02 Feb 2011 12:00 AM:

We own a property in the Costa Blanca area & due to unforeseen problems in the UK, one of us may be losing our job.  Does anyone know where we would stand legally if we could no longer afford to pay the mortgage on our Spanish property?  I've read cases in the press where owners have just handed back the keys to the bank but surely it can't be that simple especially when I suspect most properties now are in negative equity.

Any thoughts/comments are much appreciated

Thanks

Sandra

Thread: Handing back your property

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