Surrenda Link Mortgage Funding has formally responded to a claim filed by a number of victims of the Equity Release and have, fundamentally, denied any responsibility in selling anything but an English loan guaranteed with a Spanish mortgage.
Surrenda Link argues the following:
- That the victims were not resident at the time of taking out the loan.
- That the “product” is not a complex one but a type of “reverse mortgage” that almost all Spanish banks offer -without them being accused of tax fraud-.
- That claimants were correctly advised of associated risks by their lawyers and financial advisers.
- That the “product” and its promotional literature was offered to financial advisers (IFAs) based in Spain, who were hired by the claimants, at their own peril.
- That SLM and Premier did not offer, via joint venture, any financial product to the claimants.
- That this mortgage loan is fully valid for IHT mitigation purposes, in accordance to a report prepared by a “prestigious” lawyer, Carlos Albiñana, who has dreamt up a theory whereby if you take out a loan on your house to acquire a Ferrari, your children can certainly deduct this loan for IHT purposes. In his defense, we can argue that he was just too lazy to submit an enquiry to the Tax Office, as ERVA did in 2013.
The Court has ordered the parties to appear at the Bilbao Court of First Instance on the 11th of November of this year.
Lawyers for claimants are currently analyzing the allegations submitted by the defendant having noted that the acting lawyer, Gunter Helding, boasts in his published CV being the
designer of a financial product involving mortgage loans for a British investment firm.
Can we safely presume that he is referring to THE PREMIER GROUP and SURRENDA LINK? We most certainly can.
Premier/SLM have been trotting out this litany of nonsensical excuses ever since their criminal scheme was exposed … and like the Premier “SITIRS” scheme itself it is a collection of despicable lies!
1. he “victims” were not required to be “resident” to be obligated to Spanish tax liability.
2. The “product” was linked to Premier´s complex investment vehicles only suitable for professional investors.
3. The claimants were “advised” by unqualified spivs who Premier/SLM paid via Caribbean shell companies.
4 Premier/SLM recruited and paid the unqualified spivs… The claimants did NOT “hire” them.
5. Premier/SLM produced marketing brochures and held public seminars to promote the “SITIRS”.
6. Premier/SLM cynically encouraged people to sell their houses and then transfered the capital into one of Premier´s incompetent investment funds.
Or in other words – this was an elaborate “scheme” to raise capital for Premier´s joke funds which have never shown a profit to anybody – except Premier and their cronies..
Every time Premier and Surrenda Link open their mouths a load of rubbish comes tumbling out.
It defies belief that anyone could believe their lies.
Anyone that is except Isle of Man regulatory “authorities” who endorse this disgusting behavior.
And while this is allowed to continue more elderly people will be crushed by the likes of Premier. Stop abusing pensioners with your ridiculously useless investment funds, nobody wants them and you are not welcome in Spain. Clear off with your illegal funds/schemes and take your team of unqualified, unlicensed and unregistered spiv conmen with you!
Lives have been ruined and elderly people have suffered illness and premature death thanks to schemes and financial products hatched by Premier and their banking partners … Disgusting, truly disgusting, thank the Lord there are people with courage like Antonio Flores who will stand up and fight them.
Muy correcto!
Q. Who invited the Premier Group and its illegal financial products into Spain?
A. Certainly not the Spanish government regulatory bodies!
Q. Who recruited spivs to target pensioners with useless/illegal financial products?
A. The Premier Group
Q. Who paid large commission to these spivs via shady off-shore shell companies?
A. The Premier Group
Q: Who bewildered/harassed vulnerable, elderly people with outrageous claims?
A: The Premier Group
Q. Who received/retained bank transfers knowing they were obtained by deception?
A. The Premier Group
Q: Which Isle of Man fund provider has never launched a financially viable product?
A: The Premier Group
Q: Which sick/dishonourable regulatory body allowed Premier Group to operate?
A: The Isle of Man government
Q: Which company will be pursued until every penny taken is returned?
A: The Premier Group
Fácil y seguro