Regency Beach Pictures Update

[redangel7861]

Originally Posted by queenie40something

Hi - just to clarify Lyndsay was not removed as a moderator see http://www.propertycommunity.com/forum/egypt...u-lyndsay.html

Then I retract that part of my statement and my apologies to Lyndsay. Although I stand by my other comments.

[Randall]

My agent has informed me that my contract for Regency Heights will be sent out for me to sign and that Regency Beach will get the planning permission any day now.

Cheers

[simpywimpy]

Lyndsey, wasn't it posted on another forum that you are in fact a business partner of Andy and his wife or soon to be?

I read the full facts of the disqualification through companies house and must say it wasn't just a case of a business going down the pan innocently but more of a deliberate misleading of a customer. It was also investigated by reporters from the Mirror newspaper and mentioned in the House of Commons in regard to stopping these things happening.

[redangel7861]

Originally Posted by simpywimpy

Lyndsey, wasn't it posted on another forum that you are in fact a business partner of Andy and his wife or soon to be?

I read the full facts of the disqualification through companies house and must say it wasn't just a case of a business going down the pan innocently but more of a deliberate misleading of a customer. It was also investigated by reporters from the Mirror newspaper and mentioned in the House of Commons in regard to stopping these things happening. The links are all on the forum under buying abroad concerns

Hi SW.

Can these links not be posted here???

[Randall]

Hi Redangel

I have no interest in getting into pathetic arguements but could you please explain what you meant about my purchase at Regency Heights. You say that you have investigated it?

I am willing to listen to any genuine information that would save myself and other investors money, which would obviously be badly invested.

I would like to say that when people purchase off plan they take a gamble. If it goes up in value everyone is happy...If problems occur then everyone posts negative thoughts, that is always the danger of off plan.

If people have bought for themselves or for an investment in any off plan they are laughing, if you have bought thinking of making a quick profit then think again because it is not going to happen.

Finaly if Lyndsey is working for regency so what..I believe she is going to live in Hurghada... she has bought some properties off Regency..good luck to her.

You are condeming someone on heresay about PHWW. Lets get some legal information first.

Cheers

[redangel7861]

Originally Posted by Randall

Hi Redangel

I have no interest in getting into pathetic arguements but could you please explain what you meant about my purchase at Regency Heights. You say that you have investigated it?

I am willing to listen to any genuine information that would save myself and other investors money, which would obviously be badly invested.

I would like to say that when people purchase off plan they take a gamble. If it goes up in value everyone is happy...If problems occur then everyone posts negative thoughts, that is always the danger of off plan.

If people have bought for themselves or for an investment in any off plan they are laughing, if you have bought thinking of making a quick profit then think again because it is not going to happen.

Finaly if Lyndsey is working for regency so what..I believe she is going to live in Hurghada... she has bought some properties off Regency..good luck to her.

You are condeming someone on heresay about PHWW. Lets get some legal information first.

Cheers

Randall,

I neither have the time or patience to engage you in this matter.

All the best with your investment.

Rgds
RED

p.s. the legal info is the disqualification, take the time and effort to look into it and don't rely on everything your agent tells you.

This is my final comment on this matter!!!

[Randall]

Hi Redangel

Thanks for the reply it says it all really. You have made lots of posts but never bought anywhere, yet you seem to have an opinion on everything and are first to cast doubts over everyone else.

I think we will leave it at that. I am not the least worried now.

Cheers

[redangel7861]

Originally Posted by Randall

Hi Redangel

Thanks for the reply it says it all really. You have made lots of posts but never bought anywhere, yet you seem to have an opinion on everything and are first to cast doubts over everyone else.

I think we will leave it at that. I am not the least worried now.

Cheers

Randall.

I really don't need to prove anything to you, to say you are very naive is an understatement.

I was attempting to help you...but it's apparent your an international investor with years of experience. I look forward to your book on investing abroad

Again, good luck.

Rgds

RED

[chandra]

Originally Posted by redangel7861

Hi Lyndsay, hope you are well.

Your comments insinuate that I, am in some way associated or connected with the developers on Hania. Clarification, I am not.

So your comment "If you are not so sqeaky clean yourself" does not make sense, as again, I am not in anyway associated or connected with the developers on Hania, but am, an independant purchaser on Hania Beach.

Secondly, please clarify your point "if you are not so sqeaky clean yourself"....as it would be in the interest of many if you could clarify your comments, as you know how rumours can cause problems, so please base your arguments on fact. Again, I would very much appreciate if you could elaborate on the "not so sqeaky comment" as it would be helpful for us all, as transparency on all issues is paramount, especially when investing in Egypt. We are all here to help each other, as this is a forum for buyers, so as such, as investors we should all watch our backs as the developers, agents and Lawyers are not going to.

Secondly, it is a point of fact that Mr Harris has been disqualified and not heresay or rumour, personally, I don't know why you are taking it so personally, you should be thankful that this has come to light as I believe you are heavily invested in the Regency Products and I wish you all the best on your investment. If you are happy with the reasons for his disqualification then good for you, and again I wish you all the best in your investment.

Again, we all make mistakes and I wish Mr Harris and yourself all the best going forward on the Regency Products, as I am sure it will be a wonderful product (s) and wonderful development (s).

I am actually thankfull of what has happened on Regency as it has made be work double hard at doing my own homework on investing in Egypt, independant of Agents, Developers and Lawyers. To be honest my findings have not been great, and this is not restricted to the Regency Brand but most brands being marketed in Egypt.

It seems that many agents, Lawyers and Developers (again this is a general comment and not aimed at the Regency Brand) see the UK investor as easy pickings, and to be honest many are, based on what I have read on the Egyptian forums. I really do thank Peter for setting up the Egyptian thread as in my investigations it has become very apparent that there is very little integrity in the Egyptian realestate market, especially in the Hurghada district. I have for a while now been battling with the idea of whether to proceed and invest in Egypt, but based on my findings it is becoming clear that there is very little protection for the purchaser in this market and the sometimes shocking and alarming web of interlinking deception is making it clear to me that this market is to be avoided, again this is not based on any one development but a general comment regarding the market in Hurghada.

To be honest I've made my mind up on investing in Egypt, and I think I am going to give it a miss, without any regert. There are other markets that are more regulated and less riskier than the Egyptian market.

Again, my thanks to Peter for setting up this Egyptian forum as it has bloody opened my eyes to the Egyptian market and If I was a first time investor I'd run a mile and never look back. I'm not saying that there are some great investment in Hurghada or Egypt, but I've decided it's not for me...way tooo risky.

Lyndsay, your not so sqeaky clean yourself (and this is not aimed at Regency, but you). I see you've been removed as moderator (I wonder why) and based on comments on other forums I think you have a vested interest in protecting the Regency Brand (and that's not only because your purchasing the Regency Product)

Again, good luck to all Regency and Egyptian investors I wish you all the best. But I'm afarid the Egyptian market is not for me.

Regards
RED

Sorry to hear that you are pulling out a plug totally. I think again in my own experience of buying in Egypt, most of your views match mine. I am not talking about any development in particular. There are very few developments in hurghada or sahl hasheesh you can put trust in. That does not mean all others will fail. Certain things which I saw in this market I have not seen it anywhere else. As you said and did correctly not to invest emotions and be prepared to pull out if " something is not right". I have done that on few occasions and i don't have any regrets. As you pointed out correctly here I can see builder, developer, agent and solicitors all going hand in hand. It is very rare to see that. It is worth noting that many UK and spain based big agents are not touching egypt though it is a hot emerging market and commissions for agents is generous.
No doubt this is a high risk market and only time will tell us whether it is high return?
Anyway thanks for your all the postings on this forum. It has been useful. All the best for your dreamhome search.

Chandra

[Randall]

Originally Posted by redangel7861

Randall,

I neither have the time or patience to engage you in this matter.

All the best with your investment.

Rgds
RED

p.s. the legal info is the disqualification, take the time and effort to look into it and don't rely on everything your agent tells you.

This is my final comment on this matter!!!

Hi Red

Pleeeeeeeeeeeeeeease tell me how you are trying to help me with this post

Cheers