sorry could I ask a slightly different question on the stability of the banks out there
and what guarantees there are
I'm waiting for an agent to indicate that a developer will complete with me and am then intending to CHAPS 40% deposits on 2 units
but I'd be a bit concerned now about a developer putting that in an egyptian bank and as to how protected (i) the bank and (ii) the developer is as banks continue to get into difficulty
anybody any views on this
|