Dear L Robinson
I agree with your last post & suggest you contact Citizens Advice. I was myself a Benatalaya buyer & suffered in a similar way. I raised money against my UK property to purchase Spanish property. I now have a doubled UK mortgage & also a Spanish mortgage.
When I contacted OV re unpaid rent they sent me monies when they could & also this document. JKS TO PROVIDE. They explained that Ricardo Miranda was involved in the sourcing of Benatalaya stock, which OV then sold. They would then split the commission between them. Ricardo Miranda & the company GCP would sort out the rental income based on 5% annual return over 3 years. When I pressurised OV to prove this they provided these documents. It doesn’t help me financially but I have filled in Creditor forms as an OV creditor as they should still owe me rental monies. My view is that if GCP had written this letter to OV then there should be a Grant Thornton claim against GCP for our benefit.
I am in contact with an ex OV employee who is promising further information. Once I have it I will make it available.
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