Trevor Norman

Fortuna Hills Golf Resort - victim of the Spanish Property real estate bubble

Fortuna Hills developer the San Antonio group and subsidiary, Promociones Eurohouse have found the current economical climate extremely difficult and have been forced to reduce their costs by stopping developments and delaying payments. This is affecti... Read >

Spanish property - outrage in Albox

You are just enjoying the start of your life in the sun, in your new Spanish property when there is a knock at the door and a Spanish police officer hands you an envelope. It is a demolition order for your beloved Spanish home. That is what happened t... Read >

Spanish property - Aifos directors to appear in court

Aifos directors to appear in court Criminal action is now being taken against Aifos real estate company The problems for the Aifos real estate company continue the week after they finally filed for bankruptcy protection facing an accumulated debt of... Read >

Claiming back your deposit on Spanish Property

All those British and Irish investors who purchased off-plan property in Spain and who unfortunately do not have a valid bank guarantee may lose their deposits if their developer files for bankruptcy. This potential threat of insolvency has soared at an a... Read >

Spanish property - Polaris World runs in to trouble

Polaris World has finally admitted to having massive financial problems, owning up to what it calls "a lack of liquidity." On the 22nd December, the day on which the focus of the nation was occupied with the El Gordo lottery, Polaris World petitioned f... Read >

Spanish property - Trampolin Hills goes in to administration

The developer for the Trampolin Hills Golf Resort in the Spanish province of Murcia has been forced into bankruptcy proceedings unable to pays its debts, according to reports in the local press. Administrators have been appointed to run the company. In... Read >

Spanis property developments

Spanish property developments In the aftermath of the bursting of the property bubble, Spain's property market is struggling. Spain's construction industry fell by 3.9 percent between October and November 2007, the greatest drop in the Euro Zone, acco... Read >

Spanish Property - what were we all thinking?

Over the past three years, there has been an almost 'blood lust' for buying property abroad, especially in Spain, by British and Irish investors. With a wealth of property clubs, inspection flights, property exhibitions and seminars, forward thinking real... Read >

Spanish property law

In some ways, Spanish law is delightfully simple. For instance, if you sign something, no matter what, then you are bound by it. No point exists in claiming at a later stage that it was unfair or you did not understand what it was you signed because you d... Read >

Egg fined over payment protection insurance

Online bank Egg has been fined £721,000 over the way it sold notorious payment protection insurance. This scandalous product is supposed to help you meet commitments such as mortgage repayments if you fall ill or lose your job, but it has been routine... Read >

Claim back your mis-sold payment protection insurance

A PPI is sold with a wide range of financial products. These may consist of credit cards, loans, and mortgages. A PPI is useful if one becomes injured, ill, or unemployed and is designed to cover the repayments in such situations.Several situations identi... Read >

PPI Claims - hurting the bank's profits by claiming your PPI back

The insurance, known as PPI, is such a wonderful money-spinner for the companies involved that they can make up to an extra £3,500 on a £10,000 loan. Around 7million policies are taken out each year, generating £5.5bn in premiums. It has even been ... Read >