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Builder sold land for rented property development
eithnemc
Posts: 32 Forumite
When we bought our property back in 2006 the development was still on going. We were shown plans of future builds to finish development. The developer stopped building due to recession, but we always thought this would eventually be finished.
We have just learned he has sold the remaining land for rented property development.
Is he legally allowed to do this, as we all bought under the understanding it was going to be a private developement?
We have just learned he has sold the remaining land for rented property development.
Is he legally allowed to do this, as we all bought under the understanding it was going to be a private developement?
0
Comments
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yes he can, you saw plans, not guarantees, plans change.0
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Buy some England flags so you fit in with the new neighbours.0
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Tbh, even if it had stayed as a private development, you couldn't have stopped people buying to rent out...0
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It could be worse - he could have built x number of social units there...
oh hang on...
in all seriousness, if it wasnt rented, it would be social, and if it was not social, it would be shared equity, and if it wasnt that it would be help to buy
or you may get lucky and it may be retirement apartments0 -
poppysarah wrote: »Was it in writing as part of your purchase contract?
No it wasn't, so I probably have no comeback.0 -
Oh of course because people who rent are a lower class to home owners aren't they :mad:0
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