By Welex, lawyers in Spain specialising in real estate law.

The health crisis situation in Spain caused by the coronavirus Covid 19 and the Royal Decree Law 11/2020 puts many people in a situation of special vulnerability.

Some, foreigners in Spain with loans without mortgage guarantees, who are limited or sometimes unable to comply with such loans due to the health situation. In the same way, we find those who have guaranteed, by means of a bond or guarantee, the fulfilment of the obligations contracted on the occasion of these loans.

Throughout this blog the lawyers in Spain specialising in real estate law of our firm Welex are pleased to expose the essential lines to suspend the payments, managing to give financial relief to the already complicated, health crisis situation.