We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Section75 claim
Comments
-
Thanks for the info.
I paid £4000 deposit on credit card for a property in Spain, the a further £25,000 by transfer a few months later. Stupid I know but you live and learn. The company has since folded without laying a brick.
You need to tell us how much the total cost of the property was?
I think it was 2007 the total you could claim against was increased from £25k to £30k.
So in 2004/5 if you paid more than £25k you would seem not to be covered.0 -
Hi, It has been in dispute since about 2009, the company went pop in 2010. The director is being investigated.
The total for the deposit was 27k0 -
-
.. although if the OP had taken a loan with the express intention of using it for the purchase, it would probably be covered under s 75A
(Off-topic I know)We need the earth for food, water, and shelter.
The earth needs us for nothing.
The earth does not belong to us.
We belong to the Earth0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 262K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards