05 Mar 2009 9:59 AM:

Hi All,

Sorry its took a while to 'report' back following the meeting of buyers in Newcastle last week, but I got tied up with work comitments.

However hopefully this gives you a 'View from the North'.

The main points discussed were to do with the lack of progress on the development especialy with the extreme delay or even confirmation of the 5* hotel complex. Also the fact that the Football clubs seam to have taken a complete reversal of there involvement (They no longer have their Logo's on the FV web site!)

Also there seems no information confirming the letting agency that was suposed to garuntee us a minimum return of 3% on our investment.

We also expressed concern that the clarity of our bank / insurance garuntee of when it can be acted upon, and of the additional fees required to persue this matter possibly through the courts.

We would like to act collectivley in getting our deposits returned and will all be asking our respective lawyers in spain to confirm the way to do this in the hope of bringing this whol affair to a satisfactory conclusion.

We hope to meet up again in the next couple of weeks by which time their may be some news on the cases that have allready been pursued by Lexland. This may make it easier for us all to comit to starting the process.

Regards

Bernard

Community thread: Anyone considering pulling out?

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23 Feb 2009 11:34 AM:

Just to confirm,

There is a meeting taking place on Tuesday 6.30pm at Newcastle United Football Club, St James Park, Newcastle.

The meeting is intended for anyone who has bought through Football Village and wants to discus where the development is now and what possible actions could be taken individualy or as a group.

Regards

 

Bernard McWilliams

Community thread: Anyone considering pulling out?

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09 Feb 2009 3:52 PM:

I purchased 2 apartments in Nov 2007 for completion Apr 2009, This is obviously not going to be the case now.

I have read with interest the coments posted about this development and hav had all of the so called updates from FV

I have also been advised by Lexland that some people were pursuing the bank gaurentee and that the out come will be in 3-5 weeks.

This 3-5 weeks seems to be a stuck record as that was the case in Nov, Dec, Jan and now feb.

If anyone is interested, I am organising a meeting of purchasers to be held on Feb 24th, 6.30pm at St James Park, Newcastle.

I have allready contacted some purchasers and I would welcome contact from others.

The Idea behind the meeting is a chance to collect all our thoughts and dealings with FV and Lexland and loomk to a way we can act together to get a suitable outcome.

I have asked for an update from FV and also asked Lexland to spell out the full process, timescale, and fees required to act as a group in exercising our BG.

Regards

 

Bernard McWilliams

I can not put my email contact as I have not posted hear so I will ask carol from sunderland to give my email contact.

 

Community thread: Anyone considering pulling out?

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