21 Jan 2007 12:33 PM:

To all for your info.

3 years ago, we placed deposits on 3 penthouses with Aifos. 2 were on Las Cabs.

Luckily, our lawyer insisted on a clause being inserted, to say if the building licence had not been received within 6 months, then we had a right to a full refund on request.

Without going through all the sworded details, which is enough to turn you grey, we have been trying, even finally through the courts, to get refunds with no success. Our independant spanish lawyer has gone through all the correct legal routes. Aifos never ever responded, or in the end, even made any court appearances at all, and 3 weeks ago judgement was made in our favour for full refund plus interest and costs.

Good, you may think, but Aifos has still not replied in any way, and so we are now in the process of enforcing the judgement. If even this is not effective, then we have to apply for an embargo, according to our lawyer. God only knows if even that will work.

Any one who has managed to get a refund from these rougue developers, has been extremely lucky in my view. Those of you who are holding on expecting Las Cabs to actually be built, cross your fingers, I wish I had your faith. If it ever happens, youre in for a long wait. You like us, are a very cheap form of finance.

If you do decide to ask for a refund, expect to be totally ignored. We were.

 

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