We have now been offered a Cancellation Contract by our 'lawyer'.
The 'lawyer' initially told us, via a phone call, that we had a Bank Guarantee and that they would forward a copy (December 2005)
We left it a few weeks before contacting them to say we hadn't received it. We were assured everything was ok, and that they would send another copy.
After several months it became clear that we did not have a Bank Guarantee, and in July 2006 we were told that the Building Licence had been declared illegal and all work on the development had stopped.
The 'lawyer' refuses to take legal action against the builder, but has now offered a Cancellation Contract accompanied by a Promissory Bill for our deposit/stage payment (approx £55,000) which they state will have a payment date of "January or February 2008".
Has anyone else been offered a Cancellation Contract and Promissory Bill, or more importantly, has anyone claimed on the Promissory Bill?
Anyone in the same situation (problems with 'lawyers' etc, no Bank Guarantee, forced completion etc) should take the time to fill out the online petition at www.spanishpropertyscandalpetition.co.uk
JasonThis message was last edited by jason2007 on 6/27/2007.