Brit Avoids Extortionate UK Train Fares by Flying to London Via Spain

Brit Avoids Extortionate UK Train Fares by Flying to London Via Spain

This just shows us how much the uk is over charging for everything 

Even though environmentalists might not be fans of it, plenty of smart travellers are coming up with new and impressive ways to avoid the extortionate rale fares in the UK. Most of the time this involves taking a quick flight to Spain.

The latest such savvy Brit managing to avoid British rail is 21-year old student Joe Furness; who saved £40 by flying from Newcastle to London via a stop in Menorca rather than coughing up the £78.50 it would take to catch a train.

Furness shied away from the rail fare, opting to catch a flight to Menorca from Spain for just £15.99, returning to the country the next day on a £10.99 flight from Menorca to London. Even though not everyone would have the luxury of a spare day, the tale of this student should serve as a reminder to travellers that they should always shop for bargains rather than taking what they feel they are forced to.

Furness hired a car in Spain for £7.50 and travelled across the island during his 12-hour layover. Furness talked to Metro.co.uk, saying that he thought “why not?” when he saw how much the train ride would cost. Instead he chose to fly to Menorca through Thomas Cook, relax on the beach with a cocktail, and then fly to London to meet his friends.

Furness added his friends had thought he was joking when he told them that he would be flying into London from Spain, and that they didn’t believe him until they picked him up at Gatwick airport.

While it sounds like this tale only came together thanks to chance and circumstance, it doesn’t change the fact that flights from the UK to Spain are very cheap, which has done wonders for Brits looking to purchase homes.

Given how easily and cheaply anyone in the UK can get to Spain, it brings them one step closer to their dream of owning a home in thesun.

Potentially up to 100,000 Brit Investors May Receive Spanish Property Compensation

Potentially up to 100,000 Brit Investors Can Receive Spanish Property Compensation

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The financial crisis of 2008 has been especially harmful to property investors as property developers failed to secure their customer’s deposits before the worst hit.

The BBC has reported that an estimate of up to 100,000 Brits could very well receive compensation if they invested in property and lost their money.

Spanish Legal Reclaims (SLR) is the law firm behind this estimate and they believe that, as a result of a Supreme Court ruling from 2015, Spanish developers need to now pay back investors who invested in property marketed as off-plan. It’s been estimated that the Brits could receive up to £20,000 each in compensation.

One aspect of the boom in Spain was that people rushed to buy unbuilt homes “off-plan” so that they were able to get the best deals on the property. After the market turned sour in 2008 many of the more unscrupulous developers collapsed and the money that had been invested in them seemingly disappeared so now is the time to receive your lost off-plan deposit refunds

The Chief Executive of SLR, Luis Cuervo, condemned this and said that the money should have been placed into an account with a bank warranty that could cover the money even if the company failed.

The ruling by the Supreme Court means that financial instutions are now obliged to return the money to investors if the developer goes bankrupt or just disappears.

An estimated five million new apartments were built in Spain before the financial crisis hit. Many of these properties were built “off-plan”. A lot of these developments were later abandoned however, as developers continued to default and disappear after the 2008 crash.

It looked like the buyers were last in line to receive money from these firms as creditors went after them to reclaim debts.

It’s being recommended that Brits seek out the advice of an independent law firm that knows the law before trying to submit a claim. The law also states that a claim can only be made once. If the claim fails then there are no appeals and no way to make another one.

It’s being suggested that Spanish banks could end up paying out as much as £15 billion in these
off-plan development investors in compensation payouts as they will no doubt be the hardest hit as a result of all of these payments.