15 Jun 2007 3:38 PM:
Hi again everyone,
Just had an email thro from my solicitor advising the following. I quote
At the moment we cant confirm you any date regarding the devolution of the money, first of all we have to send them a list with the clients that are interested in cancelling the contract and after that we are goingto prepare the payments, because they cant frefund the deposit at the same moment.
Of course we have to determinate a date for recover the deposit, this is something essential that has to be determinate before the resolution of the contract.
According with the contractual terms you have 15 days after the 30th jun to communicate to the developer that you wish to cancel the contract, but we are trying to do that a a friendly way, we we appreciate a prompt decision regarding conceding a new completion date or regarding canceling the contract.
We have a meeting regarding that and we are not going to charge you any legal fee for this additional work that is quite different to a normal purchase transaction, but the costs of doing the formal notification has to be paid by the clients.
Please also note that in future the developer changes his policy or if there is any problem we will see the solutions and the costs, but according with the actual situation the developer is cooperating and they seem to be open and they want to satisfy their clients. Regards
Dont know if the above helps anyone wishing to cancel. Im going to sit down over the weekend and ascertain which direction is best.regards Karen
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