06 Jan 2009 8:06 PM:

I can fully understand why those who have bought and 'been through the mill' of the Spanish legal system  tend to look on the ;greenhorns' who complain about the lies deception and general arseing about that you have to accept to be admitted to the 'ex pats' club, as whingers but the sad reality is that in the 21st Century no western nation should allow the level of corruption and routine embezzelment that unlucky brits have to hurdle to buy a usuallly small and not well built piece of concrete jungle in the sun. Contarcts are binding agreements except in Spain when they are left to the the interpretation of Builders and a legal system bui;t to protect local interests against 'aliens'.

I live in Scotland, its wet its cold, its violent at times, its expensive....sorry was but looking better by the day against euroland. The NHS is ....free, systems are there to help anyone with needs and lastly it has laws to protect consumers rather than to shaft them. I was a spanish fan and hopeful homeowner now I am a much poorer and far more wary individual who would be loathe to have any more dealings with the country, Turkey seems much better. Honest and upfront buying is easy transparent and bereft of those slimy creeps who infest the atlas range (not necessarily in morocco).

Daved and Annette

Thread: Currency dilemma

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19 Dec 2008 10:24 PM:

I am glad to see that my opinion whilst amateur and based on nous and geusstimation is backed by a professional. I have decided that even if I have to take a serious bath in losing my deposit on the off plan hovel that this is a more attractive option than being lumbered with an overpriced massive mortgaged and unsaleable piece of mediteranean real estate.

God help the Spanish, unlike their French and German leaders they dont really produce that much and have relied for most of their goodies on the travelling Brit, pissed off with the weather and high prices in blighty. Not any longer and when the penny really does drop the spanish economy will be worth less than a tinkers cuss as the Brits will stop going and those that are there will be forced to come back (although something tells me that Farmer Brown wont be unhappy to see all that pension money coming back into Britain) So glad I bought a wee cheap but beautiful flat in Turkey where money still has some value.

Daveandannette

Thread: Currency dilemma

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17 Dec 2008 12:31 PM:

We were in the process of buying but with the house being off plan what started as a £85k duplex is now heading for the £120k with purchasing costs so we are in process of cancelling. The house is already three months overdue and we are now having to take the builders Torrevisa to court to get part of the deposit back as they seem to have a problem reading their own contracts. Caveat emptor was never more important. I would advise anyone not to use any of the big british based estate agents who have, in my opinion, badly let me and my wife down and are only interested in their own interests and that of the builders not the poor cannon fodder that sign up to be shafted.

As to exchange rates, I firmly believe that things can only get worse and would predict that the £ will fall to less that €.90c before a long and protracted recovery to parity when the pound will then join the eurozone. This, again in my opinion, is being manipulated politically by farmer brown and his wee darling to suti their long term political aims e.g. the destruction of HBOS and RBS as the powerhouse of the Scots financial  sector Farmer Brown will now say to the nationalists at next election that they do not have the financial infrastructure to support independence anymore, similarly this tactic will be used to move the pound into oblivion and join the eurozone.

Dave

Thread: Currency dilemma

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