Hi June
That’s the reason I am starting to look into this now as building is progressing at such a fast pace I just want to be ahead of the game.
From a number of posts on the Condado de Alhama forum from those on the Jardins that are completing soon, they seem to be with Cam Bank, so I am thinking that if Cam Bank have financed a lot or all of that faze of the complex then maybe Cajamurcia are financing a lot of the Los Naranjos Jardins?
If this is the case and we are able to contact them and fined out the terms of the builders mortgage we would be able to decide if that is the best way to go or if we need to start looking at the other banks for a mortgage?
If you get any information from Cajamurcia or your solicitor, yes I would be grateful if you will let me know.
If anyone else has any relevant information please also post it on this thread.
Hi Kevin
Our Bank Guarantee is with Cajamurcia which is another way PW tell me you know who the builders mortgage is with, PW also told me that its up to us to contact the bank ourselves to obtain information about the builders mortgage as they don’t get involved.
So it looks at the moment as if at least two banks are involved in phase 1 of Los Naranjos.
Thanks
Phil