In guarantee of this information, the Law confers on the notary the role of informing and explaining to the applicant of the mortgage the content of the loan agreement, establishing for this the inalienable obligation of both parties to meet in advance. at his signature, at least fifteen days in advance (in Catalonia).

The College of Notaries of Catalonia makes a very positive assessment of the application of the rule, considering it very difficult to include abusive clauses to the detriment of the consumer. However, consumers are advised to remain vigilant in the widespread practice of banking institutions to include clauses that subsidize the loan interest rate for the parallel subscription of other banking products such as home insurance or life, use of credit cards, pension plans, etc. which condition what the final interest rate is to be paid.

Keep in mind that a mortgage loan will usually affect a significant portion of your household income over a very long period of time. Some clauses suggested by the financial institution can in fact lead to a high economic cost in the event of a change in circumstances. Therefore, before arranging a mortgage loan, it is highly recommended that you consult a specialist lawyer. A simple consultation that can save much higher costs in the future.

Taxes on the transfer of real estate "according to the value estimated by the administration"

Until now, the competent tax administration (whether regional or central) regularized the established price not by the value declared by the taxpayer in the public deed, but by the value estimated by the technicians of the corresponding administration through the procedure of verification of values.

If your mortgage has IRPH, you could recover between 18,000 and 21,000 euros

The Court of Justice of the European Union (CJEU) (Grand Chamber, Case C-125/18) handed down a judgment on 3 March which could have a major economic impact on many consumers.