Invoking compensation for late completion
Hi,

My contract with the builder stated a 50 GBP per day penalty for late completion of the property. While the build was only 30 days late and has caused me no grief I was just wandering if anybody has invoked the clause and what would be the down-side of doing so.

Thanks

Steve
 

peter the postie

Wer'e not really here
Invoking compensation for late completion
Ours was slightly late but we didnt invoke the clause even though it was the same as yours. Having said that i was aware that our builder was taking the top duplex in our block for himself and family. I didnt want to get off on the wrong foot.
 
Invoking compensation for late completion
Fair one. As I have not in anway been inconvenienced dont think I will either
 

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