15:23 PM, 15th March 2016, About 5 years ago 3
Eager to increase our portfolio to 3, and with increased amount of investors in Hastings and property prices rising and cash in the bank we jumped at a cheap 3 bed flat in the town centre.
Seeing that it was of solid construction we did not get a survey done and for a quick transaction and to cut costs we decided against searches. Everything was hunky dory, we got nice tenants in, 20 months in we decided to get a mortgage to buy another property before the 3% stamp duty only to discover on the plans that it only a 1 bedroom, no landlords permission or building regs. We have major plumbing problems too. Another piece of advice, keep clear of mascerating toilets, 4 call outs in 20 months at £300 a pop.
Then to add insult to our stupidity, we were told when purchasing the flat that there was an £8000 major works bill due in, so when it arrived 12 months later we duly paid thinking that everything was above board and section 20 had been followed. Concerned that no work had been done and a request for another £4000 came we challenged this to find out that there had been no section 20 consultation done and that and they are still at a revised specification stage.
I have now demanded my money back, which they have not done. They said they would do it if I put in writing that I would cough up the full amount 7 days of work commencing. Personally I think they have no right to demand this and just want my money back, know they are not returning my emails.
Any help to get out of this mess would be appreciated, one good thing is freeholder has agreed to give permission as is embarrassed about situation. Can I just get it in writing while I have her on the run or does it have to go through a solicitor, any one know.
Thanks in anticipation.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|