The Limited Times

Now you can see non-English news...

Ruifeng's breathing plan suffers from the "deadline" of the transaction date. Collective complaints are followed up by the Consumer Council

2022-07-04T12:16:51.939Z


Changshawan Ruifeng (previously known as Evergrande Ruifeng), which was originally held by China Evergrande (3333), a partner shareholder Ding Pei Group, was transferred to its partner shareholder Ding Pei Group. Plan”,


Changshawan Ruifeng (previously known as Evergrande Ruifeng), which was originally held by China Evergrande (3333), a partner shareholder Ding Pei Group, was transferred to its partner shareholder Ding Pei Group. "Plan", "Interest-free and mortgage-free for the first two years" high percentage mortgage is 90% one mortgage, but after the project is transferred, the current developer only provides 80% one mortgage, which means that the relevant buyers have not completed the transaction within the time limit or cannot get a mortgage. will be killed immediately.

The incident has accumulated about 20 sufferers. Today (4th), accompanied by Legislative Council members Deng Jiabiao and Jiang Yuhuan, together with the sufferers met with representatives of the Consumer Council.

Tang Jiabiao pointed out that the Consumer Council is committed to coordinating and solving the problem with the developer, and the victim has applied for the Consumer Litigation Fund for further processing.


20 prospective buyers fail to complete transactions involving $10 million

On the 15th of last month, the owner of Ruifeng in Changsha Wan disclosed to Hong Kong 01 that he received a letter from the lawyer representing the developer, saying that since the buyer failed to pay the final amount and complete the transaction on or before June 7, the buyer needs to pay the developer to the developer. Overdue interest, the interest rate is 2%, and it is necessary to pay the mantissa and interest within 21 days from the day (i.e. July 5) and complete the transaction, otherwise the developer will confiscate the deposit, recover interest or any loss and take legal action.

Legislative Councillors Tang Jiabiao and Jiang Yuhuan accompanied about 10 sufferers today (4th) to meet with representatives of the Consumer Council, which lasted more than an hour.

Deng Jiabiao said that the documents and promotional leaflets of the original developer's sales site all indicated that there was a "Borrowed Breathing Plan" and 90% one click.

However, after the equity change, the new developer did not recognize the relevant responsibilities and only provided 80% of the mortgage, which was different from the original plan.

At present, 20 prospective buyers have been affected and lost their budgets and failed to complete the transaction, involving an amount of 10 million yuan.

Tang Jiabiao said that the Consumer Council promised to convey it to its committees to follow up after the event, to conduct research on the "breathing plan" and to coordinate with the developer on the incident, to assist the owner to restore the initial identity and get back the relevant deposit. The owner has applied for the Consumer Litigation Fund. for further processing.

Deng pointed out that there is a huge gap between the sales and actual operation of the "breathing plan", which also constitutes an unhealthy phenomenon in the overall property market, and even contributes to a bubble in the property market.

Sufferer: If the consumer lawsuit fund is approved, the problem will be solved by law

Miss Li, the representative of the bitter owner, said that most of the owners' applications for properties were rejected and they had sought assistance through different channels. However, the developers did not pay attention to them and refused to meet with them afterwards. There has been no progress in the matter so far.

Ms. Li reiterated that she would only accept the plans originally proposed by the developer of the "Borrowed Breathing Plan" and the "interest-free payment for the first two years".

Ms. Li revealed that if the Consumer Litigation Fund is approved, the incident will be handled in legal form, and she believes that in a society ruled by law, the relevant deposit will be recovered.

Another bitter owner, Ms. Chen, bought a 7 million unit two years ago and paid a deposit of more than 400,000 yuan including tax.

She received a letter from the developer on June 15, saying that the transaction would be completed within 21 days (5th), which made her very uncomfortable.

The deadline is imminent, and Ms. Chan has not been able to meet face-to-face with the developer. She can only ask the Legislative Council members and the Consumer Council to assist her and obtain ambiguous responses.

Jiang Yuhuan, who is a lawyer himself, described this incident as an unfortunate incident. Under the supervision of the First-hand Residential Property Sales Ordinance, there are still bitter people appearing, which reflects that there are legal loopholes in the relevant legislation.

Even if the grievance is resolved through legal means, it will take a lot of time and money.

She urged the government to strengthen supervision and intervene in investigations, especially if the poor owner used his life savings to buy properties. Even if there is an internal equity transfer within the developer, the original commitment should be fulfilled.

Ruifeng plans to accept a lawyer's letter if the transaction is not completed, will be ordered and interest will be recovered 13-inch house entry, Sir Zhan: The fat is all over, and the new Pan Ruifeng is about to be handed over.

01 Community

Source: hk1

All news articles on 2022-07-04

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.