Flooring it: Marbella lawyer becomes Spain’s number one specialist in ‘floor clause’ scandal

Flooring it: Marbella lawyer becomes Spain’s number one specialist in ‘floor clause’ scandal

WHEN Diego Echevarria moved to Marbella from Madrid two decades ago he was attracted by the international mix of residents, the climate and, certainly, the golf courses. A lawyer, with a first-class training at the capital’s prestigious Complutense University, he landed a good job at a leading local firm, guiding mostly foreign clients through the maze of property buying. But, after going it alone, in 2006, Diego, 45, began to notice a recurring problem affecting dozens of his clients, the majority of whom had simply no idea. It mostly involved buyers who took out mortgages in the boom time between 2002 and 2009 and it was costing them thousands. In […]