Pellicer & Heredia: What is the mortgage floor rate?

What is the mortgage floor rate
What is the mortgage floor rate

Q:What is the mortgage floor rate? How do I know if my mortgage has this?

A:The mortgage floor rate is one of the many abusive clauses that you may have written in your mortgage, the details of which can be found in your mortgage deeds.

Due to the recent ruling by the European Court of Justice, clients can now reclaim all and any monies that have been overpaid, because of these clauses.

To find about more about abusive mortgage clauses and to arrange an appointment with us to study your case, please feel free to contact us today! Our team of specialist lawyers are standing by ready to assist you.

For more information contact us today on 965 480 737 or 606 056 282 or Email

The information provided in this article is not intended to be legal advice, but merely conveys general information related to legal issues.


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PELLICER & HEREDIA is one of Spain’s most dynamic law firms, consisting of a multi-skilled staff, fluent in English and with many years of experience in dealing with Spanish law. In addition, a substantial amount of our work has an international aspect. We regularly act for foreign companies and private individuals representing their interests in Spain on both transactional and litigation matters. If you have any further questions about this or any other legal matter, please do not hesitate to contact us - we have a team of experts standing by to assist you in any way we can. Call 965 480 737 or email


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