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  1. #1
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    Sep 2016
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    Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper Stone

    Have received sales details for this 'investment' from Prime Noble Properties (new company) and Aspen Woolf, it looks a far cry from these photos - In view of the number of failed property schemes in Manchester this is what the property looks like today. I would want to see independent evidence that the proposition is sound.

    http://bit.ly/2clqERW

  2. #2
    Join Date
    Sep 2016
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    15

    Re: Viewpoint Salford, Empirical Property Group, FreshStart Living, Prime Noble, ds7 ltd

    Viewpoint Salford, Manchester View, Empirical Property Group Ltd, ds7 limited

    Anyone investing in Viewpoint Salford, be aware that this property is owned by FSL Properties Ford Lane Limited, a company owned by Empirical Property Group Limited, previously known as Fresh Start Living (Holdings) Manchester.

    Charles "Charlie" Cunningham is connected to all these businesses and you can see his track record here:

    Fresh Start Living: Investors and tenants hit by dodgy flats deals:

    http://www.mirror.co.uk/news/uk-news/fresh-start-living-investors-tenants-2303754

    FreshStart Living is shut down by the High Court:

    http://www.mirror.co.uk/news/uk-news/freshstart-living-shut-down-high-2919959

    http://forums.moneysavingexpert.com/showthread.php?t=5465489


  3. #3
    Join Date
    Sep 2016
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    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    Beware of deposit payments on “off plan” property purchases

    (Alpha Students (Nottingham) Ltd (In liquidation) v Eason and another [2015] Case No. 2015-008993 – December 2015).

    Before construction commenced, contracts were exchanged with buyers in respect of most of the 131 flats and each buyer paid a deposit of 50% of the purchase price. Their various solicitors took the usual step of registering the contracts against the seller’s title at the Land Registry. These registrations have the effect of protecting the flat buyers’ interests against the property itself and effectively prevent its sale to anyone else.

    The company went into liquidation and the liquidators found a buyer and wanted to sell the site. The liquidators application to the court related to whether or not the flat buyers registrations at the land registry could be validly maintained in view of, broadly, the fact that no construction had taken place on the site and the flats – that were the subject matter of the contracts – were not yet built.

    The crux of the issue was that if the buyers’ registrations could be validly maintained, then they would effectively be secured creditors and would be reimbursed from the sale of the development site. If not, then they would just be unsecured creditors in the liquidation of the company – and probably end up with very little.

    The court did not actually come to a decision on the main issue – and a compromise was reached to allow the site to be sold and for the dispute to proceed at a later date with the sale proceeds being protected in the meantime. If the case does proceed then, as well as the interests of the flat purchasers, the interests of the general unsecured creditors of the company also have to be considered. They will be hoping that the flat purchasers’ claims fail so that the sale proceeds are part of the defunct company’s overall assets and therefore available for division amongst all creditors.

    (Alpha Students (Nottingham) Ltd (In liquidation) v Eason and another [2015] Case No. 2015-008993 – December 2015).

    In the meantime, however, there is obviously doubt and it is a good reminder that “off plan” purchase deposits should be treated with caution.


  4. #4
    Join Date
    Sep 2016
    Posts
    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    Potential Investors of Prime Noble Properties Limited, Viewpoint Salford should be interested in the sole directors erstwhile bankruptcy:

    Bankruptcy Orders
    Lawson Johnston, Percy Fitzroy

    The Old Glebe, Radstone Rd, Brackley NN13 5RB, self-employed consultant, a director of a limited company, formerly a franchisee, lately residing at: Little Close, Leicester Lane, Eydon NN11 3SL and lately residing at: The Gables, Brook Street, Moreton Pinkney, NN11 3QD and lately carrying on business as: Plj Property with another and lately carrying on business as Plj Contracts

    In the Banbury County Court

    No 204 of 2009

    Type of petition: Debtor’s

    Sol House, 29 St Katherines Street, Northampton, NN1 2QZ.

  5. #5
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    Sep 2016
    Posts
    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    No action over ad claiming flats were 'waterfront' - when they weren't

    The latest round of complaints made to the Advertising Standards Authority against property firms’ ads have once again ended only with ‘informal resolution’ of the cases.
    One was against property investment company Aspen Woolf which advertised the Viewpoint apartments in Salford on its website with a claim ‘Stunning Waterfront Location’ when in fact the scheme was not on the waterfront.
    “We contacted the advertiser who corrected the heading used on their webpage” says a spokeswoman for the ASA.
    In a statement to Estate Agent Today, Aspen Woolf said: “The landing page in question was just a simple mistake that was not picked up when proofing the page. The copy ‘Stunning Waterfront Location’ was part of the page template and not removed before the landing page went live. We removed the line as soon as it was brought to our attention as we never want to mislead valued clients.”

    https://www.estateagenttoday.co.uk/breaking-news/2016/11/no-action-over-ad-claiming-flats-were-waterfront--when-they-werent

  6. #6
    Join Date
    Sep 2016
    Posts
    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    Rotherham Development linked to Dubious Investment Schemes

    Work is slow on a housing development in Rotherham town centre with development companies wound up and even linked to protests in Hong Kong by worried investors.

    Revised plans to convert the historic Howard Building into self-contained studios and apartments were approved by the planning board at Rotherham Council in 2015.

    The prominent former college building was sold prior to going to auction after it was advertised as a development opportunity and given a guide price of £250,000 by local auctioneers, Mark Jenkinson & son.

    With little evidence of the conversion into twelve, one bed apartments and 60 studio apartments at "Howard Residencies", applicants, AVRO Developments headed into insolvency, with Rotherham Council leading the petition in 2015 to have the company wound up.

    Financial documents link AVRO Developments to DS7 Limited which has acted as a lender to Absolute Living Developments, Fresh Start Living and Empirical Property, all highlighted in the media as leaving buy-to-let investors out of pocket.

    Similar schemes in Manchester, Bradford and across the North of England were sold off plan to investors with the promise of decent returns, but the work was never completed and companies were wound up and projects moved on in complex deals. In some cases where some work was carried out, tenants were left with exposed electrical wires, a leaking roof, an illegal gas connection, a car park strewn with contaminated waste and an open sewer pipe.

    The Telegraph & Argus reported this year that police in Hong Kong are conducting an international investigation into Liverpool-based Absolute Living Developments, which had been part-way through three apartment projects in Bradford when it was placed in compulsory liquidation. Overseas investors fear they have lost their money paid in deposits.

    Howard Residencies is currently being offered as an investment opportunity by Crown Union (located at a virtual office in London and shares directors with companies linked to the Howard Building and DS7 Limited). It is offered as an "Ideal purchase for investors looking at UK Buy To Let's as a way of getting onto the first rung of the property investment ladder. From dynamic apartment layouts to classic period façade and stonework surrounds, this redevelopment brings together Rotherham past and present to create a truly unique place to live for post-graduates, young professionals & key workers."

    Starter pads and 1 bed apartments are being offered at £49,950 and £69,950 with an 8% ROI per annum.

    http://www.mirror.co.uk/news/uk-news...n-high-2919959

    http://www.thetelegraphandargus.co.uk/news/14908996.Investigation_into_developer__39_s_collap %20%20se_continues_as_number_of_people_alleging_de ceptio%20%20n_grows/

    http://www.thestandard.com.hk/sectio....php?id=170660

    http://dmh.plcdn.com/wp-content/uplo...howard_web.pdf


    Crown Union website

    http://www.crown-union.com/item/howard-residences/

    by Tom Austen http://www.rothbiz.co.uk/

  7. 12-22-2016, 07:04 AM


  8. #7
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    Sep 2016
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    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    Is this property "investment" ever going to be completed? In 2012 as Fresh Start Living Ford Halls it was going to be before the end of the year. For the last 2 years it has been going to be completed by end of 2014. Mid 2015, 2016.

    Then it was going to be the 2nd quarter of 2017 (attached) and now it is going to be 2018......?????
    Attached Images Attached Images

  9. #8
    Join Date
    Sep 2016
    Posts
    15

    Re: Viewpoint Salford Manchester View, FreshStart Living, Prime Noble Properties, Vesper S

    High Court freezes assets of businessman linked to failed Runcorn property scheme

    http://www.liverpoolecho.co.uk/news/...ssman-13843832

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