The Supreme Court has set 30 September as the date to rule on the appeals already admitted for processing on the mortgages referred to the IRPH, after the EU Court of Justice ruled in March that it is the Spanish courts that should decide.
In an order dated 17 July, the civil division of the Supreme Court explains that on 30 September it will rule on all appeals already admitted on the matter.
In March of this year, the European Union Court of Justice (ECJ) decided that it will be the Spanish courts that will rule on the lack of transparency of mortgages taken out with the mortgage loan reference index (IRPH).
But it avoided declaring the index null and void, in line with the Spanish Supreme Court, which in November 2017 considered that the mere reference of a mortgage to an official index did not imply any lack of transparency or abuse. Read more
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