After seven years of fighting, things are finally looking better! My Court Case is being filed and the Bank or the Developer are going to have to pay up!
This Blog documents some of the highs and lows of my journey and gives useful tips along the way for those finding themselves in a similar situation.
I have spend Ten years on this project including now ten trips to Spain to see Developers and Lawyers about how to get my money back. It has been like a second job to me but hopefully all worth it in the end… especially with a favourable exchange rate for converting Euros back to GBP and with the chance to claim legal interest on the amount owing at around 3 percent per annum!
After finding out about my work, others have asked and I have manage to help them get their money back successfully. My situation is more difficult than most so helping others with their situations was little problem to me. Anyway, I had my case heard in late 2019 and the judge gave the judgement in my favour. The bank was ordered to pay my capital back plus 50% in accumulated interest. However, the bank can appeal and just before expiry of that period they appealed, so my case has to now go to the court of appeal.
Below is a shot of how far my development got before the bank stopped the funding… leaving me with nothing! And they didn’t even offer to refund my deposit!