When a bank is sued for the return of an off-plan deposit does the judge automatically award interest (as per the sales contract) and lawyers/court costs or does this require a second court case?
Also, if you have previously sued the developer and won, but they failed to pay up, can those costs be added to the bank's costs, if it was the bank who told you to 'Sue us' when first asked to return your deposit for late completion?
If the bank also fails to pay up and you then have to sue the original conveyancing lawyer for gross negligence, can ALL previously accrued costs be claimed from this lawyer and does it involve another court case?
I am thinking that at approximately £5K per case one could rack up a legal bill in excess of £30K and see very little of your original deposit after these deductions.
It is no wonder the banks were so blase' when telling us to 'Sue us' and why the Spanish have been so reluctant to go to court. It is simply too expensive.
This message was last edited by sandra on 29/07/2013.