Expat equity release victims take on banks
The directors of action group Equity Release Victims Association stand to lose their homes Photo: Larry Lilac / Alamy Tempted by the offer of a salary for life and an inheritance tax reduction,...
View ArticleThe ERVA files a claim with the Madrid Courts (Audiencia Nacional)
The ERVA has filed a criminal complaint, with date of 7th of November 2011, against Danske Bank, Nordea Bank, N M Rothschild & Sons, Lex Life & Pension, Landsbanki, Jyske Bank, Finansbanken,...
View ArticleBank of Spain Says Nordea and Nykredit Break the Law
The Bank of Spain has confirmed that Nordea Bank S.A. and Nykredit Realkredit A/S are abusing the Spanish legal system by selling mortgages and other bank products from their Representation Offices...
View ArticleJYSKE BANK GIBRALTAR ACCUMULATES ADVERSE COURT RULINGS IN SPAIN
Jyske Bank Gibraltar is one of those financial entities that we can say has been, for some time now, sailing a little too close to the wind. The latest scandal in the making is the proposed eviction of...
View ArticleAnd the winner is…Sydbank
Sydbank is the worst Equity Release offender, by far, in terms of lack of regulatory compliance for the laws in Spain. The list below shows the shocking contempt displayed by Sydbank for the host...
View ArticleEquity Release Income Illustration
If Inheritance Tax savings was not enough enticement -or more accurately, as Steve Dewsnip tells us, it would save your home from the predatory Spanish Taxman- , the perfomance of the deal was...
View ArticleLandsbanki Misleading Advertising Case Due to be Filed
Lawyers acting for Landsbanki victims are due to file a misleading publicity case against Landsbanki Luxembourg S.A., Lex Life and Pensions S.A. and Offshore Money Managers Correduría de Seguros S.L....
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