17 Jul 2011 12:00 AM:
I am in the position like many others of wanting to hand back the keys on my Spanish property. I believe you said that there is a legal right to do this. My lawyer in Marbella says it is not a right. Can you please tell me what you think?
I have just come to the end of the interest only period and will not be able to make full payments. I asked the bank to extend interest only or come to some arrangement. They have declined my request.
They have now said that they will take the full payment but if the money is not in the bank they may come to some payment arrangement.
I understand that Dacion en Pago is not an option if there are arrears. Is this the bank's way of avoiding this option?
I would appreciate any advice you can give.
Kedge
Thread:
Dacion en Pago
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