14 May 2009 7:32 PM:

Well as it happens I have reached an agreement with my developer and am now waiting for my completion to go ahead. Not due to the legal threats they issued but due to having no good legal grounds for dissolving the contract so realistically I have to take it on the chin and complete my side of the contract. The financial and housing situation will not last forever and I will eventually be happy that I didn't lose my deposit money or get dragged through the courts one way or another, it will just be difficult for me in the year ahead, as it will for my developer

Thanks for the advice anyway

Thread: Peninsula threatening to seize UK assets and force purchasers to complete on Medina Elvira golf in Granada

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13 Apr 2009 2:17 PM:

Thanks for the advice,

I have today spoken to my developer and they have assured me that the waste water has now been connected to the main system in Atarfe and there is nothing toworry about regarding this. I am sure the matter of dates is also nothing to worry about and my lawyer will confirm this for me very soon

Thread: Is there a time limit to issue the LFO and is a back-dated LFO legal?

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12 Apr 2009 9:27 PM:

Hi, thanks for the reply

I am 100% sure about the dates on the LFO and the architect report - this is why I suggested the LFO has been back-dated. It has been back-dated to exactly 1 day before the time limit of 30 months I heard about, hence my question on if there was some legal requirement for it to be within 30 months of the purchase contract date...

I will check this with my lawyer, and also that the waste water disposal has been connected to the general system prior to my completion. I would not be liable to pay for it individually, as I am buying in a large block of apartments

Thread: Is there a time limit to issue the LFO and is a back-dated LFO legal?

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12 Apr 2009 1:47 PM:

Many thanks for the replies

So I understand that 'rebus sic stantibus' is a clause in General Contract Law you could try to use if claiming 'force majeure' over a change in personal circumstances, and you could use it to effect a change in the contract and not necessarily a cancellation of the contract although it is by no means guaranteed. There was a bit of confusion over this in the posts - if this is not Consumer law then would it make any difference if your lawyer presented you as a consumer or a professional investor in court?

What benefit or protection can Consumer Law provide (if any)?

Thread: Peninsula threatening to seize UK assets and force purchasers to complete on Medina Elvira golf in Granada

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12 Apr 2009 12:00 AM:

Deleted as this question may no longer be applicable and could be unfair to the rental company. If it does look like an issue i will re-post it...

This message was last edited by lurker on 4/13/2009.
Thread: Can I delay my completion based on a lack of insurance underwriting of my rental scheme?

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