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Republic of Ireland Law

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in Republic of Ireland Law, UK Law, UK Property Law, UK Bankruptcy Law, UK Employment Law, UK Traffic Law, European Law
Current Job Title:
Barrister
Most Advanced Degree:
Master ' s Degree
Professional Licenses:
Barrister, England & Wales 1993, Ireland
 
 
 

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Recent Questions by Buachaill

 
 
 

  • hELLO, I paid a deposit of 50,000 euro and applied
    hELLO,
    I paid a deposit of 50,000 euro and applied 4 a mortgage ot 185,000 euro to buy off plan penthouse in Larnaca in dec 2007,I used a lawyer who was introduced to me by the builder,the company is called Investors In The Sun,a UK company.So far the project has not started,because the company cant raise the mortgages,There are 10 other appartments in this proposed developement.For me ,this was a buy 2 flip situation.But now ,with devaluation,if it gets built,the resale value would barely cover the mortgage.Im hoping it wont get built,and is it posssible 2 get my deposit back,I presume the other 10 investors are in the same position.Can they legally keep those deposits.
    Regards XXXXX XXXXX Ireland
 
 
 
 
 
 

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