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  • Buy-to-Let

    Any one had any experience with Buy2Let Shop?

    Hi,

    Just spoke to them as apparently they source BMV and high yield properties.

    I am looking for several properties, so gave them a call, but they want to charge £1800 up front fees!

    So wondering if any one in here worked with them and whether they provided and good deals after the initial payment.

    Thanks.

    M

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    Thanks for sharing the links...the answers are embedded within these discussions!

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    What area are you looking at?

    What yields?

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    ""Just spoke to them as apparently they source BMV and high yield properties.""


    Aye, of course they do. 

    Aye, right:  (Two positives never make a negative, do they?)

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    Avoid & keep your money, do the leg work yourself. They aren't on your side - lost approx 20k in fees etc & losing every month on month now having portfolio of non performing properties.

    To answer your question specifically, yes we do have the experience & it ended up really badly for us. They stop taking your calls after they sucked up maximum of your money. If you are not very experienced with property like we were, you are just an easy prey.

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     Sorry to hear you got stung.

    May I suggest as a warning to others.

    Repeat same message in other links as nicely indexed in Google and first page.

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    Coming soon Investorsk8.com

    Wisdom - an integration of knowledge, experience, and deep understanding that incorporates tolerance for the uncertainties of life as well as its ups and downs. 

    Sorry to hear of your plight.

    To avoid confusion, as there are several companies of a similar name, can you advise the company number and the name of the directors or who you dealt with?

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    We dealt with the below company, I wouldn’t name & shame the individuals publicly but due to us finding out their con at a later stage, we had to deal with senior sales to head of compliance etc.

    These companies are structured to trap those who are happy to pay for their services to source great yeilding properties. Sounds very genuine & legitimate in the beginning Smile

    The Buy2Let Shop Ltd is registered in England and Wales, No.07631758. Registered Office: South Tower 26 Elmfield Road, Bromley, London, BR1 1WA.

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    Yup, thats exactly the same company that I spoke to last week.

    Called me today to ask when I am enrolling with them lol. Told them in 6 months time!

    Yeah, they are in the property show and apparently been awarded the best up coming company etc. Thats why I was keen on them, but after posting about them here and finding out more, I am staying away from them.

    You mentioned about non performing properties, can you tell me more about them? Are they in London?

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