Originally Posted by
stewal
Hello, It is sad but comforting to know that i am not the only one in a very unfortunate situation. I bought my Apt on the coast on costa blanca for 90.000 eur, I owe 64000, So i have lost all of my savings and any pension i thought i would acrue when i come to sell in 15yrs or so, Not to be, I have missed 2 mortgage payments, I am worried sick at the thought of what will happen, I cannot afford to carry on paying as my comm fees have risen as well. I heard somewhere that a law has just been passed by spanish government for banks to accept that we have lost alot in this process and they have to accept keys or initiate repo proceedings without chasing us in the uk for any outstanding debt, i would really appreciate any comments or help you guys may have for me. May i say this a brilliant website
Many thanks
S
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