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Old 18.03.2019, 22:05
BenVevey BenVevey is offline
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Re: Mortgage Problem - HELP!

Quote:
Also be certain that you have correspondence that the builder/developer knows that you cannot pay him since it is the bank who demands an extra paper that he has to provide before releasing any money.

This might come in very handy if shit ever hits the fan. The law is the law but things are not always that strict, and if ever it comes to court it would be weird to me that it would be deemed reasonable to have you pay extra costs towards the builder/developer due to them delaying or not providing an extra paper.
Thanks! I have retained all the correspondence. Even have an email from BCV saying 'please go ahead and sign the construction contract' (thereby opening myself up to liability thereunder) after I asked whether they had all the documents they need. "Yes, was the reply - and we are in touch with the developer to secure the attestation we need."
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