18 Nov 2023 12:26 PM:
Hi Brian
The reason given for Banco Popular winning the appeal states: Huma Mediterraneo should have provided us with the Bank Gaurantee referred to in the legal action against them. I do not understand this ruling because in our case Banco Popular handed over our money to the developer knowing full well that Huma Mediterraneo were under investigation by the Andalusian Junta for illegal building on land at Cuevas de Almanzora and even if they didnt should have!
Also we were also awarded interest and legal costs. None of which we ever received from Banco Popular. To be clear we just received our original holding fee and First Stage payment. €57,532.70.
What I find really disgusting is the UK solicitor acting for Banco Santander (who bought Banco Popular for 5 euro several years ago) are seeking the return of the €57,532 .70 plus a whopping interest of €15,000 and any court costs accrued.
My wife and I are both in our late 70's and find the resurection of this 'ill fated home buying in Spain' very stressful.
Any help or advice gratefully received.
Kind regard
Peter & Lesley
Community thread:
UK Solicitor acting for Banco Santander to recover Banco Popular payouts
--------------------------------------