Quote:
Originally Posted by deedee1
 Hi all,
Can anyone explain the meaning of the recent letter that sanchez have sent out to purchasers?
What does it mean?
And what can we do?
Where do we stand?
Any info would be great?
Thanx-d |
Hi guys
Sorry been away for a few days so a bit behind on repying to all the queries on the GS situation. Most of you have had now had your letter from GS requesting your agreement to proceed to contract as soon as licenses are granted. For those that you do not wish to proceed (which i guess is most of you) you have to write to GS in the same way as they wrote to you (ie recorded delivery) advising that you are not happy to proceed to contract and you would request your refund of your deposit on the expiry of your original reservation deposit. At the same time you should also send an instruction to your lawyers aslo advising that you wish to pursue a refund from GS on the expiry of the contract. If this is done via the bank guarantee which i guess will have to be the case you only have 30 days from the expiration of your reservation contract to submit your refund request to Barclays.
I hope this helps
Lisa