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Message started by avalidopinion on May 23rd, 2012 at 5:06am

Title: Handing over the keys and doing a moonlight.
Post by avalidopinion on May 23rd, 2012 at 5:06am
http://www.dailymail.co.uk/money/news/article-2148335/Fleeing-Costa-catastrophe-Thousands-hand-villa-keys-Spains-economy-teeters.html

Remember Spain has an agreement with the UK and will pursue you through the UK courts for any outstanding monies and interest.

In the past few weeks the Spanish Government and the Banks have got together to try and resolve the outstanding mortgage problem see below.

http://www.rdtabogados.co.uk/news/articles/mortgage-resolution.aspx ;    8-)



Title: Re: Handing over the keys and doing a moonlight.
Post by skibob on May 24th, 2012 at 10:35am
What a load of rubbish that article was. That chap was not even living out here, he had a holiday home, didn't he rent it out when he was not using it. If he bought it in 1999, he sold it for far more than the  36 grand he paid for it i bet. This type of media coverage is one of the reasons we move here. >:(

Title: Re: Handing over the keys and doing a moonlight.
Post by Ebrovoice on May 25th, 2012 at 1:43pm
I bet he didn't submit a rente nor paid tax on his holiday rental income!

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