04 Mar 2008 3:12 PM:
Hi Sharon
We took the risk of taking our solicitors advice and cancelling the contract with the builder in August 07 & signing a new one which our solicitor said would stand up in court, more than if we remained on the original contract, due to the builder having applied for the Habitation licence in July 06, so not his fault that there was a delay, and he could end up being made bankrupt if the delay continued.
We could not find any bank guarantee, although we were advised there was one in place and no one on this website sent me a copy of theirs.
We were therefore unsure if we would get any of the money back so took our solicitors advice.
The builder has however paid the first 2 instalments, the last one is late, but according to our new contract he was to pay us before (or on) sale of the apartment if sold before the payment due date.
Hope we all get all our money back!
Bye for now
Jill
Community thread:
Jardine de Palomares
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