28 Jan 2017 10:53 AM:

We have just looked at our mortgage and have found that it states that the amount of mortgage is fixed and there is a minumum to pay.  I have questioned this fact with the bank.  They state as the mortgage is in the company name I cannot make a claim, because as a company, I should know company law and this was not missold.

However I do not know Spanish company law, or how the Spanish mortgage system works, and purchased the house and set up a limited company to purchase my house, all through the advice of a soliticor.  My husband would not be able to get a mortgage as he was over 65 at the time of purchase.  

Can you give any advice on this subject.  Is the Clausa Suelo claim only for personal mortgages and not for all mortgages?

  

Thread: Clausula Suelo

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31 Mar 2012 12:00 AM:

Please can someone help and tell me what is true and what is just another gossip item.

We have been informed that there is a new law, only just changed in Jan 2012, that if you have just an NIE number and you are here for anymore than 3 months you must change this as soon as possible to a residencia.  This was advice from a company who had just attended the national police to get a NIe only for a client.  And you must change you british driving licence to european licence or if you get stopped you will not have the correct papers and will get fined.

I have a business in the UK, and still my home there, and pay taxes in UK too, I also drive in the UK.  But I also have a business in Spain and have a house here and drive, and pay tax too.  I dont want to fall foul of the law, but there is so much conflicting gossip I dont know what to do.  I really dont want to give up my license as I have been pre warned by rental car places that the european license is less liked than the  British license.

If anyone know please help

Thread: New rules on NIE and Residencia

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