Macanthony Realty International ,Mri 4 years on and still waitng for offplan apart. Heardnothing from their lawyers for 6mths Marbella Other
We bought an off-plan proprty from mri 4 years ago. We remortgaged our house here to pay the deposit of 30% on e172,000 (interest only). Developers forecasted completion date as April 2007, with 2-3 years rental by which time we would have retired and hopefully have a place in the sun. The apartment was finally completed last year which was when we stopped hearing from Capital Financial Parteners and mri aftersales sevices. CFP could not get us a morgage over there, although in the beginning it was assured that we'd have no problem. I spent 3 years photocopying and sending 3 monthly bank statements and payslips all for nothing. I contacted the lawyers of mri who are handling the purchase and told them due to the recession that it was not likely that we were going to get a morgage and looked like we were going to have to cancel and try to get our money back. They said they would have the documents drawn up for us to sign. This was back in February and I haven't heard anything since. Is anyone handling this case as there seems to be many more of us in the same position. Needless to say I'm still working as we have a 40000 remorgage to pay off and nothing to show for it.
Jo
London
United Kingdom
1 Updates & Rebuttals
Janet
Wigan,Europe,
United Kingdom
mri/cfp/li have apparently done this too many, many people
#2Consumer Suggestion
Mon, July 13, 2009
Hi.
I'm really sorry to hear what has happened to you, but not surprised.
I would suggest that you e mail LI on a daily basis to find out what exactly they are going to do, if in fact there is anything they can do.
I take it you paid CFP a fee to get you a mortgage. I would also e mail them daily until they reply. They may not be able to get you a mortgage, but they should give you the money back that you paid them. This company know that they will probably go out of business because people can't now seem to get mortgages in Bulgaria, so there is no service for them to provide. Because of this they are apparently unwilling to give people their money back.
Unfortunately, I don't hold much hope of you getting your deposit back and from what other people have said MRI don't care and won't help you.