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31 Mar 2008 12:00 AM by JHMurcia Star rating. 753 forum posts Send private message

Does anyone know if you can hold back the completion until the original suggested dates? As we are unlikely to be in before at least September (Jardines 8) we wondered if it may be worth holding back and seeing if rates improve. We think September judging by the other dates appearing plus the 30-60 day utilities handover- on that timescale we can't really use the apartment for more than an occasional weekend before 2009 anyway. 

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Jan & Mike



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31 Mar 2008 8:54 AM by danseex Star rating in Los Naranjos J4 n253. 652 forum posts Send private message

danseex´s avatar
From what I have heard they are very strict on completion dates as they have so many to hand over and can get quite forceful over completion.

So I doubt very much that you be able to delay by more than a few weeks at the most.

Dan


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31 Mar 2008 11:41 AM by nolankn89 Star rating in Youghal,Ireland.and .... 129 forum posts Send private message

I agree Dan, From what I know if they were ready to hand over the property when the date for the second payment came, ie after the 90 days, they could have demanded payment then.

The only delay you could make would be to arrange to go over at the end of the period of completion that they offer you. For instance My time period is from June 16 until about July 16,  but I cant see them giving much leeway on this. After completion the connection of the water and electric can take between 30 and 60 days more and I dont think you will have access to the property for this period anyway, so you will not have to worry about furnishing the apartment untill then.

Regards Ken



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31 Mar 2008 11:44 AM by nolankn89 Star rating in Youghal,Ireland.and .... 129 forum posts Send private message

I forgot to mention that if you are worried about the exchange rate why dont you get a euro mortgage instead of a stirling mortgage , then if stirling improves it would be better for you, check this with your accountant.

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31 Mar 2008 9:45 PM by JHMurcia Star rating. 753 forum posts Send private message

Doesnt sound very hopeful- was just an idea. We're looking at every mortgage possible I think!

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01 Apr 2008 3:52 AM by nolankn89 Star rating in Youghal,Ireland.and .... 129 forum posts Send private message

Hi all ,

I rang polaris today about my completion in june and this is the itinerary over two days.

Day 1, go to murcia to collect our NIE numbers ,from there go to Condado to generate the snag list, I assume someone from polaris will be on hand to open the apartment.

Day 2, go with my agent and SPANISH solicitor  to polaris world where there will be a notary and other polaris persons , hand over the snag list which I read somewhere must be in spanish, I think I will give a copy in english aswell,(keep a copy for yourself) then sign papers and hand over a bank draft for the outstanding amount.

After that I am not sure , I will be talking to my agent hopefully tomorrow to get some more insight.

Regards Ken and Fiona 



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