sur in english
Spain's Supreme Court has upheld earlier judgements that 12 mortgages sold by a British company were illegal. The mortgages, mostly taken out by Britons in Malaga province between 2004 and 2007, totalled six million euros. The equity release ... who represented the claimants, the ruling confirms that operating in breach of mandatory financial regulations is illegal speculation, even if the company was legally operating in its own country. He added that his "clients' nightmare had now ended".