Spanish Free to air - where to point dish?

thanks diane,

i agree totally with your points regards the pool.

interest rates ? who knows.

ken..

An interesting piece of information from María de Castro on another thread dated 1 Feb 2007:

http://www.eyeonspain.com/Secure/ForumPostsDesc.aspx?thread=435&dev=FB35&name=Completing+on+a+Property

2)  For the license to be issued does the whole develpment need to be finished e.g swimming pools, roads, all apartments, public lighting etc. or can the license be issued on one phase alone? A license can be issued on one phase alone, but it doesn´t mean that you obligatorily need to accept that the contract is fulfilled , thay have met all their obligations and you have to complete. They need to hand over all what is stated not just in the contract but also in the publicity brochures

I was at the developemnt in August this year at which time | was informed by a Rep at TARAY that the communal pool and sports facilities will be started in October this year.  I have also read one of the other threads on this site (not sure which one) that Taray have started to clear the area designated on the plan, which indicates they are started to buiold the pool area. 

Further to that I puirchaes my quad on the basis that it was more expensive than the rest due to it overlooking the communal pool and sports facilities and I bought dircet from TARAY not through an agent, so I am quite confident the plans will be followed.

Ta

Tony

I went over in May 2006 and the builder even then said the pool and sports areas would be the last faze to be started due to they would  required the area to put equipment and the amount of dust that would be created they would spend time cleaning and repairing the area

psm

I went over in May 2006 and the builder even then said the pool and sports areas would be the last faze to be started due to they would  required the area to put equipment and the amount of dust that would be created they would spend time cleaning and repairing the area

psm

i was over there for 3 weeks in august and went under the fence for a good look round

and theres no chance that the pool area will be started in october my quad is built but my date is 31st july 08 WHY???

Dont believe anything you hear and half of what you see,,, they just lie all the time all they want is the euro

Iain

HI guys

CajaMurcia work alongside Taray and do mortgages without the LFO. Once your here, its my opinion that the LFO is of course important but its pretty standard/commom for alot of people to complete without it (with a reputable builder). Thats just my opinion and people must make up their own minds. We have had a lot of dealings with cajamurcia and have 100% trust in them!!!!! 

The workmen are back at work on site and working hard to get it finished!!!!

HI guys

CajaMurcia work alongside Taray and do mortgages without the LFO. Once your here, its my opinion that the LFO is of course important but its pretty standard/commom for alot of people to complete without it (with a reputable builder). Thats just my opinion and people must make up their own minds. We have had a lot of dealings with cajamurcia and have 100% trust in them!!!!! 

The workmen are back at work on site and working hard to get it finished!!!!

Hi all

We signed up for our penthouse in april and moved in asap we can now come to spain as much as possible and enjoy we are quite happy to wait for the L.F.O. we have freinds on another site that was built by tarray they had to wait for the L.F.O. untill the site was all finished but the now have it and are very happy they didnt have a problem waiting  hope this may help

rosita

I think the brits love to be in volved in problems if there is none they will make them up. My solicitor said it was normal so why would I pay him for advice and then not take it. Taray have a very good name in this area so wait and see what happens I moving in come December LFO or not.

peter

hi,

i was speaking to a finance company based in the south of spain yesterday. a senior advisor told me that it is now illegal for a bank or financial institution to lend for mortgage purposes to anyone buying a property in spain which does not have the LFO granted. he said this law came in about a month and a half ago and supposedly applies to the whole of spain.

i posted this question on main forum and had a reply confirming this is correct. i remember smiley talking to me about this a long time back but there was nothing definite at that point. anyone else come across this ?   

regards,

ken.. 

Hi All,

Just to confuse us even more, a friend has, this afternoon  had a mortgage offer from a Spanish bank on a new buld property without its LFO in place.

From what I can gather from the general  forum the banks that are refusing are mainly in Andalucia where so many bulders are building without the proper licences or were paying illegally for them.

Maybe we were a bit naive completing without the LFO but I do know that Tarays Building licence was legally obtained through the right channels and we have enjoyed several fantastic weeks in our apartment this summer.

We were also told before purchase about the pool being municipal and wonder why it being municipal seems such a bad thing to some of you? Not being rude, just wondered if I was missing something after all a pool is a pool and I'm sure looking at the rest of the development it should be lovely.

Regards

Pat

PS The bus to the beaches does exist, you catch it down by the roundabout, but dont hold your breath, it can be quite late or qiute early so you need to be there 20mins before its due and be prepared to still be there 20 mins after!!!!

hi pat,

looking back at your post on the 20th sept.  the pool is as you say just a pool but we all are providing the capital outlay for it to be built, along with what ever other sports facilities taray decide to build.  i like some others, were told way back that the pool and tennis courts etc.. would be communal and would be for the "community" in the development.  we thought at the time the prices were a little high relative to the total build area of our quad, but were happy that a proportion of our money was ear marked to pay for the development facilities. if all the facilities are to be handed over to the council for them to own/run then all we are getting for our money is our house on it's own. looking at it this way i think we are paying a lot for what we are getting, property wise!

regards,

ken

Hi Ken,

Thanks for your reply. I can understand now what you mean now you have explained, didnt even enter my silly head that we were all paying for something that would be council owned!!!

Have heard though that the community fees will be relatively low as no upkeep of the pool involved? I suppose there will be a charge to use the facilities and hope these will be subsidised for owners. I also hope we will get a say on opening hours etc. It had better be open for most of the year as well. 

Just to say that someone has cleared the wasteland down by the estate agent on the way out of town. There is placard up saying there will be a supermarket, restaurant, offices and I believe it said shops.

Take care

Regards

Pat

Hi Pat,

Thanks for your reply.

Regards the community fees. How much will they be ?  How will it operate ? No one knows ?  That is really not good enough at this stage of the development.  I feel we are all in a vulnerable position on this matter and I feel it beholden on Taray to make a statement to us on this. We need details !

I will make my concerns known to Taray this week, as i need to discuss other things and will post any info I receive back.

Regards,

Ken..

Hi all

We have just been trying to sort out a mortgage for our house in spain i was on the phone for about an hour then i mentioned the LFO

not being granted and he said no LFO no mortgage i cant help you.

Does any one know whats going on with the LFO? or when it will be granted? or who will mortgage the property without LFO?

He said i would be mad to complete without it.

any help would be great.

Iain

Hi All

This is a statement issued by our agent today.

I have forwarded this to Taray for comment, will advise when I get reply.

PeterD

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PeterD

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there seems to be a lot of confusion and misinformation with regard to many aspects of the completion process being posted on here lately,

there also seems to be a lot of panic,

if anybody is having trouble getting a mortgage on their property without having a LFO i can take you to a reputable bank manager who will entertain you without one,

whether he will give you a mortgage or not is dependant on many factors but the granting of the LFO is not one of them

0034 638704744 is my number or PM me, i'll only do the introduction as i'm not a financial agent

I am sorry but I have to disagree with the comments made in the last post regarding the lack of the LFO for this development because, unlike most other organiastions we have to deal with the problems of people that do not have this paperwork

To get a real example of what can happen please follow this link http://www.coastrider.net/news_main.htm and read the article Tecnologia home owners run out of water, and ideas 

Just to clarify my view, and the advice given by many legal and property experts, including the podcast on this site by Mark Wilkin of The Rights Group. you should be aware and consider carefully completing on a property that does not have an LFO

 First of all for 90% of people there is no problem and I am not suggesting that Taray are not a financially sound quality builder, but the problems start when either the builder disapears, or the builder does not pay his bills for builders supply ontime as there is no contract with the suppliers, no service level agreement and no way to get supplies connected without the LFO

Although the Certificate mat have been applied for people seem to believe that the LFO is a formality, it is not, and regularly the Town Hall will ask for changes to be made to properties or more commonly the infrastructure before it is granted, in my own case it is now 3 years because the dimesion of the drainage system is not correct.

The LFO is a Certficate that says that the property is fit for purpose, legally you should not use or rent a property without one and on a TV program where issues on builders supply were being highlighted the owners were described as technically squatting

More and more banks are now refusing mortgages as this based on an accessment of risk and I do agree that that various things will be taken into account by the bank manager

Developers blame the Town Hall delays however other developers in this area and I include Polaris World, United and RODA are able to release properties with a Certificate in place, they do this by ensuring that they apply in plenty of time and do not wait to batch up the applications

We are actively involved in a group that is continuing to lobby local and national government for what we believe is a much needed change in the law that will require all property to have all licenses in place before completion can be done 

 The real people that you should get advice from is not your property agent but the lawyer acting for you as yes for 90% of people there is no problem but we really don´t want anybody extra joing the 10% club

We already have a guide to quetsions that you should be asking the developer and we will soon be publishing a document specifically about Certificate of Habitation, for a copy use the e-mail below

scguides@inspectahomespain

i am at a loss as to what you disagree with,

i simply made it known that i know of a bank manager with a reputable bank who will entertain clients for a mortgage without the LFO being in place,

i did not and do not offer any advice to anybody about whether they should complete or not, i will leave that to the experts!!!!

i live here and the people that this post was aimed at will become my neighbours, simple as that!!!