Reply To: Walk Away

#77540
Anonymous
Participant

Hi
So the mess gets worse 👿
So you dont complete you loose your deposit and any shortfall in the value if the property prices crash they come after you.
I would assume that this will be means intererest and management charges that they will put on.
If you complete and you cant pay they come after you anyway. 😡
No wonder the banks are comfortable with the situation and what happens if the developer goes bust. 😕
Will the banks expect you to complete as per the contract or will you just loose the deposit.
Now may be that PLAN B is no longer an option that many have considered, 😕
Can I change my vote as its a bloody train crash 😡

Frank 8)