30 Oct 2014 1:57 PM:

To my knowledge it is a law relating to the banks and not the builders. The law is to do with banking practice (all banks should have issued guarantees but they were negligant in doing this) and it is now biting them back.

Community thread: money back

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16 Oct 2014 6:22 PM:

I had copies of bank guarantees but not the origionals. The solicitor that we used informed us that since the law change in spain this year bank guarantees were not required you only need proof of payment. I used a solicitor who worked on a no fee basis (they just kept any interest) and i got back the full amount of my first payment from Caja Murcia. They are now working on the second payment which was with Banca de Valencia and they say this will take approximately 12 weeks (the first payment was sorted within 6 weeks). If you would like i can post the details of the solicitors that we used on the site and provide contact details for them.

Community thread: money back

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15 Oct 2014 10:09 PM:

Yes, I got my first payment back two weeks ago

Community thread: money back

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15 Oct 2014 9:12 PM:

Further to the no win no fee debate. I now live in a Spanish province and we would just like to inform everyone that the law changed here in Spain in March this year with regard to spanish property payments. We have just used ah solicitors on a no win no fee basis and we have just received the first payment back in full within 12 weeks. They are now working on the second payment and we should receive this payment back shortly. Do not pay out any up front monies to any solicitors as you do not need to. I would recommend that you contact this firm of solicitors and talk to them and make your own decision as we did.

Community thread: MOREO AVILES Abogados Lawyers NO WIN NO FEE

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