There are many families affected in Spain by the abusive clauses and interests that Banks have sometimes “snuck” into their mortgages to benefit from the financial ignorance that an average consumer lacks who is forced to sign a mortgage with the Bank to have a decent housing. One of the abusive practices of many banks in recent years has been establish the Mortgage Loan Reference Index as the reference interest rate for mortgages, instead of the well-known Euribor.
If this is your case, do not hesitate to contact our team of specialists, who after an initial meeting in which your mortgage will be analyzed and reviewed, tand we will show the way to declare the nullity of this clause, when it is found in any of the circumstances that give rise to it, as if it has been established without explanation of how its amount is determined, failing the bank in its duty of transparency; if it was introduced in the absence of pre-contractual information, without the necessary explanation about the behavior and comparison between the IRPH and the Euribor.
In case you find yourself in any of these cases, do not let time pass, as there are many Judgments issued in this matter in favor of the consumer, the current regulations being focused on their protection in application of Law 14/2013, of September 27, to support entrepreneurs and their internalization, and said Law definitively eliminated the IRPH Cajas, the IRPH Bancos, and the Ceca.
Therefore, The solution to this problem will only be achieved by claiming against the Banking entities., filing the corresponding legal actions, and demanding its replacement by a fairer official index until the end of the Mortgage Loan, such as the Euribor, with which you will be able to notice substantial savings in your installments to pay each month.
There are more and more sentences declaring the IRPH null and void due to its manipulable nature and lack of transparency, forcing the Banks to replace it with the Euribor and return the amounts unfairly overcharged.
To find out if your mortgage is referenced to the IRPH instead of the Euribor, you can do so by reviewing the mortgage deed, where it will normally appear on the third bis clause, and in monthly receipts for your loan. The best thing, and for greater security, is that you consult with our specialists who will review and evaluate this data.
Let our professionals carry out the pertinent actions to put an end to this most notable abusive behavior by banks in recent years, as the Courts are positioning themselves in favor of thousands of mortgaged clients who, like you, are affected by this trend. bank with which many entities have acted.
