21 May 2007 12:00 AM:
We need advice on completing on a new property at Sierra de Yeguas when the developer has left the development and gone bankrupt.
We are being pressured to complete our purchase or loose our deposit. We have been told that the development is finished and has a habitation licence, however our house was supposed to contain all white goods, light fittings etc and all these together with the kitchen units themselves have been removed from the property and we are being told that these will be re-installed when we have fully paid for the house. The communal swimming pool needs finishing and filling with water. We are most concerned that with the developer going into receivership that none of this will be attended to and that there will be no one to attend to any snagging requirements or in fact any major constructional defects that may arise in the future. We have asked to have our deposit refunded and have been told by the agents to complete otherwise it will be handed over to the receiver and we will loose our deposit. Can anyone advise please. Valerie
Thread:
Completing on new property when developer has gone bankrupt
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