QUOTE(khleow @ Jul 8 2015, 01:21 PM)
hi guys, for those of you who have bought the property under DIBS scheme, please note that you need not to pay Interest Payment until actual Vacant Possession had taken placed. OSK has bull dozed you by asking you pay the Interest Payment on the date the letter had issued. Please note that most of you may take several weeks to have taken Vacant Possesion, why let OSK abuse you !
So don't pay the Interest Payment to the bank from the date of VP letter issued, but only from the date VP had taken placed. Please spread this word to all your friends.
Please be aware that there is certain clause under the SPA that even key is not handover, VP is considered after 2 weeks (if not mistaken) from the date of the notice for VP.So don't pay the Interest Payment to the bank from the date of VP letter issued, but only from the date VP had taken placed. Please spread this word to all your friends.
The interest that you are suppose to pay under the VP letter mostly because of the late first drawdown from the bank. however, you can challenge them on this if you have proof that this is non of your fault. As in my case, this is their lawyer fault for not sending the letter to bank or late sending.
Jul 8 2015, 04:26 PM

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