Angel de Miraflores

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02 May 2007 12:00 AM by helen wright Star rating. 23 posts Send private message

Has anyone heard anything about when the licence of first occupation will be issued for Angel de Miraflores development? we have not completed yet as we are waiting on this and in the meantime, we hear that some large developers are going under,! worried that we may lose the whole lot if we wait much longer.



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02 May 2007 5:19 PM by FibbyUK Star rating in UK, Surrey & Playa F.... 2349 posts Send private message

FibbyUK´s avatar

hi helen,

Have you searched for your development in the "Development Threads"?

You may find other buyers there talking about the same thing, if not, start a new thread.

Hopefully you can share experiences with others.

Kind regards,



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02 May 2007 7:40 PM by sunbelt Star rating. 63 posts Send private message

 

That is the problem that many face

My advice in this instance from my very good solicitor who was confident that the L.F.O would be issued was to complete to safeguard my interest ie 30% deposit.

What other options are open if you dont sign ?

I took the extra decision to mortgage the property on an 80% interest only mortgage so which ever way I either have a  property and cant loose my deposit and if  it all goes wrong then its the Banks property.

 I may be able to look for compensation if there is any going if things go bad as I have the titles of a property which you dont have at the moment.

At the moment perhaps you are in limbo but this is my opinion only and suggest a good solicitor.

 

I rent the property out or use it for holidays

 

Regards to you

Jim




This message was last edited by sunbelt on 5/2/2007.



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