My off plan apartment is nearly 2 years behind completion date. The solicitor allowed the bank guarantee to expire in Dec 2007. I did not realise they expired just when you need it.(I was never given a copy of it when I was given the contract) I have had so many different different answers to the question: Can I recover my deposit? Most solicitors just say of course you can, just pay a very large sum of money and we can get it for you.
A few others say there is no point as the bank will just ignore the expired guarantee, and will NOT pay anything. Another says I should renew the guarantee, but the solicitor is having none of that. How can I do that myself? How do I decide who to trust and give money to?
The longer I take to decide, the less likely there will be any money at all.