Tuesday, October 10, 2006
Poor Build Quality – Low Yield – Row over lack of luxury at apartments..
Muppets are today reported to be up in arms becuase they were told they could make a mint from Birminghams plushest and tallest residential block. Recently completed Beethem Tower has been hit by a number of complaints such as poor build quality, and claims that investers were misled. At least six people who signed contracts to buy flats in 400ft Beetham Tower say the standard of the completed accommodation does not match claims in sales literature. David Turley is considering legal action to recover the £27,700 deposit he paid for a two-bedroom flat which had he had intended to rent out.He said he was told by sales agents to expect a monthly income of £1,200, but two-bedroom flats at Beetham Tower are currently available for £850 a month. Hard not to laugh.