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Terrazas de la Torre Golf Resort forum threads
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31 Mar 2008 12:00 AM by steveco58 Star rating. 25 forum posts Send private message

Hi

I am pleased to say that i have received the bank Guarantee from Polaris for my first payment which was made in October. This has taken 6 -7 months a good bit longer than they said. Probably only got it as the second payment isnt too far off.

Hope others have received there Guarantee's also.

Steve




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06 Apr 2008 8:21 AM by Javabean45 Star rating in Cheshire. 170 forum posts Send private message

Javabean45´s avatar

Hi All,

Just to say I've not had any bank guarantees, and I paid my 1st deposit back in February 2007!!

Polaris were supposed to be hosting a gathering in Liverpool this week, but it got cancelled at the last moment due to "personal family reasons" of Jose Luis Hernandez".

Hope it gets re-scheduled soon, as I would like to talk to Jose.

Dave




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06 Apr 2008 6:30 PM by davey2187 Star rating in Pontefract, La Torre.... 136 forum posts Send private message

The bank guarantee is a very important document, if you have been issued it and later have to cancel you have to produce the original

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08 Apr 2008 9:49 AM by andyhannan Star rating. 10 forum posts Send private message

I received my bank guarantee shortly after the first stage payment but I had to chase it. Unfortunately it is in Spanish and I am going to get it translated. I am using Danil services for my legal work and they seem to be on the ball. Has anyone else used these Solicitors and if so what are they like?


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08 Apr 2008 2:23 PM by jaswaine Star rating. 27 forum posts Send private message

Hi all

We are using Danil Services, but have found that you need to push them for information and paperwork such as the bank guarantees.  We received the first 2 OK but are still waiting for one from last May.  Also information they provided last October confirming start of construction of Phase 1 and 2 at Las Terrazas has proved incorrect.  I have today received a telephone call from Polaris stating that Phase 2 work has not started and they will not give a start date other than in the next few months.

 




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09 Apr 2008 10:27 AM by andyhannan Star rating. 10 forum posts Send private message

I also spoke to Polaris on tuesday and was informed that phase 1 is well underway but phase 2 has not yet started. I was told that we can expect completion on phase 2 mid to late 2009. I was relieved to hear that some one else is using Danil and, like most solicitors, they only move when pushed.

With regards to bank guarantees, how many should you receive, I was only expecting 1 per property, can someone please confirm?




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09 Apr 2008 1:32 PM by Havey Star rating. 16 forum posts Send private message

You should get a bank guarantee every time you make a payment, each guarantee is just for that amount.


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09 Apr 2008 9:04 PM by Andyy Star rating in England. 14 forum posts Send private message

I received ONE bank guarantee which covered the full amount paid to Polaris World (deposit plus both stage payments).

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