Floor clause
The floor clause has become a concern for many families, who have not been able to benefit from the decrease in the value of the Euribor. IS YOURS ONE OF SO MANY HARMED FAMILIES?
At HINOJAL & NEILA lawyers we work actively to help families and people who have been affected by this type of clauses unilaterally introduced by financial institutions at the time of signing the mortgages. In principle, the application of this type of clause is not contrary to the law, as established by the Bank of Spain and the Mortgage Law. On the other hand, it is when they are abusive and when financial institutions do not report their presence.