Wednesday, Dec 17, 2008
2 days old, but interesting..
manchester evening news: Property investors launch legal action
A PROPERTY management and development company is facing legal action from 30 customers who fear they may lose more than £320,000 worth of deposits on apartments between them.
The potential legal action against Salford-based Dylan Harvey Group is being led on the behalf of the investors by Manchester law firm Pannone.
Posted by mark @ 01:55 PM (283 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. fjcruiser said...
There is always a risk in buying off plan, that's why you buy at a discount to finished property. Unless the legal contract was fraudulent, the investors will get their deposit back and not a penny more.Sometimes you win, sometimes you loose. How many investors fail to read the small print?
2. dude said...
This is a quandary: whom do I support? The Property management company, greedy, good-for-nothings, trying to make a fast buck. Or the investors, greedy, good-for-nothings, trying to make a fast buck.
Should be a good spectator sport!