Update June 2024

Update June 2024

Thank you for your continued patience. Our last update in May advised that our contractor, ARJ Construction, had entered administration and that we were assessing the outstanding work required to finalise construction.

We are progressing towards getting the final works contracts awarded, however this is still in progress and has not yet been finalised, but we must advise it is anticipated that completion won't be able to take place until the end of the calendar year at the earliest. I know this will be bitterly disappointing news and we sincerely apologise that this is the case.

We would hope that you are in a position to hold on and continue with your sale, however, we accept that not everyone will be able to do so. Therefore, if you feel unable to commit to waiting until the end of the year, then we would advise you to speak first to your solicitor about your options.

If you have already exchanged on your property, you now have the opportunity to rescind your contract. If you contact us between now and 5th July and you wish to rescind your contract, then we will process this accordingly and we will kindly return your deposit monies to you, including your reservation fee. If we do not hear from you by 5th July, then we will presume you wish to remain exchanged on notice.

The dates above are not certain and remain subject to change.

We have received a number of questions from buyers, and we thought it might be useful to share these questions and answers with everyone.

1. When can I move in? We cannot provide a date.
2. When will works continue? Until a new contractor is in place, no work is being carried out at Corner Place.
3. Is end of the calendar year realistic? Please note this is the earliest we anticipate, this is not a target date to be worked towards.
4. My mortgage offer is expiring soon, what shall I do? Please speak to your financial advisor however it may be sensible to hold off renewing until an estimated handover date can be provided by us.
5. Will I be compensated for this delay? No, we have offered the opportunity to rescind the contract and reservation fee, no offer of compensation will be made should you wish to continue with the sale.
6. When will the next update be? Until a contractor has been found we are not in a position to provide regular updates. Once a contractor has been appointed and approved, we will inform you.

We apologise this is not the news you were hoping for, however we thank you for your understanding.

Kind regards