THE LAW RELATING TO REMORTGAGES

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    • March 17, 2010 at 10:31 am #55481
      Anonymous
      Participant

      I Understand that in order to help mortgage holders a law was passed which either allowed to make reduce taxes or no taxes on transfer of a mortgage.

    • March 17, 2010 at 11:13 am #97507
      Anonymous
      Participant

      Is this a question or a statement?

    • March 17, 2010 at 11:46 am #97508
      Anonymous
      Participant

      I understand that you should never eat yellow coloured snow.

    • March 17, 2010 at 12:21 pm #97509
      Anonymous
      Participant

      I think there’s a lot of yellow snow eaten in Spain by the amount of people taking the p*ss!

    • March 17, 2010 at 12:25 pm #97510
      Anonymous
      Participant

      @goodstich44 wrote:

      I think there’s a lot of yellow snow eaten in Spain by the amount of people taking the p*ss!

      Probably due to bad advice from property agents/developers and given credence by the justice system.

    • March 17, 2010 at 12:52 pm #97511
      Anonymous
      Participant

      All these statements are true, but I don’t see how they connect. What has yellow-coloured snow got to do with the new mortgage law? Am I being thick?

    • March 17, 2010 at 1:43 pm #97512
      katy
      Blocked

      I must be thick too. I thought Shakeel wanted a bit of information 🙄

      Shakeel, I think I read somewhere about a year ago that people could change their mortgage terms without cost. I don’t have links to it.

    • March 17, 2010 at 2:56 pm #97513
      Anonymous
      Participant

      Sorry Mark, was trying to be ironic. Somehow that intention seems to have been somewhat off.

    • March 17, 2010 at 5:49 pm #97516
      Anonymous
      Participant

      Sorry mark that was a question???.

    • March 17, 2010 at 5:50 pm #97518
      Anonymous
      Participant

      Katy, you are right I need this link or the law in question.

    • March 17, 2010 at 6:20 pm #97521
      Anonymous
      Participant

      Any comments on this please ?

    • March 17, 2010 at 7:27 pm #97522
      katy
      Blocked

      http://www.parasaber.com/hogar/buscar-casa/comprar-casa/hipotecas/subrogacion/articulo/subrogacion-comprar-casa-precio-cambiar-hipoteca-alza-tipos/3859/

      I googled this, not sure if it is up to date or if it is what you mean. I looked for subrogación which I think you are refering to?

    • March 17, 2010 at 7:43 pm #97523
      Anonymous
      Participant

      This link has been forwarded to me by my Spanish friends.

      http://www.boe.es/boe/dias/2007/12/08/pdfs/A50593-50614.pdf.

      I am afraid my Spanish does not go this far. Any body can point to the relevent section. Specially if there is a section which exclude non residents.

    • March 17, 2010 at 7:49 pm #97524
      Anonymous
      Participant

      Thanks Katy. This relates to subrogation i.e. moving from one lender to another. Yes and than there will be other cost.. So the old Spanish trick of having heads at both side of the contract.

      Apparently, moving from one product to another with the same lender is construed as new or a remortgage even though the amount, person and the collateral is the same.

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