I act as guarantor on a mortgage on a spanish property

Assignment Help Humanities
Reference no: EM13572518

I act as guarantor on a mortgage on a spanish property owned by a spanish limited company. I have a guarantor agreement with Barclays bank (based on UK not Spanish law) who provided the loan.

The mortgage is interest only and based on libor rate. Barclays have admitted manipulation of the libor rate and would have been aware of this at the time both the mortgage was arranged and the guarantor agreement was signed. I have adivsed Barclays that I am no longer prepared to act as guarantor to the loan since it is my view that the mortgage agreement is void. Would appreciate your views please.

Reference no: EM13572518

Questions Cloud

Delicious cake factory normally sells their specialty cake : 1- diamond company produces a chair that requires 5 yds. of material per unit. the standard price of one yard of
A company has fixed costs of 90000 its contribution margin : a company has fixed costs of 90000. its contribution margin ratio is 30 and the product sells for 75 per unit. what is
Explain what type of audit report is used when the entity : explain what type of audit report is used when the entity would not allow the cpa to confirm any of the accounts
What will the required deposit today be in order to be : what will the required deposit today be in order to be able to withdraw 19000 in 4 years and 18000 in 14 years if the
I act as guarantor on a mortgage on a spanish property : i act as guarantor on a mortgage on a spanish property owned by a spanish limited company. i have a guarantor agreement
Clarkston inc has 400000 of 12 bonds callable at 102 with a : clarkston inc. has 400000 of 12 bonds callable at 102 with a remaining 10-year term and interest payable semiannually.
After analyzing the data prepare an income statement and a : this information relates to alexis co. for the year 2012.retained earnings january 1 201267000advertising
Explain what typ of audit report is used when the company : explain what typ of audit report is used when the company changes from lifo to fifo for inventory costing this change
The fair view golf amp country club details the following : the fair view golf amp country club details the following accounts in its financial statements.abaccounts

Reviews

Write a Review

Humanities Questions & Answers

  Plan to improve correctional facilities

Women imprisonment should be facilitate with certain correctional facilities. In this paper, we have discussed about the plan for improving correctional facilities for the women prisoner in America.

  Situation analysis of food security in new zealand

This paper aims to present, discuss and analyse factors that are causing low food security, the management, current and proposed solutions in New Zealand (NZ).

  Social services on human traffic

The research study is limited to the understanding of  how social service agencies could approach or respond to the needs of the victim/ survivor of sex trafficking.

  Social deviance: the issue of risky sexual behaviour

The issue of deviant behaviour has been discussed by various sociologists from a number of perspectives.

  Race and racism

This paper is a brief description of the study, discrimination pertains to the prejudice perception and treatment of a person or demographical issues belonging to a category.

  Depth of challenges people face

Your own knowledge about the Depth of Challenges People face

  Project plan written report

Sufficient information to enable the organisation's Board of Executives to understand the rationale for the program and the activities required to design, implement and evaluate the program including any additional data that would need to be colle..

  Evaluation structure logical and achievable.

Health care organisational processes management, service administration, service provision and delivery

  Write an essay on locke''s theory of meaning

Write an essay on Locke's theory of meaning

  Leadership reflections paper

Write a paper on Leadership Reflections Paper Summarizes and reflects upon leadership ideas gleaned from the four required readings

  What role has feminism played

what role has feminism played in our appreciation of their work today.

  What subject matter choices were available to women artists

Prior to the beginning of the twentieth century, what subject matter choices were available to women artists? What cultural and historical influences placed limitations on their choices?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd