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I recently won a court case against Banco Popular and received compensation for over payment of interest from May 2013. This was because of the illegal floor limits. I now understand that claimants can go back to 2008 to receive compensation. Does this mean that we can’t claim back to 2008. If it does this seems rather unfair to people who have had there claims accepted. I would appreciate anyone who is in the same situation.
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Rick,
My understanding is that you can now go back as far as you were disadvantaged by the clause.
These radio broadcasts by the Citizens Advice Bureau Spain may be of interest
http://www.citizensadvice.org.es/abusive-floor-clause-ecj-ruling-mortgage-costs-claim-radio/
http://www.citizensadvice.org.es/government-rushes-law-clausula-suelo-assist-consumers-banks/
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