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Builders rip off plans

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rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
12/08/2008 16:11

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Message 1 of 29 in Discussion

On Robins Space blog dated 2-8-08



'Talked to a builder (TRNC) in a bar one night, whilst there, who under the influence of several rakis too many, admitted, that, Builders were building off plan with the intention of never finishing the project.

His words more or less were. We get most of the profit for the initial stages. The cost of land and the bare skeleton of the house are the cheapest bits, we know we will never get water and never get electric to the site but tell the customer it is the governemt that is to blame. Once the customer has paid 75%-80% of the price we have made about 50,000 GBP profit and just leave it. What can happen to us? Nothing. He smiled and drank another raki. Deep insight indeed'

http://i-see-why.spaces.live.com/?_c11_BlogPart_BlogPart=blogview&_c=BlogPart&partqs=amonth%3d8%26ayear%3d2008



Does this come as a surprise?

Martin



No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
12/08/2008 16:36

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Message 2 of 29 in Discussion

You can't 'tar' them all with the same brush!



deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
12/08/2008 16:50

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Message 3 of 29 in Discussion

no different builders been doing it in the uk for years on extentions proberly taught them they are known in uk as rouge builders



wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
12/08/2008 17:16

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Message 4 of 29 in Discussion

deecyprus4,



Must have been staunch labour builder then!



wyn



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
12/08/2008 18:39

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Message 5 of 29 in Discussion

message 1 also builder puts out brochure , now if this is not an indication to what the finished site would look like , why put it out ,??? then decides to bulid more buildings on the on the site , than originally stated , then as you say decide to walk away leaving the site resembling still a buliding site , with all not in situ , then hands it over expecting customers to cough up maintenence plus continginincy funds in advance so in actual fact customers are then finacailly finishing off the said complex , then all left in limbo . ????



deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
12/08/2008 19:33

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Message 6 of 29 in Discussion

all the strokes that are going on here have been going on in spain portugal 15 20 years ago and spain still are having probs land grab building with no planning and so on



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
12/08/2008 19:47

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Message 7 of 29 in Discussion

NMESSAGE 6 Maybe so but still does not justify it happening in the TRNC .



deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
12/08/2008 19:56

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Message 8 of 29 in Discussion

very true front loading is a major problem any where in the world there is a english serveyor in trnc he would be how to advise on payments structure you wouldnt part with your money in england without a serveyors report or a artitect report



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
12/08/2008 19:58

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Message 9 of 29 in Discussion

Better still by a resale , you know exactly what you are getting .



deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
12/08/2008 20:06

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Message 10 of 29 in Discussion

i totally agree but that does not help the people that havent i would never buy off plan



mitsi


Joined: 14/08/2008
Posts: 345

Message Posted:
14/08/2008 09:55

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Message 11 of 29 in Discussion

Remember Let the Buyer Beware. Would you buy a property in the uk without the deeds? Why do it here or abroad. Too much sun methinks.



p4aul


Joined: 12/10/2007
Posts: 71

Message Posted:
14/08/2008 10:10

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Message 12 of 29 in Discussion

rtddci



Without stating the obvious here, before you parted with your money, did you not inspect other properties that the builder had completed? Did you not speak to other clients who had used the builder? Or did you just stick a pin in a telephone directory of builders and said he will do?



So if what you say is true, you would never had seen any completed projects from your chosen builder, you would only have spoken to unsatisfied customers still waiting for their properties to be completed.



Can you explain why you would even consider using such a builder?



There are some good builders in the TRNC, I know because I used one, and he was excellent.



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 10:12

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Message 13 of 29 in Discussion

yes in principle i agree , but we did not buy in UK we purchased in TRNC ,on the good faith of developers , estates agents , solicitors , following what the law said at the time . We were all led to beleive , now surely if the solicitor advises all is ok , what do you do . in my opinion we took all the measures in place at the time to do things rght , and also at the time we had reasurances from government that our purchases were safe , government officials publicly said this to reassure buyers , in my opinion we did all in our power to safe guard our purchase .



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 10:18

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Message 14 of 29 in Discussion

sorry went off track re message 13



ROBIN HOOD


Joined: 26/05/2008
Posts: 238

Message Posted:
14/08/2008 16:08

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Message 15 of 29 in Discussion

In answer to reply 12. The company, Armacon took us with their Agent(now out of business) to several desirable house and grand villas. Subsequently it turns out that these were not built by them. How do you tell. Like people who get email photos of work completed to coerce stage payments. Not until you get there do you find the pictures were of another house on another site. We were, I might add, steered well clear of any customers to confirm satisfaction. They were all unfortunately out of the country at the time.

It's all smoke and mirrors.



tinker


Joined: 14/08/2008
Posts: 156

Message Posted:
14/08/2008 16:54

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Message 16 of 29 in Discussion

Message 9

Better still by a resale , you know exactly what you are getting .



You see what you are getting... You don't know what you are getting...



3 years down the line still on "Builders electric"... Almost 300 for 1 month...



Beware that was a resale...



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 17:51

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Message 17 of 29 in Discussion

tinker that electric bill sounds about right , electric has gone up in price such a lot , good point for all who are looking for a resale , check you are not on builders electric .



rayz1


Joined: 22/03/2008
Posts: 65

Message Posted:
14/08/2008 19:35

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Message 18 of 29 in Discussion

How can 300 pounds a month seem about right



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 19:48

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Message 19 of 29 in Discussion

Under the new prices for electric in North Cyprus, 587 units cost at todays rate 108GBP.



In UK the current price for 587 units is 84GBP.



The current minimum wage in North Cyprus is around 432GBP a month



The current minimum wage in UK is around 957GBP a month.



It is said people in UK are struggling to pay their electric bills, so how on earth are people in North Cyprus able to pay!!!



Just copied this from another post , i know everyone is up in arms about the increase , do you know how many units you have used . ?



rayz1


Joined: 22/03/2008
Posts: 65

Message Posted:
14/08/2008 20:02

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Message 20 of 29 in Discussion

Im not actually in trnc yet still awaiting completion but just assumed bills would be comparable from what Ive been told to this countrys bills



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 20:10

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Message 21 of 29 in Discussion

rayz1

Last year they were quite cheaper , but this year they have trebled in price our friend had a bill for 622 for 6 weeks , so very very expensive .



brandy sour


Joined: 09/04/2008
Posts: 310

Message Posted:
14/08/2008 20:46

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Message 22 of 29 in Discussion

Two years ago when we purchased a new build (still waiting)that was the way to go but now its resale because to many have been built can not win either way



tinker


Joined: 14/08/2008
Posts: 156

Message Posted:
14/08/2008 20:55

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Message 23 of 29 in Discussion

"Builders electric" in Jan... 2006 was 0.24 / unit...

The last bill on Wednesday was 0.823652 / unit...

690 units used 638.95YTL @ todays rate of 2.21 it is 289.12p

Near enough to almost 300 in my book & if rayz1 thinks thats about right

he / she must have more money than sense...

Its more than a third of our pension...



rayz1


Joined: 22/03/2008
Posts: 65

Message Posted:
14/08/2008 21:25

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Message 24 of 29 in Discussion

Rayz1 here tinker I was astounded at rate of electric not saying it was about right



tinker


Joined: 14/08/2008
Posts: 156

Message Posted:
14/08/2008 21:43

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Message 25 of 29 in Discussion

Sorry Rayz 1... Must get some new glasses... No chance yet...



Message 23... Substitute PIPIE for rayz1



Sorry again



Tinker



Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
14/08/2008 21:51

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Message 26 of 29 in Discussion

Sorry tinker , does that help , Oooops im all confused now !!!!!!



bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
14/08/2008 22:22

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Message 27 of 29 in Discussion

On the subject of rip of builders, I noted that Cyprus Today states that Mr Gary Robb is planning to build 2 new sites!!!!



220 at Alagadi and 350 at Catalkoy.



Anyone interested?????????



ROBIN HOOD


Joined: 26/05/2008
Posts: 238

Message Posted:
14/08/2008 23:40

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Message 28 of 29 in Discussion

Put me down for 100 at each site. They have to be a good bet. Or??????



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
15/08/2008 00:13

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Message 29 of 29 in Discussion

Do you think Gary's mum will buy one or two?



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