dear sirs I bought off plan unaware that I needed bank guarrantee. I paid 350.000for the apatment and signed the escratura which was notorized. After three years the bank told me that they are putting the apt up for auction because the developer still owes them money, on the development. I have been told by lawyers there is nothing I can do unless I want to pay235.000 euros to the bank. This being the sum the developer owed including three years interest and expenses. The developer went into liquidation and millions of euros worth of assets were taken...why wasn't the bank entitled to take what he owed from that money. The developer now lives in Peru.I am 74 years of age and losing my apatment is devastating. But truly no one seems to care.