Spanish government sets out to help British property owners

LAST UPDATED: 31 Jan, 2011 @ 11:06
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Spanish government sets out to help British property owners

FINALLY some good news for British property owners in Spain.

The Junta de Andalucia has announced that it is tackling the large number of properties in the region that have been built illegally and legalising properties where possible.

In some cases a minimum licence will be issued allowing the property to remain even if it is not incorporated into the town plan.

The Spanish government has also reformed the Criminal Code, which means tougher penalties for town planning crimes.

Public officials will now face hefty punishments for allowing any illegal properties to be built and will have to pay any costs incurred to restore the land to its original state.

In addition, all purchasers, whose properties have fallen through, will have the right to demand refunds from banks that guaranteed the construction of their home.

In the past, a number of banks had found ways to avoid paying.

3 COMMENTS

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  1. We already have the right to demand refunds from banks that issued guarantees, but it means nothing if the banks just keep refusing to pay out. Where did this comment come from – is there any substance in it at all.

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