Yes an excellent posting by Charlie and grateful to Drakan to correct the variuos issues.
As Charlie points out hopefully people will listen and take note but this shows that every case MUST be on an indiviual basis and no one fits all senario will ever work.
Also shows that all lawyers are not as stated in the posting.
Think someone needs to clarify who owns what and what happens if you havent completed on a property and the developer goes bankrupt
“The bank funding the developer owns it and can take it from you if the the developer fails to meet their ‘mortgage’ payments, goes bankrupt etc.
With all these arrests/court cases/bankrupcies going on, do you really want to take the chance?”
Now what happens to the deposit paid ?