08 Dec 2008 10:27 AM:
Hi,
I successfully obtained a full refund of my deposit earlier this year, after succesful execution of my bank guarantee (held with Banco Poplar).
The completion date of my property (Phase 3) was suppose to be March, 2008, which also coincided with the expiry date of the guarantee (no surprise there !). In order to avoid any dispute from the bank, my solicitor commenced proceedings to execute the guarantee at the end of January. He used the grounds that Peinsa could not possibly complete on time.
I hope this helps.
Simon .
Community thread:
current info please
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