Brits to Claim Holiday Home Deposit Compensation from Spanish Banks

The dream of owning a Spanish holiday home in the sun turned into a nightmare for thousands of British people when property developers across Spain went bust during the recession.

However, the British investors who lost substantial deposits have now been given hope of recovering their money by the Spanish courts.
Judges in Spain have said that people who lost money when ‘off-plan’ developments failed to be built are entitled to claim financial redress from the Spanish banks who failed to protect the deposits.
This decision will apply to properties that were left uncompleted or where building never started at all.
The precise number of people affected by this legal development is unknown but could hit 6 figures according to a BBC report.
Slee Blackwell Solicitors have been working with Spanish Abogados (lawyers) based in Madrid and Alicante for some months to enable claimants in Britain to recover compensation in Spain on a No Win, No Fee basis.
Anyone who has lost their deposit on a Spanish property development and wishes to claim compensation from a Spanish bank is invited to call our FREE Spanish Property Legal Helpline on 0333 888 0404 or email us at [email protected]

Lee Dawkins

Lee Dawkins

Over the past 30 years Lee has overseen the expansion of the firm’s litigation department. He developed our personal injury and clinical negligence teams, creating various niche areas that now enjoy a national profile. He pioneered contentious probate, setting up one of the UK's leading inheritance dispute teams and established Slee Blackwell as a force within claimant professional negligence. He now works as the firm's marketing partner.
Lee Dawkins

Lee Dawkins

Over the past 30 years Lee has overseen the expansion of the firm’s litigation department. He developed our personal injury and clinical negligence teams, creating various niche areas that now enjoy a national profile. He pioneered contentious probate, setting up one of the UK's leading inheritance dispute teams and established Slee Blackwell as a force within claimant professional negligence. He now works as the firm's marketing partner.

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Call the Slee Blackwell helpline on 0333 888 0404