10 Oct 2006 3:43 PM:

Hmmm.. even if you buy off plan WITH a guarantee it doesn't seem to do any good, our apartment is 9 months (unreasonably) late at the moment and despite months of trying to evoke the guarantee , including changing solicitors, we are still no nearer to obtaining our deposit back, we were not informed of any delay by the developers. apparently the insurers (who back the guarantee)  will not pay unless the sale is rescinded by the developer and the developer is refusing to do so ... what is the point of the guarantee!

We now have an excellent (independent) solicitor who is doing everything they can but it may end up in court with us having to stump up thousands in costs up front, and still no guarantee that we will win. So, beware even when buying off plan even with a so called guarantee !!!!. it seems these people can do what they want.

Thread: Don't buy off plan without one

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