On the one hand it looked like good news when the Spanish Supreme Court ruled that banks, rather than borrowers, should pay the tax that arises from notarising and inscribing a mortgage deed. This legal decision overturned a previous ruling that took a very different view and put the onus on the borrower to pay these fees. However, upon appeal, it was then overturned by the Supreme Court, causing disappointment and confusion before the government finally stepped in and ruled that from now on it would indeed be the lenders - not buyers – who’d have to pay the
Stamp Duty tax.
