27 Feb 2010 11:44 AM:
Hi All
We are also buying on Fairways and are concerned. When we spoke to our solicitors and they said they had a few clients who had tried legal action and had failed, having also to pay costs.
The other week we received a letter from Peninsula saying we needed to visit and to inspect & complete but we have told them on the advice of our solicitor we will not complete until the first occupation licence has been granted.
We have also yet to source a mortgage and understand from our adviser that it won't happen until first occupation has been granted - we have heard nothing about this from Peninsula or about the guarantee scheme or the valuation.
When we visited in November last year we were advised by Sharon that Peninsula in Madrid had taken over the guarantee rental scheme and details were imminent. We are still waiting.
Community thread:
I am in shock!!
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