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JGM, Solicitor
Category: UK Property Law
Satisfied Customers: 11544
Experience:  30 years experience in property law.
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I bought 3 flats with mortgages in 2004 110K each? However

Customer Question

I bought 3 flats with mortgages in 2004 for about 110K each? However due to poor construction they are now worth only 70K each. Do I have a legal case? Some of us will really be screwed on 15 year mortgages.
Submitted: 2 years ago.
Category: UK Property Law
Expert:  JGM replied 2 years ago.

When did you discover the problem and what do the original surveys say about this? Were the flats new when you bought them?