la tercia real lawsuits

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11 Mar 2010 12:00 AM by v.j Star rating. 2 forum posts Send private message

Hi

I have been buying property in La Tercia Real for over 5 years.

only to have the builders stop building, i was fortunate to have bank gaurantee, so pursued the bank for my money.

This was paid to me relunctantly last year, after threatening them with court action.

But the interest on the money,i was advised to sue the developer (Peinsa)

Solicitors told me i would be able to sue for interest on the money,my initial deposit,court fees, and all my solicitors cost, plus any exspenses i would incure.

So i agreed.....well who wouldnt....solicitors took 5000 euros from my money which had been returned from the bank to pursue the lawsuit.

Well wouldnt you!!!! if solicitors tell you you are entitled to 20.000 to 25.000 euros.

I have won court case...with Peinsa...they had been issued 28 day to comply. this was back in November....

But nothing...apparantly they are hooked up to the hills in dept....with no assets morgage free.

But yet again..this week recieved letter from solicitors, that they had met with Peinsa solicitors and come to arrangment,

that they pay me ....and many others in the same situation....2000 euros...and any court fee left.

But Imont solicitors will have had there fee from cliants up front...so what court fee would be left.

Just feel that the solicitors acting for myself and many others in this situatio have sold us down the river.

Are they acting for us or for the developers solictors....as you know ...in spain ....they are all in bed together..

The spanish system Sucks!!!! and we brits are baring the brunt of these laws...and been ripped of all ways.

I feel sick in my stomach, and have lost all trust in the legal system in spain....my dream has been shattered.

I have over the last 5 years lost money , in solicitors fees, bank charges,valustion fees from banks with false promises of morgages. The banks charge for everything. and also gave me no interest on my money in spain for 18 months, this is the money returned to me from bank gaurantee.

 

 




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13 Mar 2010 10:26 AM by cjas Star rating. 2 forum posts Send private message

I to have an appartment reservered on Roda 4b.  I only paid the 1st 15% dep back in late 07.  I have refused ever since to forward the 2nd half as it became very clear that they would not hit the deadline for build.  When I looked at it realistically at the date it would be completed 2011, earliest.

I instructed a solicitor to act on my behalf last year for full return of my money due to breach of contract, selling a property with no building licence and / or consumer rights.  I have been told that I am in breach for not paying the second depposit so a court would rule in their favour!

I have extended my gaurentee as to offer alittle protection for myself.  Roda have contacted me every 3 - 4 months chasing the second deposit but offer nothing in return.  The are avassive, rude and lack integrity!

The real situation is very alarming due to the real ecconomic situation.  I hope like me, you find the strength to hit them where it will hurt and not be bullied into purchase.  Hang them out to dry like they have us!

I now understand there are official groups fighting together.  Does anyone have details of these?  Lets take our fight to the European Court, slow them down and bring as much attention against them as possible.

There will be no De-Vere in forceable future, many owners have many gripes and there are so many empty properties.  They can not take us all on and sustain their other development, that is a fact.

I am very interested in hearing from anyone re; the above!




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