to sign up or NOT?

Polaris pushing for me to sign up etc what advice would people say giving the posts im reading on here about polaris do i walk and loose my deposit?

Take good independant legal advice

it may be better to have a ' property you own' with a full tilte than be ' just a creditor' if the re finance goes wrong

there may be problems to follow if you do complete with the administration of the Resort

But still the general opinion is that it is better to have a title to a property than not

One option is to get a mortgage , even for a small amount to complete, and provided you have good legal advice you will know that you have the title free of debt...otherwise the Bank will not give you a mortgage

Do not mess about- I do not know whether PW will go into administration or not  but it is pending

Again you must take legal and financial advice before you make a decision

On this thread no one can give you advice - it's your decision with good independant advice   

thanks for reply theres the other problem i have a solicitor who is dealing with things and no bank is willing to give a m-gage on polaris property at the moment the builders m-age say the amount i need isnt enough they will borrow me more but i dont need it

Hi TVR,

Just to answer re only the point on a mortgage, and to confirm banks are giving mortgages on Polaris properties,

 We have not had problem in getting our mortgage approved as we buy of the bank, in this case Banco Popular. There was no problem to achieve the 100% we needed at a very good interest rate., no minimum rate, no penalty for early repayment and the first two years interest only fixed at 2%. You can send pm for contact as I dont want to advertise.

Robin and Bev