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Hi All,

Well just returned from a sometimes very wet Murcia region following a failed completion,and now due to complete on Wednesday this week.

Received a letter from our solicitors and he made me aware of something which could impact on all of us and cost everyone a lot of money.

QUOTE " There is an existing legal local charge over the property related to the urbanization expenses of the Town Hall"

When I asked our solicitor about this he said that the Town Hall had done this to ensure that they did not get left with any costs of the urbanization. 

Accepting that PW cover all of these costs this still leaves the legal charge to be discharged, possibly at our own expense sometime in the future. 

However If PW did not cover all of these costs then the Town Hall could charge these costs to each and every owner.

2 Questions        Does anyone know any more about this? (I am contacting PW Customer Service today)

                              Those of you who have completed has your solicitor brought this to your attention???

Incidently We are not using CAM Bank for our mortgage. (May or May not be relevant)

Phil



This message was last edited by stonephil on 7/21/2008.

Is it related to the the local rates? One section of our soliciors paperwork require 'detailed copy of Local rates direct debit'

Phil

My solicitor  mentioned this during our completion on Fri and said it was perfectly standard practice.  She Explained that PW would have a number of registered charges on the porperty - which get picked up by searches PRIOR to completion. During the completion process itself, the solicitors, plus the Notary, make sure that the charges are cleared before you take ownership yourself (this is why you're in the Notary office for several hours).

The reference to the urbanisation charges is basically the local council sating that they are not going to pick up the tab to maintain the Jardines or infrastructure that serves it -  which as we already know - is what the community charges we end up paying will cover. 

I can't remember the exact wording of the charge but it sound very similar to what you've quoted and my Solicitor said it was absolutely standard practice for this type of development....

Hope that helps
Russ

Hi Russ,

Thanks for that. 

I was not too worried by this as so many people have completed with PW over the past few years if there was a problem I am sure it would have been raised many times before and sorted out.

I guess our solicitor is just doing exactly what we are paying him for.

Phil