Just a thought at 1:50am on a cold dark rainy windy UK night on January 16th 2009 as I lay in bed can't sleep due to the cold/flu AND these thoughts come to me....
When you pay a major UK off plan property education and sales company thousands of pounds to help find you developments to invest in and THEY the educated ones do not do THEIR due diligence on the Law Firm they select for you and who turn out to be a law firm WHO CHOOSE NOT to insist on a BANK GUARANTEE until the deposit is handed over, there is a MAJOR WRONG been done to MEMBERS of that company !!!
What do you think ?
Also...
I read the following in BOLD on another thread on this site and just had to copy and paste it here....
It is vital that your deposit, and any subsequent stage payments, are covered by a bank guarantee or insurance policy to protect you in the unlikely event of the property not being built or the developer going bust
I believe there has been a very BIG error in judgement by people I trusted to help me make a good investment.
Lets hope for a positive conclusion to an easily avoidable situation.
Mark K