I bought an apartment in Riga, Latvia through a London based company who said from the offset that they help you every step of the way to get upto an 85% mortgage, now since i reserved the apartment, things have changed a little in Latvia in that they do like to lend to overseas buyers as much, and the one bank that i was told would make me offer have just declined. THis has been difficult primarlily due to the fact that i am self-employed. But this London company knew this and didnt say at any stage this would lead to it being more difficult to get the mortgage. Also as the completion date is so close they have told me now that i cannot sell it to a 3rd party as that was against their rules, so with no mortgage they will just keep my deposit (18k) and thats me done.!
Is there anything i can do here to get this deposit back in light of their failure to secure me a mortgage.??
Please advise.
Is there anything i can do here to get this deposit back in light of their failure to secure me a mortgage.??
Please advise.