home Brits have now three weeks to claim following Aifos collapse
British home buyers who fear they may lose out due to the insolvency of one of Spain’s best known developers have been given until the end of September to register their claim with the Spanish authorities. Aifos Arquitectura y Promociones Inmobiliarias SA has gone into administration leaving 4,000 unfinished homes. Aifos was one of the…
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Struggling Britons seek ways to offload Spanish holiday homes
Higher mortgage interest rates in the Eurozone, a fall in the value of the pound and the effects of the recession mean that many Britons who have bought holiday homes in Spain are now struggling to meet their monthly repayments. Our firm has seen a rise in the number of people seeking help to renegotiate…
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Court threat for Brits who back out of ‘home in the sun’ deals
Britons who have had second thoughts about buying holiday homes in Spain are being pursued in the Spanish courts by the developers – despite a clause in their contract allowing them to back out of the deal. Our firm is acting for a number of British buyers who have been threatened with legal action. Hard-pressed…
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