10 Jul 2008 9:17 PM:
Hi everyone, I'm buying a 2 bed flat at Medina Golf and have been following the forum comments with interest. Medina Golf was due to be ready in Sept/Oct 08 but has got put back to "first quarter 2009" according to Peninsula.
On 12th May I received some rental information from Sarah Bowden (Margaret Corley's PA) of Royal Peninsula Vacations SL via email address "
info at royalexecutivedotcom" (I can't put the actual address cos I've not made enough posts but you can decipher it I'm sure). I replied on 30th May and had a number of concerns about the terms being offered which I thought had changed from what was originally advertised and changed not in my favour. Below are some examples of my concerns....
example 1----- is your proposal to pay rent 6 months in arrears which is totally out of order and was not mentioned initially. The whole point of "guaranteed rental" is just that.......its "guaranteed"!! For you to suggest that the 6 month period is to ensure that the resort is suitable for rentals defeats the object of being guaranteed. I hope people in a similar situation to me put pressure on you to rethink this approach - how can we pay the mortgage from day 1 if you are not proposing to pay rent until 6 months later??........or have I misunderstood your proposal.
example 2-------the variable rental option seems to be fixed at 2 years...why??? what happened to the 2,3,5 or 10 year options which the guaranteed option offers.
example 3------variable option is fixed at 2 years yet you require 18 months written notice not to renew!!...so basically I have 6 months to monitor the situation or I am tied in to a renewal which you seem to intend to charge me to do. And by that I'm referring to the contract "renewal costs" which you casually mention being debited from my account.
I could go on with many more concerns that I raised but I'll await your personal response to my email.
As I was saying, I replied to your email on 30th May but heard nothing so sent a follow up email on 25th June, I attached a receipt report but still have heard nothing back so I'm not sure if you have received it.
So.........could either Sarah or Margaret please clarify your email addresses and telephone numbers. I know you were moving offices in May and were having new phone lines and this could have affected your email addresses although you specifically said that was not the case.
Perhaps you also wish to use this forum to address some of my concerns?
THANK YOU
ANDREW W
Community thread:
Hallo
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