Bank Guarantees: All That You Ever Wanted to Know but Were Afraid to Ask
We secured a property with deposit November2004. We paid 50% of the purchase price of our off-plan property in January 2005 due to be completed May 2006.
Building work on the site commenced, then stopped due to legal problems. Our property never even started.
We advised our lawyers in April 2008 to cancel and recover our money. We supplied power of litigation September 2008. We are still waiting and the lawyers never give details of procedure they are following or what is happening although I e.mail regularly. Bank guarantee expires May 2009. What can I do, how long will it take?
Bank Guarantees: All That You Ever Wanted to Know but Were Afraid to Ask
Is there such a thing as a partial Licence of first occupation? If yes what is it have how does it work?
Bank Guarantees: All That You Ever Wanted to Know but Were Afraid to Ask
I purchased an off plan development in Arenal Golf, Benalmadena in 2005. We cancelled via our soliciter in 2008 but are still waiting. The solicitor offered us to join in litigation but for an additional 7000 euros and to be honest they have been that bad and never kept us upto date I don't want to give them anymore of my money. We have a bank guarantee but this seems to make no difference they are refusing to pay. We are at our wits end what can we do? We are owed £50,000
Mark & Chris
Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
Hi, we have just received 77,000 euro's banc guaranteed from banc of popular but no interest or our 1st intial deposit,3,000 as per our contract with peinsa? we have had such a bad year with all what they have put our two families through, can you give advise ref; 1st deposit and interest as the interest over 2 years and 4 months is 14,200 which is a lot of money for our families who sold family homes to secure these properties and was living in rented properties for over 2 years. Peinsa builders have cost our two familes a fortune.
HOPE YOU CAN HELP,
many thanks kind regards
Msr Jackie Hearn
Fot The Hearn & Hunter families