Hi Rob,

It's not quite a no yet as I can see no 'good reason' why the developer shouldn't grant permission. As far as I can see the contract clearly states I can reassign it, so from a legal point of view that's that. If the situation were the other way round I wouldn't feel too confident about challenging it.

The two options possibly available are either to reassign as discussed or rescind the contract in some way and regain the deposit. Not ideal, but I talked over these and other possibilities with Dedak this week and am awaiting word back on what my options are.

I'll let you know what transpires, should probably be early next week sometime...

I'm still also researching a way to refinance my other properties to apply for a mortgage for Triveze - won't bore you with the details but current lender in the UK has strict rule regarding rent/payments ratio of 1.25 which needs another interest rate drop to satisfy...

Neil

Neil H

I guess you got the email from Cresco yeterday, i also emailed Thomas from Dedak to see the options of getting out of the contract, have you heard back yet ?

Rob

ps i guess i now have your email from Cresco, can i contact you direct

Hi Rob,

Haven't been dealing with Cresco directly - could you forward the mail to me?
No problem with you contacting me direct.
Still talking to Tomas about options.

Neil

Rob, it just occured to me that if you got a mail from Cresco which was also sent to me then the email address might be wrong as I didn't get anything from Cresco myself.

It might be worth checking that there's a letter 'r' between the first and last names in the first part of the mail - they've got this wrong in the past...

Cheers, N