¿Quien es tylersol?

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Soy... una mujer

Sobre mi... Jill of all trades.....

Vivo en... Worcestershire

Me gusta... ICT, reading, swimming

Trabajo de... Lecturer, Teacher, Trainer

Mi firma en el foro es...

Linda

tylersol's latest posts

05 Nov 2009 11:16 PM:

Anyone seen this?

Promaga/Vista Hermosa, Hercesa Dona Julia, Altos de Alcaucin and Arrohabitatge/Don Juan are some of the developers/developments which, having read a recent article published on the Daily Telegraph titled Buy-to-let investors backing out of off-plan deals face court action, are now avidly typing their lawsuits. The article goes on to say:

UK Buy-to-let investors reneging on off-plan property purchase contracts need to be aware that they risk losing more than just their deposits, warns City law firm Wedlake Bell. It said “hundreds of buy-to-let investors have already been pursued through the courts for trying to wriggle out of off-plan contracts’”.

Community thread: Phase 4

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20 Jan 2009 6:04 PM:

Recieved today from our lawyers who I have to say have always replied quickly to our questions and concerns:

Unfortunately things have changed since we last contacted. In effect, at that time construction works were suspended but we have been informed that have re started now and they are working very hard night and day to finish a.s.a.p. Of course they will not finish before the deadline, but if the delay in delivery is not too long, I am afraid we will have it difficult to get the contract cancelled and recover the money.

As I told you we have to take two different steps and it is very likely that both the developer and the bank refuse to pay and stall the matter until the First Occupation is granted. If you took them to court and the delay was short, the chances of winning the case would be little as many judges are considering a 6/8 months delay reasonable and not a reason for cancellation (for compensation at best).

Community thread: Phase 4

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20 Jan 2009 8:26 AM:

Our solicitor says he has correspondance from Promaga stating that phase 4 will not be completed at all and that we will get our money from the bank guarantee. If we claim in January we should get it by June is what we have been told. (this was in December 2008 but we were led to believe in this forum that things had picked up with phase 4 after this).We have a different solicitor to you however.

Community thread: Phase 4

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14 Jan 2009 7:03 PM:

we will try as the state of the economy (here and there) means our apartment is not worth what we will have to pay.

Community thread: Phase 4

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12 Jan 2009 7:00 PM:

We were told that if not completed by the end of January we would get our deposit back as we should have had completion at the end of October 2008 and courts will give 3 months leeway on this. At this time Promaga had stated they would finish at the end of March.

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