03 Dec 2006 12:00 AM:

I finally received my money back on a bungalow purchase which fell apart because the construction plan for the whole project was not legal.    Fortunately, there was a bank guarantee in the contract.   However, by Spanish law, it seems that there should also be a refund of 6% per annum on the amount paid which might be quite substantial ( in my case over £4,000).    I am interested to know how to go about claiming this money, what it might cost and what my chances of getting it might be.     Needless to say, the Spanish solicitor made no mention of this legality and I found out only from an article in the Daily Telegraph.    The Spanish solicitor works primarily on the side of the agent?promotor of the building project.

Any advice would be welcome.    Margaret.
Thread: 6% interest

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