Mep launches booklet to protect overseas buyers' rights

British MEP (Member of the European Parliament) Diana Wallace has published a booklet called “European Property Rights and Wrongs” this week in an effort to protect the rights of overseas property buyers.

“Property rights issues in countries such as Spain and Cyprus are by far the most pressing in the Petitions Committee,” Wallace told OPP, “and while tens of thousands face demolition, eviction or bankruptcy, the EU has been unable, or refused, to act.”

“The EU offers consumer protection for someone purchasing books, a piece of furniture or a hairdryer, and yet it has been reluctant to act to protect consumers when they make the most important purchase of their life.”

And so, she says, “I decided to launch this publication as a response to the stalemate we have found ourselves in, when defending those affected here in the European Parliament.”

Source: OPP.org.uk