Plot return of deposit issue
Mar 26th 2011, 3:41 pm
#1
BE Enthusiast
Thread Starter
Joined: Oct 2004
Location: Shenfield, Essex
Posts: 615
Plot return of deposit issue
Up until yesterday, I was in the process, through my solicitor, of recovering my 50% plot seposit. Although this was going to take anumber of years I accepted that i might at least get some of it back.
However, I received a mail from the solicitor yesterday adviseing that the decision to allow contracts to be cancelled has been reversed and my only course of action is to appeal this decision (at further considerable cost). If I lose the appeal I pay significant costs and will then be forced to complete the purchase. If I don't appeal I still pick up sizeable legal costs and have to complete.
Anyone else in the same position and is your understanding the same as mine?
Appreciate it if you could PM me (I'll be out of contact for a day or so as travelling but will respond as soon as back on line).
Thanks
However, I received a mail from the solicitor yesterday adviseing that the decision to allow contracts to be cancelled has been reversed and my only course of action is to appeal this decision (at further considerable cost). If I lose the appeal I pay significant costs and will then be forced to complete the purchase. If I don't appeal I still pick up sizeable legal costs and have to complete.
Anyone else in the same position and is your understanding the same as mine?
Appreciate it if you could PM me (I'll be out of contact for a day or so as travelling but will respond as soon as back on line).
Thanks
Apr 27th 2011, 10:50 pm
#2
BE Enthusiast
Joined: Mar 2006
Location: Leeds, West Yorkshire and Tavira
Posts: 537
Re: Plot return of deposit issue
Up until yesterday, I was in the process, through my solicitor, of recovering my 50% plot seposit. Although this was going to take anumber of years I accepted that i might at least get some of it back.
However, I received a mail from the solicitor yesterday adviseing that the decision to allow contracts to be cancelled has been reversed and my only course of action is to appeal this decision (at further considerable cost). If I lose the appeal I pay significant costs and will then be forced to complete the purchase. If I don't appeal I still pick up sizeable legal costs and have to complete.
Anyone else in the same position and is your understanding the same as mine?
Appreciate it if you could PM me (I'll be out of contact for a day or so as travelling but will respond as soon as back on line).
Thanks
However, I received a mail from the solicitor yesterday adviseing that the decision to allow contracts to be cancelled has been reversed and my only course of action is to appeal this decision (at further considerable cost). If I lose the appeal I pay significant costs and will then be forced to complete the purchase. If I don't appeal I still pick up sizeable legal costs and have to complete.
Anyone else in the same position and is your understanding the same as mine?
Appreciate it if you could PM me (I'll be out of contact for a day or so as travelling but will respond as soon as back on line).
Thanks
Apr 29th 2011, 7:37 am
#3
BE Enthusiast
Thread Starter
Joined: Oct 2004
Location: Shenfield, Essex
Posts: 615
