12 Aug 2025 1:35 PM:

Hi,

As you'll see from my earlier comments, we got back our deposit and interest without a guarantee at all!

The courts ruled that the bank had a duty to put payments into an escrow account and were liable with or without an express guarantee.

I can dig out paperwork if it helps,( DM me)

 

Good luck!

 

Mike 

Community thread: AIFOS Bank Guarentees

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09 Oct 2018 9:17 AM:

Just to clarify-  we didn’t use Maria.

we used Antonio Jurado and Juan Manuel Colomina in Fuengirola

Mike

Community thread: AIFOS STILL TRADING

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08 Oct 2018 8:20 PM:

Hi,

We’ve already had the principal sum back and even after the success fee was deducted, we are even because the exchange rate has shifted so much in 16 years.

Interest will be icing on the cake but at least we have the cake back already!

 

Mike

Community thread: AIFOS STILL TRADING

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07 Oct 2018 4:56 PM:

I fear an even more cynical element. Given that most buyers are at the retirement end of the spectrum, there must now be a significant number who have shuffled off this mortal coil while waiting for “justice”. I suspect the banks have weighed up the risks and decided time is in their favour.

on the other hand, we bought a different apartment and have now lived here for nearly 8 years and despite the frustrations we wouldn’t go back to the Uk( Brexit permitting!!!)

Community thread: AIFOS STILL TRADING

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06 Oct 2018 4:14 PM:

Hi again,

 

As far as I know , it’s “standard” in such cases to award costs and interest where there is perceived culpability as in this case. Spain is strange though as they don’t seem to work on a precedent basis looking at each case on its own merits.

The Supreme Court has already ruled on loads of cases like ours so I am amazed the bank has thrown away money on  appeals.

I’ll let you know the final outcome,

 

al the best

Mike

Community thread: AIFOS STILL TRADING

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