There is a method in the madness.when she is in the garage and cold and scared.she will try and worm her way into your cosy bed in the house.then you have the upper hand.result.no more headaches.

But before very long guess who's in the garage (or dog house)?
No, with two beds you can always untie the velcro for a bit of additional frisson during the gymnastics - or, indeed, if the other half (of the bed) becomes a bit frigid

But you still hear the nagging as she sleeps and naggs at the same time.come to think about it. Its a good idia to sleep in the garage.and leave her in the house.It would be like your own little den.you could pretend to go to bed and go out on the piss with the lads and she wouldnt know.

MF administration announcement has been delayed once again.
Some time in December is the latest proposed.
No suprise that a lot of figures are not adding up and sharks are apparently circling however this will be very low key as obvious interest in the business will drive cost up.
Until the Court has decided, all will remain in limbo with lots of speculation.

Does this mean that people can still register as creditors or has that list closed in late October as set out in the announcement of early October and better still does this extend the time available for people to complete if they want to?

I think we will find that MF's "assets" will have been massively overstated. Add to that the property/land crash there won't be much left!

Stella in Cartaya have a wonderful selection of beds, pillows etc., not the cheapest but good makes, knowledgeable assistants, possibility to have two halves different hardness etc. Take the first Cartaya turn off the motorway and its on your left just before Cartaya, next to the best light shop, Hyperlampadas

Hi Jill and Duncan

A little late but I have pm'd you a name and e-mail address of the person we used. I can send you a couple of photo's of the work she has done for us if you like.

best regards

les

Sorry cannot say for sure...
Original extension to end of October was to allow such creditors to register. It's probable that the December date is for additional registrations to be accounted for prior to any further desicion. If anyone has a claim to make they should make it known without delay.
Might be worth a look at post 4029

A work of warning to people who havent completed.

Ive been told debt transfers with the property not the person. Though I am still checking on this for myself. The lawyer/Notaire needs to ensure that there is no debt on the property, so various certificates are signed....

We are in a tricky situation where the certificate was signed by someone who had no authority to sign! Long story and why the Notaire/lawyer accepted that I dont know:

Here is a little checklist

1. Has the right person from inter-community signed to say that all pre-completion payments (eg maintenance etc) have been paid
2. If you have a different community - has the right person signed for them

Just guessing now for some other points

3. Is there any mortgage related debt tied to the property
4. Can the lawyer confirm that no 'extrra' payment will be demanded for unpaid services bills by Fadesa. It could be that there is a problem from an old bill under discussion and suddenly the community gets charged
5. It may be worth making a blanket statement to say that you want to complete with NO outstanding debt for anything (if this is possible)

If theres a problem - I personally suggest that you get the problem valued and reduce the completion payment by this amount (if possible) and then pay the bill. I think this is easier than having Fadesa pay the bill before you complete.

Please note that I am NOT a lawyer, could be totally wrong, this is a cautionary message and it must be your full responsibility to get this fully checked out. Just trying to help people from our own experience....

What a drag!

Regards
Jon

We have not completed. We have been trying to get an exchange - seems complicated - every property seems to have a mortgage on it and this limits what we can exchange to - not sure why.

I have noticed that there are properties for sale now at reduced prices - for the 70% unpaid so far would it be better to buy a resale and then wait and see what the administration brings? Might even be money in the bank. What do you think?

Where have you seen these reduced priced properties for sale?

Look at the homesandfincas website to start with.

Hi Miacat

Well I think there will be a window of opportunity at some time with Fadesa - especially if there is an official valuation of the site. Im sure you know all this but, this would be your opportunity to jump in with them as you would have a large selection to choose from - in one place. How you determine that time - Im not sure, I dont believe that Fadesa are doing any storming deals at present. Though to sell I think they would certainly listen.

Less choice would be to look at the agents websites (like the one mentioned previously) - there are people who risked a lot to 'flip' i.e buy off plan and sell before completion and they might be willing to do a deal - or those that have been forced to buy as they were committed may also be interested in a deal... but you would have less choice in finding them. Worth a go however.

I dont know if this breaks site rules but you could also post asking people to PM you if they know of anyone selling and open to negotiations.

Also I'd bet that the other companies there would do deals. Go across the Golf parking to the sales hut of Sun and Sea (or something like that) and be firm, I'm sure you'd get a good deal.

However make sure that all the certificates signed in front of the Notary confirm to the last post I made.... before signing.

Good luck, you are in a buyers market add that to this being a nice part of the world means you may come up trumps

Jon

The issue with purchase at the moment may be a tricky one unless you are a cash buyer.
It has been rumoured that some agents have had potential buyers but the administrators are not prepared to take orders from now on, which, to say the least is a little unusual.
The administrator is the only entity who could have influence on Fadesa purchases or sales until the buisiness is either out of protection, or sold on.