Hiya,

I have purchased a property at Regency Towers
Could you please pm me these details please

Thanks

Have you seen this regarding Regency Towers?


those buyers who have real cause for concern are those who have bought on regency towers as this is phws only development that is nearly (but not quite) complete (it is taking a very long time to finish off and it appears that there is a shortage of cash to get the place finished - what other reason can there be for the place not being finished long ago) Therefore these people will have handed over most if not all of their money, here is the first problem. Andrew Harris does not own the building - fact. The building is actually owned by an egyptian man who is waiting for his money from the units PHW have sold. Here is my concern. What happens to all the people who have bought on this development IF PHW suddenly ceases to exist? The Egyptian owner will say where is your contract? I have sold you nothing. If you have your contract I would check who you are buying the apartment from. If you are not buying it from an Egyptian then I would be very worried. If for example it says on your contract that the seller is phwor 1st Leisure or Andrew Harris then the contract I would summise is VOID as none of the above are the actual seller. We have a close friend who nearly bought on regency towers but throughout the course of doing his own due dilligence he discovered this discrepancy and decided it wasnt safe to proceed this was over a year ago so maybe by now the contracts have been changed in which case there is less cause for concern. Our worst fear for the buyers on regency towers is that they have bought a unit from someone who cant legally sell it to them, this person/company then disappear and the real owner arrives on the scene, the people that think they own in fact do not and are left with nothing while the company/person that has taken all the money is crusing off into the sunset.
the more me and others look into Andrew Harris and PHW the more bad feelings are uncovered