IRPH MORTGAGES

Banks set the index; we set the strategy to claim your money back.

IRPH (Mortgage Loan Reference Index) is an official index published by the Bank of Spain that many lenders marketed as “more stable” than Euribor. In practice, it has often meant higher monthly payments and more interest paid over the years.

At PEREZ DOMINGO, we review your mortgage deed, compare scenarios (IRPH vs. Euribor), and support you in seeking a declaration of nullity of the IRPH clause, its replacement with a transparent index, and a refund of the amounts overpaid.

We explain how to proceed, what documents you need, and what the next step is.

Our commitment: We only charge if you recover your money.

WHY CAN I MAKE A CLAIM?

The CJEU (03/03/2020 and 12/12/2024) has made it clear that IRPH must pass a transparency test.

It’s not enough that it is an official index—the lender had to explain to you, in a clear and understandable way:

1. How IRPH is calculated and its historical evolution.

2. That there were alternatives such as Euribor, with comparative simulations of monthly payments.

3. The financial impact of choosing IRPH for your loan.

If that information was not provided or was insufficient, the IRPH clause may be declared abusive:

It is removed from the contract, and the bank must recalculate the loan and refund the amounts overpaid.

HOW MUCH MONEY CAN I RECOVER?

It depends on your loan (amount, dates, spread, and review periods). In many cases, the financial recovery is significant.

Market benchmarks place averages around €28,000, but this is only indicative. With your documentation, we provide a no-obligation personalised estimate.

WHAT CAN I DO IF MY MORTGAGE HAS IRPH?

01.

Free review: we analyse your mortgage deed and payment receipts.

02.

Out-of-court claim to the bank’s Customer Service Department (we draft the letter and guide you through submitting it).

03.

Bank response (up to 2 months): if it doesn’t reply or rejects the claim, we assess filing a court claim before the competent court.

USEFUL DOCUMENTATION TO GET STARTED

National ID / NIE (foreigner ID)

Binding Offer/FEIN and the information leaflet (if you have them).

Mortgage deed and any annexes/novations.

Amortisation schedule and the latest payment receipts.

Any bank communications about the index.

HOW MUCH DOES THE CLAIM COST YOU?

WHAT ARE MY CHANCES OF SUCCESS?

01.

We assess whether the lender truly informed you: IRPH/Euribor comparisons, simulations, historical evolution, whether alternatives were offered, how the clause is worded in the deed, etc.

02.

If that transparency was missing or insufficient, you may be able to seek the nullity of the IRPH clause, its replacement, and a refund of the amounts paid.

WHY CHOOSE PEREZ DOMINGO?

Because we are specialists in banking law and we handle numerous cases involving abusive standard terms (IRPH, floor clauses, fees/commissions, etc.).

We offer:

A clear, technical analysis

Support throughout the entire process

Fees aligned with results.

If the bank had properly explained the impact of IRPH to you, you wouldn’t have agreed to pay more for your mortgage. Now you can change it.

NEXT STEPS

01.

Send us your mortgage deed and the last two payment receipts.

02.

We will file an out-of-court claim with the bank.

03.

If there’s no amicable solution, we will defend your case in court.

We only charge if you recover your money.

SHALL WE GET STARTED?

Comprehensive Advisory Services

Legal Area

Bank Claims

Professional Collaborations