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Posted byMessages (sorted from oldest to newest)
Monday, January 22, 2007

westport
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I just found an article in an Irish newspaper saying that those caught up in the illegally built homes in Marbella can now insure themselves against being demolished.
The insuarance firm is IFG Spain. It offers cover for the cost of replacing their homes in the event of them being knocked down. Hopefully this is of some help to you poor sods caught up in this mess.

Westport


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22 Jan 2007 1:08 PM

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This message was last edited by JeansSis on 5/16/2007.
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22 Jan 2007 1:35 PM

westport
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You should be very careful with your thoughts about Irish people Jeansis.
You may be interested to know that if you click the link below you will find that it is an ENGLISH company that is offering this service. Now who's the stupid one ?

http://www.ifgspain.co.uk/home.aspx


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22 Jan 2007 9:04 PM

Smiley
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Steady Westport - to be honest I think you need to be really careful - from what I have read about this policy it is not for every property under dispute - from what I have read and this is by no means definite (so forgive me if I am also stupid) they will only cover those properties that look very much as if they will get the licence anyway - tread with extreme caution - there was a product offered in the UK about 6 years ago that protected clients against negative equity for a ten year period - to cut a long story short it was a scam - bit more complex than that but effectively that is what it was. I am not saying this is a scam but it is vital to check that the property one has bought fits all the small print before jumping in with both feet. Anyone considering this should tread with care.

I am part English and part Irish (actually got a bit of Scottish in me too)  and Janice is a valuable contributor - I didnt see the original post so dont know whether things were said tongue in cheek but I know that she has a good sense of humour and if she said something that appeared contentious I am sure it was not intentional -  not the type of person to insult anyone willy nilly (unless they are married or a smoker - unfortunately I am both so come in for a lot of stick)

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22 Jan 2007 11:11 PM

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I am married and a smoker just like you Smiley and I hear you have Scotch in you too, I just must get over for a drink with you some day, a man unto mine own heart!
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22 Jan 2007 11:26 PM

Smiley
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Hey babe I prefer whisky with an E -Black Bush is the ideal but anything from the Emerald Isle will do - have been known to partake of a little bit of bootleg in my time too if you get my drift
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 Sarcasm is the lowest form of wit .....but any form of wit is an achievement

NO MATTER HOW MUCH MONEY YOU HAVE GOT, IF YOU HAVE NOBODY TO SHARE IT WITH, THEN ITS JUST NUMBERS IN THE BANK.

TO ESCAPE CRITICISM DO NOTHING, SAY NOTHING, BE NOTHING!




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23 Jan 2007 11:09 AM

westport
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Hi Smiley,

I have just read your reply regarding the Marbella insurance policy. Obviously it is down to the individual to read the small print on any document. I thought I would add the link so that anyone who is caught up in this problem could decide for themselves if it was any good. As for the reply  that Jeansis first posted, I am glad she decided to edit it so quickly. I, like you Smiley am half English, half Irish so we share the middle ground here. I know she contributes a lot  to these message boards, and like all of us has a sense of humour, but me personally I  think it was a bit much. I apologise for calling you stupid Jeansis.

 




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23 Jan 2007 2:20 PM

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Gosh - is someone who is eight french, eighth italian, quarter greek and half english allowed on this forum!!! (JOKE)
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23 Jan 2007 5:56 PM

Smiley
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Hi Westport well done - takes a big man to say sorry - not that it matters to you I am sure, but just gone up a couple of notches in my opinion.

The reason for stressing that people tread with caution is that so often when buying/owning here they dont. I have lost count the times I have said people leave their brain on the plane when buying in Spain. This is an extremely new policy and while I really hope its on the level I think people do need to be urged to read the small print - many many of them dont. These people are possibly at their wits end having been given false promises about selling their investment on for them or it will be front line beach or 500% cap growth and 100% rental yield (am I exaggerating too much) and this suddenly gets thrust at them and many of them will not read the small print nor have it checked out.


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Smiley - patrick@marbellamortgages.com  www.marbellamortgages.com

 Sarcasm is the lowest form of wit .....but any form of wit is an achievement

NO MATTER HOW MUCH MONEY YOU HAVE GOT, IF YOU HAVE NOBODY TO SHARE IT WITH, THEN ITS JUST NUMBERS IN THE BANK.

TO ESCAPE CRITICISM DO NOTHING, SAY NOTHING, BE NOTHING!




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