Off-plan investments and the risk of lost deposits
https://dewarhogan.co.uk/wp-content/uploads/2019/12/Development-issues--1024x133.jpg 1024 133 mattd mattd https://secure.gravatar.com/avatar/854e268b6cbf4d6f0c2f99bb0d75cced?s=96&d=mm&r=gPicture the scene. An off-plan investor contracted two years ago and paid substantial deposits. The longstop date has passed and construction is continuing – but slowly. The investor is losing faith in the developer and is impatient. He has the right to rescind the contract and require the developer to repay the deposits. What should…