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06 Jun 2008 12:00 AM by topman580 Star rating. 2 forum posts Send private message

As a buyer of an apartment in the Los Corales development in Estepona we have just been informed OVP have kept 50% of the deposit we paid 5 years ago and despite previous denials form them, it seems they have had contractual dealings on this site via Berkeley Properties owned by the assumed late Sean Woodhall. 
The bottom line is they cannot pay the developer the deposit balance therefore the developer now wants to sell to us direct at ''build cost''. Great in principle but those taking a mortgage will be left having to fund additional deposit monies. 
We are told if we do not complete inside 2-3 weeks the developer will cite breach of contract, keep our deposit, and resell our apartment. Given the delays and problems are certainly not of our making I find the developers stance outrageous! 
I have been trying to speak to my lawyer; GVA, this week and they are not responding at all all of which makes me feel there is a much larger conspiracy here!

My advice to anyone dealing with OVP is get out if you can and for those considering dealing with them- DONT!!

Anyone else experiencing the same problems? 


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01 Jul 2008 4:26 PM by Gillian1 Star rating. 18 forum posts Send private message

Hi

yes exactly the same situation except have completed using uplift to complete,we are the only ones and ahve been out there this weekend
We are currently also suing in th euk to retrieve our funds back and i am actually looking fro witnesses to come forward to give evidence against OVP

If you would like to discus this conatct me Jill on either 0151 -932 -0809 Night or 0151 -932 -1538 Day 0151- 932 -9438 day
 or drop me an e-mail at jamesstrikeforce@hotmail.com


hope to speak Soon Jill


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03 Jul 2008 11:47 AM by paulnixon Star rating. 3 forum posts Send private message

hi i am glad i have found others who are experiencing these difficulties. G&v solicitors are not very good at responding but i have no evidence or feeling they are being duplicitous.

They are having a meeting with the developer on monday 7th July to try and get clarification and move this forward I do not know whether you had a standard letter from OVP but that effectively said that we were receiving an incentive and the price was less.This is total crap and is misleading.What has actually happened is that a number of parties fronted by OVP went to the developer and said what deal can you do if we sell x number of units.OVP then added a large chunk for commision for their agents and profit for themselves .What they have now done is kept that chunk and only passed ,in my case around 50% of what  i paid to OVP the developer,.So the figures are lower to take account of this.In my case i am 889 euros worse off..For whatever reason as i cannot get at the bottom of it ,ovp are saying deal direct with the developer.- one reason maybe taxation but when i have pushed clare halford and asked a number of questions her response was ' I can provide no further information in answer to your questions',

my concerns is that i have a purchase contract with ovp and not the developer and as we now are buying direct from the developer technically we have bought it twice ,my solicitor is saying there are possible tax issues here but i have said that surely if there is any further tax due other than the standard 7% iva OVP should pay it.There are also issues over completion timescales but we cannot complete without a developers sales contract.OVP has said however we do not need to complete in 2 weeks but need to show we are progressing towards it. We have also been told we are liable to community charges and interest on loans the developer has back to august 07 [apparently when completion should have taken place] but surely OVP should pay this this is particularly galling as the developer has also delayed this project and where is our compensation.My lawyer will i hope be getting clarification on this along with the other 12 OVP clients.  If there are others out there you need to get your lawyer to make represenations on your behalf or use G&V for our class action. 

I personally feei i am over a barrell as i do not want to lose what i have paid . Two of the reasons i chose OVP was because of the non status mortgage and the fact they do rental..The non status mortgage however has been withdrawn and is now subject to status and the rental is subject to putting in their recommended furniture pack, which is overpriced as they add there commission on top.I am looking to deal with villapac for my furniture and get it at a far better price,they used to supply OVP.and i have asked if i put in villapac whether i could still use their rental program if i wanted but they have not answered my question. I don't know about you however, i am now thinking why do i want to rent my property through OVP who have already screwed me and give them an opportunity to screw me again over  furniture and anything else they could get away with. I am talking to Villapac regarding rental in view of their contacts and there is one company they deal with who are very reputable who could help with rental but the downside is they need at least 16 properties from the one development and they need to be furnished in the same style.

I f we go to villapac direct i am sure we could get a discount if a number of us want to buy and i would love to hear from any purchasers on anything but particularly on the issues raised above and whether you want to rent your property out .





This message was last edited by paulnixon on 7/3/2008.


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03 Jul 2008 8:33 PM by Gillian1 Star rating. 18 forum posts Send private message

Hi ALL OVp VICTIMS

We are all finding out infromation in isolation or in small groups
The truth of the matter is OVP have stolen approx half of our deposit monies,half of everyones monies approx 2 million on this development alone
they have admitted investing that money elsewhere
They are still taking deposits off people in order to purchase in Morrocco....the same will happen to them

OVP are being sued by many people,in my opinion they will not by the time our cases go to court be able to pay back wht everyone is owed we are talking 25million plus

The mysterious death of Mr Woodhall ................in Brazil and the setting up of a new comapny CDS  through which they want people to complete registered in the Seychelles must ring alarms bells int he most naieve of us

We ahve all been scammed and we are sitting back waiting ....for what ......


Please all OVp purchaser sconatct me to get together on jamesstrikeforec@hotmail.com 

Collectively we are very powerful and could at the least prevent others getting scammed


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03 Jul 2008 8:35 PM by Gillian1 Star rating. 18 forum posts Send private message

Sorry e-mail address is jamesstrikeforce@hotmail.com


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05 Jul 2008 7:27 PM by starlight Star rating. 11 forum posts Send private message

Dear All,

I have had recent confirmation that no completions can take place on this development this is due to the recent corruption case in which the developer has been implicated.  there is now a prohibition (news is from the land registry) and no further properties can be sold at this time.
we have been advised cancellation of contract is ony course of action available at this time.

check with your lawyers for confirmation.





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14 Sep 2009 2:32 AM by hayles72 Star rating. 19 forum posts Send private message

Hello,

 

I have managed to complete now on Los Corales with the help of a fantastic lawyer who has set up my mortgage and everything for me and also cut the cost of the completion fees.

If you would like any help at all in regards to completing, air conditioning, furniture packs, please contact me as I will help you as much as I can as I know it is hard and daunting and not knowing which way to turn.

After experiencing alot of problems, I have now set up a key management, cleaning and laundry business UK based with reliable staff in Spain, so I can also help you with that as I have found there is not alot people you can trust. I can arrange meetings with you in the Uk or Spain.

 

Kind regards

 

Hayley




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