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Spanish Off-Plan Property - Bank Guarantees - LEY 57/68

This blog is for all those Off-Plan property purchasers in Spain who have not received Bank Guarantees for their deposit funds as required by Spanish Law, in particular LEY 57/68 Article 1.1 and 1.2 and are now at risk of losing their money. In addition many purchasers who did receive Bank Guarantees are now finding that the Spanish Banks are refusing to honour them without legal action being taken by the purchaser.

BBC RADIO INTERVIEWS
Tuesday, July 9, 2013 @ 12:35 PM

FINCA PARCS - BBC RADIO INTERVIEWS

BBC Radio 4 Interview with Keith Rule (Finca Parcs Action Group) & Jaime de Castro (Costa Luz/De Castro) first broadcast on 27 May 2013 after the Sentence against Banco CAM was definitive and final:

http://www.bbc.co.uk/programmes/p01b1tft


BBC Radio 4 Interview with Keith Rule (Finca Parcs Action Group) & Gerard M Vazquez (Lawyer from VAZQUEZ ESTUDIO JURIDICO) first broadcast 11 July 2012 following the victory in the First Instance Court – June 2012:

http://www.bbc.co.uk/programmes/p00vymv3



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Keith - Finca Parcs Action Group
I am leading the FINCA PARCS ACTION GROUP in legal action against Cleyton GES SL and Caja de Ahorros del Mediterráneo (Banco CAM) for the return of our off plan deposit payments as we never received the legally required Bank Guarantees.



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