Anyone bought a Property at the Manyoo development in Manc?

[Ruskie]

Just wondering if anyone on here had purchased one off plan as I did and what their feelings on it are?

[Dupont666]

how much did you buy for and what did you get?

[Dupont666]

is this the same location that has multi million pound charges against it so would make selling difficult or does that only affect the freehold company and not the leaseholders?

[eccles]

That's a blo*dy awful name for a property development!!Was it named by primary school kid?

[Ruskie]

Dupont666 said:

is this the same location that has multi million pound charges against it so would make selling difficult or does that only affect the freehold company and not the leaseholders?

Not sure. It is in Salford, construction has been halted. I bought a Studio so not a massive amount of money.

[Rollin]

A quick internet search reveals that it looks the developer is going under (alledgedly) and that deposits will be repaid by insurer.

[Dupont666]

Ruskie said:

Dupont666 said:

is this the same location that has multi million pound charges against it so would make selling difficult or does that only affect the freehold company and not the leaseholders?

Not sure. It is in Salford, construction has been halted. I bought a Studio so not a massive amount of money.

Assume its this:

http://www.offplan-investor.com/developmentDetails...

If so, sorry to spoil your day dude:

http://www.crainsmanchesterbusiness.co.uk/apps/pbc...

http://www.moneysupermarket.com/community/forums/t...

[Ruskie]

Dupont666 said:

Ruskie said:

Dupont666 said:

is this the same location that has multi million pound charges against it so would make selling difficult or does that only affect the freehold company and not the leaseholders?

Not sure. It is in Salford, construction has been halted. I bought a Studio so not a massive amount of money.

Assume its this:

http://www.offplan-investor.com/developmentDetails...

If so, sorry to spoil your day dude:

http://www.crainsmanchesterbusiness.co.uk/apps/pbc...

http://www.moneysupermarket.com/community/forums/t...

Very interesting reading. I was aware of the problems with KW Linfoot. Hopefully I can get my deposit back via Zurich Insurance. Are you familiar with the legality of this situation? My solicitor is on Maternity leave

[Dupont666]

Ruskie said:

Dupont666 said:

Ruskie said:

Dupont666 said:

is this the same location that has multi million pound charges against it so would make selling difficult or does that only affect the freehold company and not the leaseholders?

Not sure. It is in Salford, construction has been halted. I bought a Studio so not a massive amount of money.

Assume its this:

http://www.offplan-investor.com/developmentDetails...

If so, sorry to spoil your day dude:

http://www.crainsmanchesterbusiness.co.uk/apps/pbc...

http://www.moneysupermarket.com/community/forums/t...

Very interesting reading. I was aware of the problems with KW Linfoot. Hopefully I can get my deposit back via Zurich Insurance. Are you familiar with the legality of this situation? My solicitor is on Maternity leave

Me.... No.... The name rang a bell with something I read a while ago and then it just clicked that it was having issues in May...