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01 Feb 2011 6:59 PM:

Hi All

I am a Fairways buyer who also got my deposit + interest/compensation last year. I was told by my lawyer that Peninsula still intended to go to court to try and force completion, which in the words of my lawyer was "suicide" as they had lost every case they had brought and it would cost them loads to go to court. They failed to deliver by the completion date - end of story.  He was under the impression that this was the final gasp of a soon-to-be bankrupt developer attempting to bully people. Of course it still worries me slightly that the saga isn`t completely finished, but I guess this is to be expected. My recommendation is to keep in touch with your lawyer and save a little of that returned deposit, just in case for any future legal fees 

 

rgds



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