Bank Repossessions All banks that have stocks of repossessed properties have now received instructions from the Bank of Spain to SELL THEM! These recovered houses come from bankruptcies of developers or people who can not pay their mortgages. We are currently working with a Spanish agent who works with numerous Spanish banks. If you are looking for a bargain, sometimes it is a good option to take a look at the recovered properties that are owned by the banks. The banks will consider reasonable offers. Also buying a recovered property is usually the best way to get the best terms of the mortgage. Keep in mind that not all recovered properties are guaranteed a mortgage from banks, so if you need a mortgage, ask the question before viewing it. Note if you are struggling for more depth you can visit here free legal advice UK online you can also visit here legal advice online