RELEVANT DAY FOR THOSE WHO DEMANDED A MORTAGE. JOUR PERTINENT POUR CEUX QUI AVAIENT DEMANDÉ DES HYPOTEQUES.

Today, the General Counsel of the Court of Justice of the European Union will present his opinion, expressing whether one of the indexes used to calculate the mortgages (IRPH) was marketed in Spain correctly  and clearly enough or not. This resolution is not binding, although it usually coincides in 80% with the final criterion of the Luxembourg Court, which in this case is expected by the end of the year or at the beginning of 2020. The IRPH index was, together with the Euribor, the benchmark used at the time of the real estate boom and, although it was presented as a safer alternative to fluctuations in the euro zone, […]