Help to reclaim a deposit on an unfinished development?
Monday, November 14, 2016 @ 4:14 PM
“Can I reclaim a deposit for an unfinished development” is becoming a question of many lately.
You can now reclaim deposits on Unfinished Developments ...
Pre-2008 many property investors purchased unfinished off plan properties in Spain. It was an attractive proposition and purchasers where asked to put down a deposit. Unfortunately, unfinished developments litter parts of Spain and those who put down deposits lost their funds and their dream property. You can now reclaim deposits paid.
Now is your chance to reclaim your deposit!
Following a recent high court ruling it is possible for borrowers to get back their deposit which was lost during the property crisis in Spain.There is now help to ensure wronged investors can reclaim deposits.
How much can I reclaim?
In most instances, you can recover 100% of your lost deposit plus interest accrued from the date of payment. If you can provide evidence of the monetary transaction and purchase contract then this should be sufficient to commence proceedings.
How will the process work?
- Seek advice from industry experts - ensure you meet the team prepared to take your case on and that they are willing to work on a no win no fee basis.
- Gather all documentation needed i.e. proof of payment and contract for the transaction.
- Finalise Spanish Power of Attorney and small appointment fee to file documents and allow representation in Spain.
- Wait for your Refund and move on with your life!
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