How to break the statute of limitations to recover deposits paid for a home in Spain that wasn’t built
If you are one of the many people who have been wronged by a developer in Spain who didn't build your dream home, and you lost the deposit amounts you paid, you're still in time to start the process to claim the money you paid for an undeveloped property. Although the deadline is approaching (7 October 2020 with cut-off for new registrants on 20 September 2020), it is highly recommended to make a complaint to the bank or insurer to “stop the clock ticking” on the limitation period. Simply start your claim process, assisted by the legal advice of an experienced lawyer. And of course, do it before the end of the deadline if you haven't already.
Why do I need professional advice?
Victims of developments in Spain that were not built need the opportunity to gather the relevant documents necessary to support their claim, to reasonably ensure success. Experienced lawyers understand how searching and identifying information for the case can sometimes be an arduous and difficult task. Once the documentation has been found, the lawyer has to study the information presented to them to and after carrying out a precise technical-legal analysis, initiate the procedures of the judicial process with the necessary parties. Unfortunately, lawyers are often unable to pursue cases due to missing documents.
The claims process can be time – consuming. This is because the documents that are required are not always easily available even more so when so many years have passed since the intended purchase occurred.
An experienced lawyer will guide you on which entity to address the claim to so as to interrupt the limitation period. Once the deadline has passed, if the entity does not respond to the claim, you will have the peace of mind knowing you now have time to properly prepare your case. Above all, you can rest assured that, where appropriate, the entity legally responsible for refunding your deposit will not be exempt from liability simply because you did not know your rights - rights that will remain in force and are eligible to be recognised by the courts.
Contact MySpanishDeposit to recover your lost deposit
If you have been in this situation yourself and have not started your claim to recover your money paid to a Spanish property developer for a home that was never finished, do not hesitate to contact us. Do not miss out on the opportunity to start your claim, our expert team can advise you and help recover your deposit - Hurry, before time runs out!
Your claim will be assessed for free without any commitment, there is no obligation, no up-front cost and no risk to you.
Remember, the deadline is 7th October 2020 with the cut-off date for new registrations being Sunday 20th September 2020.
If you register and pursue your claim with MySpanishDeposit, you will be represented by a team of lawyers from London international law firm Hausfeld & Co LLP and Spanish law firm Eskariam. Our combination of international and local law expertise makes our team unique in the market.
Your claim will be coordinated in Hausfeld’s London office, with all correspondence and support provided in English, during UK business hours, and an English speaking member of the team will be at the end of the phone to answer any questions you may have.
If you have been affected please call us on +44 (0)20 7936 0959 or register your claim here. We look forward to hearing from you.
Author: Alejandro Castilla, Lawyer