23 Feb 2009 10:32 AM:

Thanks to Patch and Brianp for your comments. I have contacted my lawyer for advice if I wanted to pursue the issue myself. The lawyer needs a Power of Attourney, that would cost £100 and would want 1,800 Euros up front. Possibly another 2,000 Euros and a minimum of 2 years to process this through the courts. So a long process with no guaranteed end date and a minimum of £3,500 with no guraanteed maximum. A duanting prospect to go it alone.

I will chip in the the MAG (when I find out how to) can anyone advise me of direct contact for this.

I will look on internet. Any additional responses would be welcome form MAG members.

Regards Billy Boy

Community thread: GT: Please propose a new solution for the TH project

--------------------------------------

18 Feb 2009 8:53 AM:

Dear All, I have just received a letter from the agent who sold me an apartment on Trampolin Hills. It obviously originates from TH and is offering 8.5% discount on the price of the property if I accept and return signed document before end of Feb. However there is only an estimated completion date of some 18 months from now.

I don't believe 8.5% dicount is in anyway generous taking into account the unspecified delay and the fact that the Euro exchange rate has deteriorated by approx 30%. Also my understanding of the contract is, if the property is not delivered on time, the purchaser has 2 options, accept compensation (again unspecified) or get their money back. Is this considered option 1. Any thoughts.

Question. Has anyone started procedings to get their money back i.e (the MAG) or any individual. Has anyone made progress or been successful.

 

Billy Boy

Community thread: GT: Please propose a new solution for the TH project

--------------------------------------

23 Dec 2008 4:44 PM:

Can someone give me a brief update on the situation with the Trampolin Hills development. This is my first visit to the website and neither the agent who sold me the property nor GT are responding to my requests for info.

I purchased an apartment on Phase 2 which should have been completed Oct 08, my understanding is that GT have an aditional 6 months to complete before they are in default. i.e April 09.

I would like my money back, can I take any action prior to the above date?

Is there a group formed to take joint legal action thereby spreading the costs?

Billy Boy

Community thread: GT: Please propose a new solution for the TH project

--------------------------------------