Hey everyone. Last week was very exciting as we finally booked our venue after a month of discussions with them and it felt like I could start wedding planning properly but it's all been turned on it's head now as we have just been told our venue has been run by administrators since the beginning of the month. We bought wedding insurance the day we booked but after talking to our insurers we're not covered as the information about the venue being in administration was in the public domain (local newspaper) prior to us buying the insurance, so we've cancelled the insurance and got our money back. We have also managed to stop our deposit payment so we have not lost any money.
However, having spoken to the venue and the new manager running it on behalf of the administrators they assure us that our wedding will go ahead (planned for August 2011) as it's in the terms of their administration and if they manage to sell venue will be in the terms of the whoever buys it including the prices we have agreed. We're going to meet with the manager and wedding co-ordinator this weekend to discuss what this mean.
Does anyone have experience of having a wedding where the venue is under administration ?
All the family think we're mad for still considering it but the location, size and price are perfect for us but not being able to get insurance for it going into liquidation and cancelling the wedding is a big risk. If this happened our Bank has confirmed we can get the venue money back from the Credit Card if we can get something in writing from the manager now but then we'd still have to rearrange the wedding for somewhere else on the same day as it wouldn't cover the suppliers.
Sorry that turned out longer than I imagined
D x
Update : Firstly thanks for everyones replies! We actually had to cancel the meeting today as H2B had to work but yesterday evening we went to see two local venues (we live near Glasgow) in the spirit of keeping our options open and seeing what was out there. It would have to be a completely different style of wedding as would be city-style vs the original country castle style (We couldn't find another suitable castle venue to fit our budget) but we fell in love with another venue with a free date in September so we've asked them to hold that date. We're going on holiday next week so we'll have a little bit of time to think about it and make our mind up when we come back.
Magserelli - Thanks we had looked at the Hall but we had wanted an exclusive venue and it was too large for us.
Gretna Bride - Though it sounds strange I don't feel uncomfortable about the management company running the hotel as from speaking to them they seem on top of everything and the improvements (mainly the fountain!) are all being done now, but there is the uncertainty about what it will be run like when it is bought by new owners, which may happen before our wedding but probably not before yours. As alot of the replies said it is the stress of the unknown - at the moment I don't think it would faze me but I'm sure once the full blown wedding planning kicks in I may be less relaxed.