Dear Phyllis and Kat 13 I am a Barrister and have had considerable experience in the problem of current completions. I would be happy for you to contact me but clearly cannot give my personal details on this forum. Do you have any suggestions in how we can converse one to one? Regards

I am afraid that you are wrong here; there is considerable precedent in this field. The court can make an Order for the return of deposits under s.49(2) of the Law of Property Act 1925. This will only be done in exceptional circumstances where there is some fault (and a high level of fault is required) on the part of the seller. see Aribisala v. ...

Franco I am aware of at least 3 developments where purchasers have been sued for damages over and above the loss of deposits. There are proceedings also being issued on a major development in Canary Wharf where the losses are enormous. Once judgment has been obtained, the developer has several options for enforcement; A Charging Order on the ...

Dear all Investors who exchanged contracts on off-plan properties which are now scheduled for completion are having exactly the same problems up and down the country. One major developer in London has 17 developments completing this year and has sold every apartment to investors. New build BTL mortgages are almost impossible to secure at present ...