Singing Pig

Hi All,

I am in touch with numerous TIC cutomers and we have formed a sizeable group to lobby our case forward. TIC and its associated companies have taken interest and have tried to pressurise us, although we are progressing further and seeking correct advice prior to taking appropriate action.

If you would like further details and would like to join in, please send me a message or reply to this post.

Thanks.

Count me in - just received the letter today from Key2Law advising they are seeking to recover 10% + arrears + £3500 (plus VAT) from agreement to assignment!

 Does anyone have any information on this as I have no records of any documents signed or anything around those dates!

Nice way to start the bank holiday weekend!
 

Hi David

I had exactly the same kind of letter today from Key2Law on behalf of "R&B Property Partnership".

I have been in contact with other people and none of us ar eclear whether R&B have sent this because they think we do not wish to go ahead wth a proeprty.purchase. In my case I am still willing to go ahead, so why this?

I'd like to hear frm other people before I do anything.

 Thanks

 Jezza Investa

I have got myself involved with TIC and have lost shed loads of money. i am now being sueded for non completion of properties that i cannot afford to complete on because of the credit crunch.

I think we should arrange a group of us to fight them or the holding company R&B Properties.

I have had lots of confusing and misleading information.

 Regards Steve
 

I totaly aggree, i have been stuffed along with many others . I believe a group of us should fight and expose the holding company and its directors.

Steve

 Phone: 07850162204
 

Yes i would put my srory accross.

Steve on 07850162204 

Count me in they are sueing me for non completion of several properties.

Steve

Phone no: 07850162204 

crooks:

Hi David

I had exactly the same kind of letter today from Key2Law on behalf of "R&B Property Partnership".

I have been in contact with other people and none of us ar eclear whether R&B have sent this because they think we do not wish to go ahead wth a proeprty.purchase. In my case I am still willing to go ahead, so why this?

I'd like to hear frm other people before I do anything.

 Thanks

 Jezza Investa

I think this letter is a warning shot - i.e. what they will do if we walk away given thestructure of how TIC purchase property (i.e. a guarentee to complete with the developer if the purchase falls through) the law firm is on a no win no fee so no loss to TIC if they recover money or not but useful to focus the mind of the purchassers.

I'm not clear what the legal obligation is as I have exchanged - I have the mortgage offer in place via TMB from the Halifax and stands for 12 months. This letter would appear to be assuming that I have no intention of completing in which case I would expect to be sued by the developer anyway.