{"id":33897,"date":"2023-01-30T13:28:56","date_gmt":"2023-01-30T12:28:56","guid":{"rendered":"https:\/\/www.cbleon-abogados.com\/mortgage-expense-clauses-claims\/"},"modified":"2023-01-30T13:28:58","modified_gmt":"2023-01-30T12:28:58","slug":"mortgage-expense-clauses-claims","status":"publish","type":"post","link":"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/","title":{"rendered":"Mortgage expense clauses: Claims"},"content":{"rendered":"<p><strong><span style=\"color: #000000;\">Since 2015 there has been a lot of debate regarding mortgage fees, as many people consider them excessive. That is to say, expenses such as: notary, registration, agency, appraisal and opening commission. In view of this problem, clauses have been established to regulate this process. That is why we inform you about the new measures to regulate mortgage expenses.<\/span><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Tabla de Contenidos<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Updating_of_mortgage_expense_clauses\" >Updating of mortgage expense clauses<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#What_expenses_does_the_Bank_cover\" >What expenses does the Bank cover?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Valuation\" >Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Notary\" >Notary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Gestoria\" >Gestor\u00eda<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Taxes_on_legal_acts\" >Taxes on legal acts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Registration\" >Registration<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#What_expenses_does_the_mortgagor_cover\" >What expenses does the mortgagor cover?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Expenses_to_be_taken_into_account_in_addition_to_mortgage_expenses\" >Expenses to be taken into account in addition to mortgage expenses<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/cbleon-abogados.com\/en\/mortgage-expense-clauses-claims\/#Claiming_mortgage_expenses\" >Claiming mortgage expenses<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Updating_of_mortgage_expense_clauses\"><\/span>\n<strong><span style=\"color: #000000;\">Updating of mortgage expense clauses<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">As mentioned above, mortgage expenses have been a latent issue since 2015. For this reason, the CJEU has established that those costs considered abusive, as well as other bureaucratic costs, will be divided between the Bank and the lender.<\/span><\/p>\n<p><span style=\"color: #000000;\">This agreement has been planned between 2019-2022, therefore it is not excluded that modifications may appear during 2023. Even so, the division of mortgage expenses has been an important step in the regulation of mortgages. This<strong>guarantees the integrity of the mortgagor, who previously paid more than 15% of the value of the loan<\/strong>.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_expenses_does_the_Bank_cover\"><\/span><strong><span style=\"color: #000000;\">What expenses does the Bank cover?<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">According to the rules implemented by the CJEU as of 2022, the bank must undertake to pay the following expenses:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Valuation\"><\/span>\n<strong><span style=\"color: #000000;\">Valuation<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000000;\">This process is required by the bank to know the value of the property.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Notary\"><\/span>\n<strong><span style=\"color: #000000;\">Notary<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000000;\">It is necessary that an official endorse the legality of a mortgage contract, as well as to guarantee security to the mortgagor. Therefore, the bank must commit to guarantee this service.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Gestoria\"><\/span>\n<strong><span style=\"color: #000000;\">Gestor\u00eda<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000000;\">In order to follow up on the mortgage process<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Taxes_on_legal_acts\"><\/span>\n<strong><span style=\"color: #000000;\">Taxes on legal acts<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000000;\">The purpose of these taxes is to legalize the documents necessary to begin the mortgage of a real estate property.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Registration\"><\/span>\n<strong><span style=\"color: #000000;\">Registration<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000000;\">A fundamental requirement to continue with the process is to register the property.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_expenses_does_the_mortgagor_cover\"><\/span>\n<strong><span style=\"color: #000000;\">What expenses does the mortgagor cover?<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">The reduction of expenses to be covered by the client has been significant in recent years; however, it is necessary to cover the following expenses:<\/span><\/p>\n<ul>\n<li><strong><span style=\"color: #000000;\">Copy of the deed<\/span><\/strong><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">Indispensable for future clarifications.<\/span><\/p>\n<p><strong><span style=\"color: #000000;\">Different types of commissions: opening, repayment of advances, subrogation.<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">These fees depend on the financial institution with which you make your mortgage application.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Expenses_to_be_taken_into_account_in_addition_to_mortgage_expenses\"><\/span>\n<strong><span style=\"color: #000000;\">Expenses to be taken into account in addition to mortgage expenses<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-33893 size-full\" src=\"https:\/\/www.cblspanishlawyers.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios.png\" alt=\"mortgage expenses to be taken into account\" width=\"2000\" height=\"1333\" srcset=\"https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios.png 2000w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-300x200.png 300w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-1024x682.png 1024w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-768x512.png 768w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-1536x1024.png 1536w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-370x247.png 370w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/02\/gastos-a-tener-en-cuenta-hipotecarios-760x507.png 760w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">Thanks to the mortgage expense clauses, customers do not have to bear the costs of documentation. However, it is important to note that there are other expenses that the client must comply with.<\/span><\/p>\n<p><span style=\"color: #000000;\">For example, it is necessary for the client to take out homeowner&#8217;s insurance, so that his investment is not lost in the event of an accident of any kind. In addition, the client may choose to take out a life insurance policy to support their immediate family members. Both loans can be offered by the bank where the mortgage process is being carried out.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Claiming_mortgage_expenses\"><\/span>\n<strong><span style=\"color: #000000;\">Claiming mortgage expenses<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">Another point in favor of the mortgage expense clauses that have been established in the past 2022 is that it guarantees the harmed clients. That is, if you went through a mortgage process and paid an excessive cost for such process, you can demand a refund.<\/span><\/p>\n<p><span style=\"color: #000000;\">As agreed last year, if a customer proves that abusive clauses were applied to him, he can demand a full refund of the excess costs. To do so, a court must examine the case and determine whether arbitrary mortgage expenses were incurred. This may apply even if the mortgage is already paid off.<\/span><\/p>\n<p><span style=\"color: #000000;\">In conclusion, if you are going to carry out a mortgage process or you have already done it and you consider that you have incurred excess expenses, you can turn to an expert. Only an expert will be able to advise you properly on the subject.<\/span><\/p>\n<p><span style=\"color: #000000;\">For more information about experts in legal matters we advise you to go to the following <a href=\"https:\/\/www.cbleon-abogados.com\/en\/\">link<\/a>. On the other hand, if you are interested in learning more about mortgages, we suggest you consult the <a href=\"https:\/\/www.diariojuridico.com\/clausulas-de-gastos-hipotecarios-reclamacion%EF%BB%BF\/\" target=\"_blank\" rel=\"noopener\">following page<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since 2015 there has been a lot of debate regarding mortgage fees, as many people consider them excessive. That is to say, expenses such as: notary, registration, agency, appraisal and opening commission. In view of this problem, clauses have been established to regulate this process. That is why we inform you about the new measures to regulate mortgage expenses. Updating&hellip;<\/p>\n","protected":false},"author":5,"featured_media":33890,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[170],"tags":[],"class_list":["post-33897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/comments?post=33897"}],"version-history":[{"count":0,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media\/33890"}],"wp:attachment":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media?parent=33897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/categories?post=33897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/tags?post=33897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}