• Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Santa Cruz de Tenerife)
  • 922 730 210
  • 0034 637 838 718
  • Contact Us
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How to Reclaim your Purchase Costs from the Bank!

How to Reclaim your Purchase Costs from the Bank!

14 12 - 2016

The Catalonian Court in Spain in its Judgement 705/2015 of 23rd December 2015, declared that the banks/mortgage providers should be legally obliged to pay for your Notary Fees, Land Registry Fees, Cancellation of an Existing Mortgage and the Stamp Duty (Modelo 600) on the mortgage.. These fees vary depending on each case but will certainly run in to thousands of Euros.

What is really interesting is property purchasers who took out or paid their mortgage for their property up to 4 years before this law was introduced are welcome to claim those costs back!

What next? Get in touch with us by emailing info@tibc-sl.com or calling us on 0034 922 730 210. We will take copies of all the documents we need to submit to the bank. As it stands, it has not yet been made law for the banks to refund these costs so we will not charge any upfront fees until it has been passed. Our fee for submitting the application will be €250 +IGIC and we can recommend a lawyer to pursue your claim should a lawyer be required (this will incurr additional costs for whichever lawyer you choose to pursue your case).

Click here for further information and fill out the form to be added to our waiting list

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Calle Cándida Peña Bello 8
38631
Las Galletas (Santa Cruz de Tenerife)
  • Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Santa Cruz de Tenerife)
  • 922 730 210
  • 0034 637 838 718

© Tenerife International Business Centre SL 2026

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