If you put down a deposit on a Spanish property that was never built, we can get your money back
The crash of 2008/09 unfortunately resulted in the collapse of the building industry in Spain.
Hundreds of developments were not completed, and many purchasers believed that their money was lost forever. However, during 2015, a landmark legal judgement in Spain opened an opportunity for investors wishing to recover lost money from the banks where it was held.
Our team have helped recover millions of Euros and continue to represent many more.
Recovering money can be complex, but we are here to take away the stress and help guide you through the process.
Just fill in the short form below or, if you have any questions or would simply like to fill in the form over the phone, please give us a call on 01903 931 035 and we’d be happy to help you.
We strongly encourage anyone who is unsure, to call us today. We will take you through the process in detail, discussing the potential claim and assist with filling out your application form over the phone.
On completion of your documentation, we will handle everything for you, ensuring regular updates on progress made.
You will not be required to go to Spain to meet our solicitor, who will represent you.
In fact, you will not need to travel to Spain at all.
By signing a Power of Attorney, which we can arrange for you, our solicitor will act on your behalf.
About Lost Deposits
We specialise in recovering money from Spanish banks that they held on behalf of clients who had deposited funds with them for stage payments on off-plan properties that were never built.
A law introduced in 1968 decreed that the banks should protect this money until the property was built, and guarantee its return should the developer go out of business before completing the build.
This Spanish law was largely ignored until our Solicitor along with a small number of legal professionals successfully won a series of cases against the banks.
This has opened the way for tens of thousands of UK residents, who thought their money was lost, to claim their money back.
The Spanish Supreme court has confirmed the 2015 judgements, so if you transferred money to a Spanish bank for an off-plan property that was never built, then you have a very good chance of getting it back, with interest.
There are a small number of instances where individual circumstances will invalidate a claim, but these are uncommon. We will be able to assess this once we have received your initial paperwork. However, we do not charge any fees to anyone if their claim is ineligible or unsuccessful.
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