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Bought Off Plan....but Cant Afford It Now!!! Please Help!!!

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Comments

  • napoleon wrote: »
    In jock's world, ambition, drive, ability = buying rip-off new build flats that nobody wants. Brilliant :rotfl:

    You're nearly as big a muppet as the bloke that bought the flats.

    Now that is nice.......a muppet.........like to see you rising to the challenge of a reasoned debate and arguing your position with so much skill and authority, well done.

    Maybe, just maybe I am a muppet by your definition, but not a chance I would swap lifes with you, clever as you are.
  • neas
    neas Posts: 3,801 Forumite
    He got it wrong, attempting to make it rich quick..

    But it is correct, if he can get out of it then, he deserves to.. as he has fought to escape.. if he can't ... then that is the consequence of his financial decision isn't it. Again though... its a solictor/lawter type you need to find the discrepencies in he conract.

    Sounds weird but these cases are testament that housing market is coming down , down closer to affordable levels so it is good in some ways to see these.
  • meester
    meester Posts: 1,879 Forumite
    RabbitMad wrote: »
    A lottery ticket, backing a horse, roulette is gambling.

    Buying a property, some shares or opening an icelandic bank account aren't gambling.

    What the OP has done (if the op exists and isn't a troll) is

    been scammed and bought into a dodgy 'gifted deposit' scheme and thrown away tens of thousands due to not checking what he was doing.
  • Banderman
    Banderman Posts: 351 Forumite
    You can kid yourself that buying flats that haven't even been built is 'investment.' But it ain't, it's GAMBLING. And the gamble lost.

    P.S. You should stop trying to welch on your bet and pay up
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    But aren't gambling debts not recoverable in court?
  • mjdh1957
    mjdh1957 Posts: 657 Forumite
    Part of the Furniture 500 Posts Photogenic
    poppysarah wrote: »
    But aren't gambling debts not recoverable in court?

    Apparently they are now, with the new gambling legislation brought in at about the time the government wanted to start building new super-casinos!
    Retired in 2015.
    Moved to Ireland September 2017
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    mjdh1957 wrote: »
    Apparently they are now, with the new gambling legislation brought in at about the time the government wanted to start building new super-casinos!


    That'd make sense with this government.

    Didn't they cancel the supercasino though?
  • RabbitMad
    RabbitMad Posts: 2,069 Forumite
    meester wrote: »
    been scammed and bought into a dodgy 'gifted deposit' scheme and thrown away tens of thousands due to not checking what he was doing.

    I hardly think he's been scammed - stupid prehaps but I don't think that selling new builds have been a scam.

    However I said it before and I'll say it again - I suspect the OP is a troll as a few of the posts just don't ring true.
  • silvercar
    silvercar Posts: 49,753 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    The "con" if there was one, is that the property was never worth what the buyer signed upto pay. The builder may have persuaded the buyer to sign a contract giving a value of XX to the property. It was never worth XX at the time the contract was signed as it wasn't much more than a plot of land. It isn't anything like XX now as prices have fallen. A builder would have a hard time convincing a judge that the buyer should be forced to pay anything above the 10% deposit IMHO. The fact that a builder persuaded a buyer to pay XX, won't convince a judge that it is now reasonable to expect the buyer to cover losses. That is presuming that there is a builder prepared to stand up in court and try to convince a judge that XX could ever have been a true value for the property.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • amitabh1
    amitabh1 Posts: 58 Forumite
    RabbitMad wrote: »
    I hardly think he's been scammed - stupid prehaps but I don't think that selling new builds have been a scam.

    However I said it before and I'll say it again - I suspect the OP is a troll as a few of the posts just don't ring true.

    ....and which posts may they be??
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