If your mortgage loan is linked to the IRPH, you may claim for lack of transparency and recover the abusive interest paid.
At Rúa Abogados we review your contract free of charge, handle the claim, and only charge fees if you win.
Thousands of affected individuals trust us to recover their money.
The IRPH (Mortgage Loan Reference Index) is an official index created by the Bank of Spain to determine the interest rate on mortgage loans.
Unlike the Euribor, which is based on the average interbank interest rates in the European market, IRPH reflects the average interest rates of mortgages granted by banks (IRPH Banks), savings banks (IRPH Savings), or by both (IRPH Entities), which is the only modality still in effect today.
IRPH has faced strong criticism due to its high cost and lack of transparency. Banks sold it as safer and more stable than the Euribor, without disclosing that it would always be higher than the Euribor because its value is not calculated using the true average interest rate of mortgage loans, but rather the Annual Percentage Rate (APR), which is higher as it includes commissions and additional expenses.
Yes. Although IRPH is an official index, the Court of Justice of the European Union (CJEU) (judgment of 12 December 2024) ruled that it may be annulled if the bank failed to clearly explain its formula, historical evolution, and comparison with other rates. If the institution failed to comply with this duty of transparency, you may claim and recover overpaid interest.
Check your mortgage deed: in the variable interest clause you will see the applicable index. If it states “IRPH Entities” (or the now-defunct IRPH Banks/Savings), your mortgage is linked to this index. If you cannot find your deed, you can request a simple copy from the notary. You may also check a payment receipt: if the interest rate is significantly higher than the Euribor, it is very likely IRPH.
If you are unsure, Rúa Abogados can review your case free of charge and determine whether your mortgage is linked to IRPH.
The amount depends on your individual case, but many clients have recovered between €5,000 and €30,000. The figure varies depending on the age of the mortgage, the outstanding principal, and the difference between IRPH and Euribor.
At Rúa Abogados we can help you calculate how much you may recover. Do not hesitate to contact us for a free case review.
Yes. Nullity for lack of transparency does not expire, meaning you can claim even if your loan has been fully repaid or transferred to another bank. The only exception would be if you signed an agreement with the bank expressly waiving your right to bring legal action.
We are at your disposal to provide you with a personalized evaluation without obligation.
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