quote: Any advice to walk away from a property would come with reluctance as there can be an order made in Spain to recover loses from UK assets.
Is it possible for a court in Spain to "make" an order for losses to be recovered in the UK?? Doesn't seem logical, UK and Spain are different countries with different legal systems.
"Under EU regulations, Spanish lenders can pursue outstanding mortgage-related debts against assets in the UK,” says Susana de las Cuevas, a dual-qualified Spanish and British solicitor with Irwin Mitchell in London. “Ignorance is no defence, so you can’t argue you didn’t know you would be liable in the UK.”
