It seems they didn’t just “find payments difficult” re. their Spanish appartment, they actually started missing payments last year altogether.
When they offered their appartment back to the bank they didn’t want it – it seems not even the banks think an appartment in Duquesa is a good ‘asset’ to have at the moment, at any price….
Bottom line to this story, miss payments on a mortgage whereever it may be, fail in your responsibility to honour your contractual agreement, you get snookered. They should have read the small print.
Jonas, I only get upset when I care. Sorry to disappoint (as that seems to be your main motivation for being on this forum) but that doesn’t include someone who is unable to put forward a constructive/measured debate. 🙂