Originally Posted by Josh Sherry

Personally, I think when somebody is looking to invest a large amount of money it is important they are given the correct and current advice. It is just as important to know where the advice has come from to determine how accurate it is. Giving a job title to me doesn't advertise the company you work for it's just validating what you are saying.

You can continue to resort to name-calling and pretending you are an admin if that's what you need to do to feel important. I will continue to answer any questions if I feel I have the expertise and knowledge to do so.

Now is a good time to invest off-plan and since 2016 changes in the law have made it safe to do so. However, it is always important to have a good Spanish property lawyer. You will maximize your investment by buying off-plan and the current market means there are limited new developments for the demand. Therefore in order to buy the best plot, you may find you have to buy off-plan, but you will then get a choice of some of the finishes.

Originally Posted by Josh Sherry

Personally, I think when somebody is looking to invest a large amount of money it is important they are given the correct and current advice. It is just as important to know where the advice has come from to determine how accurate it is. Giving a job title to me doesn't advertise the company you work for it's just validating what you are saying.

You can continue to resort to name-calling and pretending you are an admin if that's what you need to do to feel important. I will continue to answer any questions if I feel I have the expertise and knowledge to do so.

Now is a good time to invest off-plan and since 2016 changes in the law have made it safe to do so. However, it is always important to have a good Spanish property lawyer. You will maximize your investment by buying off-plan and the current market means there are limited new developments for the demand. Therefore in order to buy the best plot, your may find you have to buy off-plan, but you will then get a choice of some of the finishes.

Originally Posted by Rotor

I guess you hold the legally required qualifications to be a financial advisor ? As your website says you are UK based you must hold a suitable qualification recognised by the Financial Conduct Authority (FCA). The Diploma for Financial Advisers (DipFA) is one of the qualifications or do you have the Spanish equivalent ? .Your UK office seems to be a residential house in Cardiff , hows that ?

Originally Posted by Josh Sherry

I can see why you are called Rotor; you just go round and round and on and on. You don't need any of those qualifications to be able to tell you the law has changed in Spain to provide extra protection to purchasers, new rules have been introduced amending the law in relation to bank guarantees: Law 20/2015 (of 14 July 2015) replaces the Law 57/1968 and states that from 1 January 2016 bank guarantees can only be provided for payments once the developer has proved that he has obtained any necessary planning permissions. This means that the purchaser now has extra protection ensuring that all relevant planning permissions have been obtained as well as protecting any financial investment. Banks and insurance companies have until July 2016 to revise existing guarantees to reflect this amendment. Of course, this means that any payment that a purchaser may make to a developer prior to planning permission being granted will not be guaranteed. In addition, the new rules state that the bank guarantee will expire two years after any breach of contract if the buyer does not make a claim against the developer within that period. You must have missed it Rotor, too busy keeping the law on forums. I appreciate the hard work you do Rotor I mean you've even gone out of your way to play detective, haha I bet you were so impressed with yourself you thought about buying a new clipboard.

I came on this forum to see if I could help anyone and also see what I could learn also. I have a degree in Business and Economics if that helps with the whole struggling to understand why I know how an investment works. I'm not as young as I look I'm 31, I'm not sure really what that has to do with anything? Rotor is probably 50 and he's spent the last 20 years sat on the same forum being super clever and important.

I will answer all of Rotor's questions though as he spent so long preparing them today. I actually live in Berkshire my clients are from the UK so I meet them here and get to know them and then we fly out to view properties, the Cardiff address is my Uncle's address as we needed a point of contact if we need to receive maiI don't have any use for an actual office and I'm sorry if that offends you. I'm not sure why you have a problem with mobile phones but I guess when you're just sat in your mum's house at a desk fighting crime on forums all day the landline is a better choice.

Business has been ok, if I were desperate the last place I would be would be on here.

Now please stop this, you're so wrong about me and I'm bored.

Originally Posted by Rotor

No ,you are still coming across as a chancer , you dont seem to have taken in to account that many of us on this forum purchased Spanish property whilst you were still in primary school , we`ve all seen how crooked a lot of agents are and how the authorities are also either crooked or don't give a damn when a foreigner gets ripped off , the copy and paste paragraph you`ve posted confirms there is still a risk with buying off plan even with the 2016 law , who wants the stress of making a claim and the months/years of waiting for a refund when a developer goes bust ? a good many developers do and its often planned , far far safer to buy an existing property and employ an independent lawyer to verify everything before even putting a deposit down.
Back to handing out flyers on street corners for you .

Originally Posted by Rotor

No ,you are still coming across as a chancer , you dont seem to have taken in to account that many of us on this forum purchased Spanish property whilst you were still in primary school , we`ve all seen how crooked a lot of agents are and how the authorities are also either crooked or don't give a damn when a foreigner gets ripped off , the copy and paste paragraph you`ve posted confirms there is still a risk with buying off plan even with the 2016 law , who wants the stress of making a claim and the months/years of waiting for a refund when a developer goes bust ? a good many developers do and its often planned , far far safer to buy an existing property and employ an independent lawyer to verify everything before even putting a deposit down.
Back to handing out flyers on street corners for you .