Dear Sir/Madam,
We bought an apartment which should have been ready for Mar/Apr 05. For reasons we dont rightly know,( but have been told that the builder has not got the final permission to build) building has not started.
There is a clause in our contract that gives the builder 6 months extra which takes us to Oct 05. Hopefully then we will be able to get our money back although we have heard that some clients have had to wait a further 6 months before this has happened.
I had faxed a copy of our contract to a lawyer for some advice who said that it looked in order but to obtain a copy of the bank guarantee. We requested this through our agent who has just replied saying that the builder is refusing to furnish us with a bank guarantee. Are there any steps that we can take in this matter.
Thankyou.
Bernie
We bought an apartment which should have been ready for Mar/Apr 05. For reasons we dont rightly know,( but have been told that the builder has not got the final permission to build) building has not started.
There is a clause in our contract that gives the builder 6 months extra which takes us to Oct 05. Hopefully then we will be able to get our money back although we have heard that some clients have had to wait a further 6 months before this has happened.
I had faxed a copy of our contract to a lawyer for some advice who said that it looked in order but to obtain a copy of the bank guarantee. We requested this through our agent who has just replied saying that the builder is refusing to furnish us with a bank guarantee. Are there any steps that we can take in this matter.
Thankyou.
Bernie
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