Many were left high and dry by the 2008 financial crash, but a legal judgment means banks could be liableSurrounded by mountains but half an hour’s drive from Costa Blanca’s beaches, the old fortress town of Castalla offered the best of life in Spain for Gary Wainwright and his wife Lesley.But when they put down a deposit of €66,875 (£53,200) on a three-bedroom apartment in the town at the end of 2007, it was the start of a nightmare which continues to this day. After the credit crunch struck the following year, work ceased on the new-build and everyone involved in the transaction, from estate agents to lawyers, stopped taking calls. Continue reading…
Source : theguardian.com
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