I want my house

Hi Bob,

                  You are perfectly accurate The Administrators were appointed by the court and are experienced in three areas 1 Banking, 2 Business/Commerce  and 3 Law.

one from each sector they are certainly not in Sji /Hdt back pocket . they are indipentant and have a duty to the courts and are held accountable for that purpose.  

jonnie666

As for viability the company could survive with only 45% of purchasers holding on to contracts it does not require 99.9% to survive there are at least a total of 45% from the spanish market  and they could make the difference, as the project was not just a sea side expat ghetto but a propper residential community so there may be a greater push from Regional goverment to save the developement than otherwise.  We seem to foget about the spanish purchasers.

regards and happy Christmas

brianmags

R4 556

I want My House

Hi all

Bob is spot on with the posting about the administrators, and the fraud allegations are not for them to investigate, just to report on if there are anomolies in finance.  So are there any anomolies in finance?...if so what do you want to happen next?.....is it one of those things that you say dont bother getting a solicitor for, it will all sort itself out, your just throwing good after bad etc.

I am happy to have a solicitor with a set scale of fees that i can ask questions and advice of.......as opposed to wondering if i have had my leg lifted by the builder and hoping for the best.

Tony mentions he is sorry if you feel like officialdom in Spain has let you down, so infers why pay for a solicitor to represent you.

To be honest thats very bad advice.  When officialdom lets you down, you then need a lawyer............its simple as ABC.  Otherwise your burying your head in the sand.

My advice...............get a solicitor on a set fee, take advice, put pressure on the builder to answer all the questions you want to ask......like why didnt you comply with the law, where is my money, what are you going to do about it............all the really usefull questions............then take your chill pill and enjoy Christmas.

The other thing is.................if your wanting your house twhy not ask how many current contracts there are...........assume they are all going to expire and then consider what is going to happen in the delivery of the houses. 

Everyone is going to be out of contract, everyone will then have no completion date, everyone will be wondering about the lack of funds, everyone will be wondering if money has been mis-appropriated..............all that will happen next year if you chill too long without doing anything...............save this post and read it in July if you dont believe me.

All the best

Brian

Bob, if the master of Spanish law brianmags says "You are perfectly accurate", then you must be right. He knows the law inside out, which is why he has no broblem with getting his house or his money back.

Oh that hurts FIn so cutting,

                                              still does not change that fact about adminstrators position and their appointment by the court does it

brianmags

R4 556

I Want My House

"The Administrators were appointed by the court and are experienced in three areas 1 Banking, 2 Business/Commerce  and 3 Law. one from each sector they are certainly not in Sji /Hdt back pocket . they are indipentant and have a duty to the courts and are held accountable for that purpose. "

So if what you say is 100% accurate, that means that the Administrator from the Banking sector, is not a funding bank for the Company, and if independent, in no way connected financially with the Company?

Maybe worthwhile detailing the funding Banks, Investing Banks and that who the Administrator is in the employ of ?

brianmags, R4 556 says, "I Want My House"
If I could assure you 100% that you could get all the monies owed to you back and at no further costs to yourself, would you still want a house, or take the money?

 I think you are all perhaps hoping how the system should work rather than how it has worked. the company are in volunatry administration. they maintain control and make the decisions. the administrators were appointed with the rubber stamp of the court but if you consider them independent you are grossly mistaken. They are not there to investigate fraud but they are not there to highlight it either. they are there to try and ensure the ongoing viability of hdt..simple. If that is at a short-term loss to owners then they will not give a sh**!

Hi FIN me o'le mucker [as TWIGIT would say]

You seem to have posted in the last hour or so, on 4 different threads and all appear to be criticizing. Surely you are not stirring things up at this time of the year, with good will to all men and women?

                     Happy christmas.   Bob.

Hi Joanie.

Yes i see your point and you could be right that the administrators could not give a s**t which way the coin drops, but i still maintain that over the years they are probably given a lot of work by the courts who they are answerable to, and they dare not be anything but impartial, independant and honest in their findings, whether  that benefits the clients or not. They cannot afford to be charged with impropriety and given NO more business.

                                                  Bob.

P.S.  Sj/Hdt may be in voluntary administration but make no mistake they are not in control. They have to answer all the questions and it is the administrators appointed by the court who ask the questions and ARE in complete  control, unless of course i am very much mistaken.
 

Hi All,

The end of December SARC report is now on the SARC website for all to read.

I am surprised by the negative remarks made by some petty people over this holiday season and find their behaviour rather abberant and strange.

I still want my house and yes there are still purchasers joining the  I WANT MY HOUSE  campaign, who believe that there is a better chance of getting your property than your money back.  I beleive that in the current economic climate the only way that we can protect our deposits is to stand by our purchases and demand that they are built rather than line the pockets of those who seek to make money out of our plight. 

 HAPPY NEW YEAR ALL

I WANT MY HOUSE

Tony R17 18

Total tosh Tony .We all wanted our houses but we are not going to get them .The higher the climb the harder the fall .You are going to come down to earth with a huge bump .You only have youself to blame .You just would not listen.  Regards JA

Hi all

Nice to see its business as usual!!..thanks to those sparing your thoughts and sending best wishes....i was touched.....cheers.

Brian

Hey Briando Good to have you back .I hope all is well .Can you  ,only if you are well enough bring some reality back to the forum .There is lots of garb floating about especially from Tony whom I fear has been very ill adviced ,Regards hope you are feeling better JA

Hi JA........i have had a quick look at some posts etc..........and a look at the SARC reports recently posted, i can give my honest reaction to it if you like.

The report on sarc called 29th December is just the same recycled information isnt it? 

It kind of states a lot of guesses about what is best for everyone to do and then tries to prove it by throwing high brow things in like....the barrister says this.....or the judge is going to communicate with the solicitors about their behaviour...............I mean what a lot of claptrap that is........what happened...did the solicitors all do something bad........have they all got to shut up until this barrister rides in on a white horse and rescues all the houses?

This report goes on to say...no guarantee of your house or your money back   blah blah....cant sue them while they are in administration..blah blah..............Can someone point out to the sarc side of the argument that we know all this stuff already.....its a load of bunkem.

Then i saw a newspaper article and wondered what point this was making...........the only point it made to me was that the speed at which the housing market supply has been operatig in Spain has been incredibly slow and a lot of the developers have been wrapped up in land banking and greed, rather than building and supplying....which is what they were supposed to be doing for us.

All in all i am back to the point where i think its dangerous to carry on with your house with this particular builder, unless they can communicate more effectiveley.....................they may be better off going bust on the HdT side and letting someone buy the land, the contracts, the development and do a better job than these people have done so far. The way they have handled themselves this last 6 months.i wouldnt be happy buying a used car from them never mind a house.  They will struggle to find finance with the way they think business should be done, dont you agree?

Its a lame duck at the moment...................if not a dead one..............me thinks

Hi Briando glad to see you are on the mend .I couldn't agree more never back a dead  duck ! JA

Now it has started to get funny!!!!

Then, "So it is now time to fight for your property, be calm and do not panic. We have money to spend and there are people out there who would like to get their hands on it, "

JA has preached and beg people to protect not their properties (there are no properties and never were), but their money and interests. It seems that the penny is moving, maybe will drop, unfortunately too late for some.

You never know, some may see fit to appologise to JA some time (she has worked hard to provide information and only to be insulted by some).

Tony ,Your lawyer is obviously an ass .You believe that if you want but I know where I stand .  I like the new text format and font size  you have switched to ,same as ole Twigits funny that ain't it Tiger !!!!!!!!!!!!!!!  JA

They already have our money Tony .Do you really want to give them more .Are you completely off your nut .Ask those on othe r SJ sites what they think about this company .A leopard never changes it's spots or is it stripes .Any way what I am trying to say is this company are either mad bad or sad or all three and they will not change .What was the quality of the build anyone been in a SJ property for 10 or even 15 years .Will they stand the test of time .I have seen some that 5 years on don't look too good . JA

Hi Tony

Who exactly are you planning to fight for the right to have your house?

Is a campaign of IWMH seriously going to gather any pace with an insolvent builder and a banker who has pulled the plug.......i really fail to understand any logic you may have left...............they simply have to go bust, thats what happens in times like these......you get paid a dividend and if they have no brass left, the administrator makes any provision they can to salvage for creditors.

They and only they (the insolvency creditors) can give you anything.............HdT are sinking and there is nothing you can do about it..........the longer it goes on the more costly and cruel to you it will be.

I agree Briando but are you not wasting your time on Tony /Twigit  who ever ! they are sooo similair I forget who said what .Either way you can not reason with a complete muppet so save your energy to recover from your op  .Hope you are well JA

For there to be logic, ther first has to be a brain and that is where the problem started.
I was "shot down" some time ago, for pointing out that the more time goes by, the value of assets is decreasing and the Administartion costs increasing.
Now the day is dawning.