Has anyone completed and taken advantage of the rental guarantee

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16 Jul 2007 12:00 AM by busybee Star rating. 16 forum posts Send private message

Just wondering if the advertised rental guarantee is real.  Has anyone taken advantage of this offer, and completed on their apartment?




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18 Jul 2007 1:41 PM by caro Star rating in BELFAST. 8 forum posts Send private message

Hi,

We purchased an apartment in May 2003 and completed in Jan this year. Opted for the 20,000 euro furniture package and the rental guarantee scheme. We checked with our Lawyer before signing when everything would be in place and they advised 8 weeks from completion.

 We informed Rushcliffe that we would be coming over in April to stay in our new place only to be advised that it would not be ready but they would put us up in another apartment. Although we were disappointed the place at Ocean Pines was fabulous so couldn't complain too much! We did visit our place at Palmeras twice during that trip but it was deserted apart from security staff , no builders on site at all and no water or electricity connected. 

 Our 1st rental payment is now due from Rushcliffe, what you have to do is submit an invoice to them for the quarterly payment, what they don't tell you is that you have to pay 24% tax on the income and you have to charge them IVA which you then have to pay back and submit a tax return every quarter. All very complicated!  Will let you know if and when we receive payment.

Carol

 




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29 Jul 2007 12:30 PM by busybee Star rating. 16 forum posts Send private message

Do you have any photos?


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31 Jul 2007 8:17 AM by caro Star rating in BELFAST. 8 forum posts Send private message

If you search the construction photos for Palmeras you'll find a few I put on that we took in April this year. They are mainly the development, I'll see if I can get some of the apartment itself. 


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03 Aug 2007 8:00 AM by busybee Star rating. 16 forum posts Send private message

Thankyou.  I have managed to find the link to "construction photos"


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07 Sep 2007 4:21 PM by andrewplas Star rating in north wales. 15 forum posts Send private message

hi

we are about to complete, and have taken advantage of the 3 yr rental option, have you any more details how it works etc

regards

andrew




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23 Oct 2007 8:01 AM by Andy Fletcher Star rating. 3 forum posts Send private message

Hi,

I completed in Feb 07 thinking I was getting the rental package, only to find out after my lawyers signed, Rushcliffe refused to supply the furniture or the rental income.

Andy




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23 Oct 2007 8:04 AM by Andy Fletcher Star rating. 3 forum posts Send private message

Carol,

Have you received any rental income & have Rushcliffe installed the furniture package?

Cheers

Andy




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