If you are one of the thousands of Brits who lost their deposit on an off-plan property in Spain as a result of the financial crisis in 2008, and you’ve already made a legal claim but did not get your money back, you may still be eligible to make a fresh claim.
Many developers went bust in the financial crisis, making it hard for people to get their money back for Spanish properties that were not ultimately constructed.
Even if you took legal action at the time, you may still be able to claim. This is because in 2015 Spain’s Supreme Court ruled that the developers’ banks and/or insurance companies should have safeguarded people’s deposits.
So, if you made a legal claim before 2015 and didn’t get your money back, you may still be eligible to make a claim against the developer’s bank(s) because they should have made sure that the developer protected the deposit(s) they took.
The deadline for making a claim is October 2020.
What this means for you.
If you lost your deposit and previously took legal action against your developer and were unsuccessful, you may still be able to get your money back.
You can start your claim here with MySpanishDeposit. We can help you get your money back with zero up front cost and zero risk to you.
The legal team at MySpanishDeposit is made up of lawyers in the UK from international law firm Hausfeld & Co LLP and lawyers from Eskariam in Spain. In fact, the lawyers who were instrumental in gaining the Spanish Supreme Court ruling now work at Eskariam.
Claims must be made by October 2020.
We need to file your claim with the Court in Spain by October 2020. There’s a lot for us to do before a claim can be filed so don’t delay in starting your claim.
What you need to do.