Sunday, 10 January 2010

Update on Bulgarian Mortgage - Sunday 10th January 2010

Happy New Year!

Well it's off to a very cold start in 2010 and there's still no change with the Bulgarian mortgage.

I've managed to make 2 £400 payments to the developer in December and in January using money made from holiday rentals.
I'm not sure how long the developer will let me do this for though?

On a positive note it's good to see people are planning ahead and have started to look at booking their 2010 holidays.

I'll hopefully have more news towards the end of this month!

Speak soon!

Saturday, 12 December 2009

Update on Bulgarian mortgage

Well Christmas is getting closer, so money is getting tighter!!
However I recieved an email from the developer this week to confirm they're happy with me making payments of GBP 400 per month, hopefully this is until I get a bulgarian mortgage approved??

Fingers crossed for better news in 2010!

Merry Christmas everyone! X

Sunday, 1 November 2009

Update on Bansko - November 1st 2009

well it's a new month and I'm still waiting for the bank to evaluate the property.

I believe this will now be a week on Monday. I sent the developers an email to offer a new payment plan of GBP 400 per month but received a harsh threatening response from the sales department. I know other owners on the complex are in the same boat.

I'll see what response I get tomorrow!

Sunday, 11 October 2009

Update on Bansko - Sunday 11th October

Well as they say no news is good news!

I'll be making the call tomorrow for an update and see where I stand.

I've been advised that home insurance in the UK can sometimes cover legal fees if you buy property abroad. I never knew that! I checked the T&Cs and you csn get cover for 50K, but I never ticked the box!! So not covered!

Volce Dita Apartment in St Vlas, Sleeps 4

Sunday, 4 October 2009

Update on Bankso - Sunday 4th October

Well after 16 months of waiting, it looks like the developers and the banks may start to work with us

The bank have agreed to visit Bansko next week and re-evaluate the complex and my apartment.

We may be able to negotiate a payment plan, so have agreed a monthly payment for them to review. They will come back to me within the next week or so.

Fingers crossed!