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Wednesday, April 06, 2011

Warning of the BMV fraudsters

Further article warning of the BTL get rich quick property clubs, below market value and no money down agents make continue to plunder the aspirations of the novice and greedy.

Luton based letting agent Adrian Mason warns that “Many of the zero-deposit property buying clubs and groups which grew rapidly and then disappeared during the housing market slowdown in 2008 are creeping back, and some of them have no morals.

“A substantial number went into receivership, with their directors fleeing overseas to avoid claims and litigation – leaving a trail of disaster behind them.

Read article here

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