MRI Overseas Property review: lies and untrust worthy 103

HELP

I have two very elderly in laws living in spain they have put a deposit down on a place in Bulgaria after being told they could get a mortgage once the deposit was paid they were then informed that the could not get a mortage MRI are now bullying them that they need the full funds and are putting the pressure on big time making them worry out of there mind. They are also saying that they require the rest of the cash for the place when claerly they dont have it. I am currently in the UK and very worries but not to sure how to sort the problem out. Please if there is anyone out there who can help please email me andreaanneoliver@yahoo.co.uk these people have to be stopped but how. Maybe all of us could contact Watchdog

this is rediculous! How are they getting away with doing this? so many people are in the same predicament and have been robbed of everything they have worked their whole lives for! does anyone have a success story? my parents purchased 2 apartments also with the exact same problems and they now face financial ruin. If anyone has any tips on how to deal with mri legally or otherwise please contact me lindakelly454@hotmail.com

has anyone invested in Turkey or know anyone who has?

has anyone invested in Turkey or knows someone who has?

I'm in a simliar positon in Bulgaria and have started my own website to give more info ...

http://myweb.tiscali.co.uk/number5/web1.htm

hi everybody. i bought a property with them and paid over 20, 000 euros deposit, i have since failed to get a mortgage and have lost the apartment. there must be a way of taking them to court as they sent me a letter in june 2006 telling me that everything was ok but just in case to look for more money. i had furnished the flat at this stage. so all in all i'm down 25000 euros. i still have all the documentation they gave me and the predicitions that i based my decision of buying on. i have tried to sell my apartment, a person from england was helping me sell it, i gave him my members login to look at the pictures, that has gone as well, and today, i find out that they are selling the same studio apartmrnts at half the price i paid. if you need any of the documentation i have just send me an email at michaelbrowne2005@hotmail.com and i will send it on. that ### has bought a football club now with our money, maybe we should tell them to watch their backs. my cousin worked for them and he left, he was owed 60, 000 euros. he told me that the boss has two bodyguards with him at all times becuase he owes that much money to people

Hi Alison
wer contacted you a few weeks ago but have heard nothing from you. We are getting increasingly desperaate, having purchased in both Cyprus and Bulagaria with MRI. They have bled us dry and there is no prospect of rental or sales. facing hugh debt unless able to fight the company with others.

Please, please get in touch and tell us how to get involved with your campaign

We put a deposit on an apartment in duquesa costa del sol it never came through. Now 3 years later we arrying to get our deposit back has anybody had the same problem? Can you contact the solicitor involved .
Hannanne G

I have put down 30% deposit for a property in Lakeview Turkey, have heard nothing from last year, and have since heard there office in Turkey has closed, do you think this is true?

Hi all, we purchased some properties with MRI in Bulgaria, and has found them a complete nightmare to deal with. With one property we could not get a mortgage, and had to borrow the funds, and with another property Aspen Golf we eventually received confirmation that the bank would lend us this money last August., Subsequently we signed all papers etc and then found out the bank would not transfer money without updated financial proof, we are still awaiting a decision. I have tried to call/email MRI regarding several issues, and never get a reply. Has anyone else had problems with the furniture installation at Aspen Golf? Paid over two years ago, and won’t install as VAT was apparently not paid. They also won’t refund deposit of rental package. Any ideas how to get out of contract?

Hi everyone... we have had dealings with MRI in Romania. They do not return e-mails...have not furnished us with a contract and we feel we're going to end up €54, 000 down...The project has been running sice Jan 07, now in its third year! As there is a group forming to fight agsinst them and their shoddy practices, please let me know how to join. The only way they can be fought is by large numbers.
Regards
Bumblebee

i have just spoken to GREIG OBENEY who looks after the aftersales in Bansko, he has assured me that someone from finance will call me today to arrange a refund "I WAIT WITH BAITED BREATH!"

i agree, i have been trying to get a refund from MRI re aftersales care/rental pac akage for over 6 months, they never return my emails and no answer on phone!. My property ORBILUX in Bansko was built and i have empowered another companty to manage rentals.
MRI are a complete scam, has anyone contacted WATCHDOG to inform them!.
The negative publicity in this economic climat would kill them

I have bought a 1 bedroom apartment in Aspen Valley Bulgaria.
I have been totally mislead as they said I would get full use of an equestrian centre and a golf course, this is completely untrue?
They have had all my money and all the paperwork is done but they have not sent my deeds so officially I don't own it yet? Nobody will answer my e-mails and I'm very worried as they've had all my money since November which is all borrowed so I'm having to juggle finances. I have now had to get an English solicitor. Anyone else in the same boat especially with this development?

THIS COMPANY IS A SHAMBLES WITH LIES AND FALSE PROMISES.THEY PREY ON PEOPLE EXTORTING AS MUCH MONEY FROM THEM AS THEY CAN BY EMPOWERING PEOPLE WITH A KANGAROO COURT CONTRACT THROUGH THERE LEGAL DEPT CALLED LEGAL INDEPENDEANT.THE CONTRACT TO WHICH PEOPLE SIGN UP TO IS TOTALY AND UTERLY CORRUPT IT HAS NO CLAUSES TO PROTECT THE BUYER.IF THIS SO CALLED LEGAL CO WAS SO INDEPENDANT THEY WOULD SPIT HOLES IN THE ORIGINAL CONTRACT FROM DAY 1 BUT THEY DON, T THEY ARE PART OF THE WHOLE PROCESS LEAVING PEOLPE HELPLESS AND VUNERABAL NO WARE TO TURN BECAUSE THEY ARE HELD BY THIS SO CALLED CONTRACT.

DO NOT GIVE ANY MORE MONEY TO FUND THIS ORGANISATION JUST BECAUSE THEY SAY A PROPERTY IS WORTH X AMOUNT IN REALITY YOU WILL FIND THIS NOT TO BE THE CASE.THEY WILL OVER INFLATE PRICES TO GAIN AS MUCH PROFIT AS THEY CAN.IF YOU BUY A STUDIO FLAT FOR 65, 000 EURO WHEN YOU COME TO SELL IT WILL BE WORTH HALF THAT BECAUSE IT WAS NEVER WORTH 65 TO START WITH.THEY LURE PEOPLE IN WITH LIES AND SPIN

IS THERE ANY LEGAL STEPS TO TAKE IF THE FACILITIES ARE NOT BUILT CAN YOU RETREIVE ANY OF OUR HARD EARNED CASH BACK

MRI CONSTRUCTION - Silver Mountain Complex Bulgaria.

if you have bought in this development or are going on an inspection trip...be very carefull!, if the hotel part of the complex is not built (it hasnt started yet) then there will be no facilities at all apart from 1 outdoor pool. Get everything in writing before paying any money.

Also check the price per square meter, this is amazingly high! especially if there are no facilities!

If you are thinking of going on a DCC property inspection trip...DONT!...google mri/ dcc and look at /link removed/ these companies cause absolute chaos financially for their clients and they always always rip off their staff by not paying them...always!

You now can't gain a mortgage through bulgarian banks. It kind off defeats the purpose of why i bought mine. planned to pay for the first payment and second payment was going to be a mortgage of set against the rental income. Right as i am trying to get the mortgage sorted out i hear from CFP that bulgarian banks are no longer lending to foreigers. Have now got he second payment holding with the lawyers but have jsut had a call from MRI asking to release the funds to them early before i sign so it would speed up the process. If i do i get free maintanence for a year. Slightly scepticle.

Alison,

I have friends who contracted with MRI to purchase 2 properties in Bansko, Bulgaria.

They paid 50% deposit on each property and are now hitting serious problems trying to get the Bulgarion mortgages...all sorts of stipulations which were not advised at the time of signing.

I just stumbled on this website. My friends will be interested in the MRI Support Group.

Anthony

they area bunch of charlatan. they cheated me as well. I am going to take them to court. could you please support me with any documents/support?

WE NEED HELP BEING OVER 65 WE CAN NOT AFFORD TO COMPLETE WITH OR WITHOUT A MORTAGE

We invested in Corvera Golf Sep 2005 off plan after high pressure selling by MRI, they said they would resell the investment Sep 2006.
We visited them in Spain in Sep 2006 they refused to see us, we have sent a large number of emails most times receiving no reply.
We finaly received a reply saying they were not interested.
We are now some 4 to 5 months from completion and lok like loosing 74, 000 euros
We need help to cancel the contract.

Philip & Mavis Warrilow

Hi Alison

we have started to combine groups now and are collecting people's stories and statements of their experience with this company, CFP and the solicitors legal Independence. We are all people who are going through the same ordeal. There is a member who has worked very hard to recognition from their MP and MEP. These in turn are contacting the OFT and others.

Anyone else who feels lost in this, please get in touch and add your story to help prove there are many people who have been misled by these companies.

It is called the MRI Support group.

mrisg@hotmail.co.uk