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  • FIRST POST
    • nickfury
    • By nickfury 19th Jun 17, 8:01 PM
    • 2Posts
    • 0Thanks
    nickfury
    Any rights with Finder's Fees?
    • #1
    • 19th Jun 17, 8:01 PM
    Any rights with Finder's Fees? 19th Jun 17 at 8:01 PM
    I tried to purchase a house through a company and paid a finder’s fee of £4000.00. However, before the mortgage could be completed the company went into liquidation. This company, Capital growth UK, used financial advisors that were responsible for finding a suitable mortgage, which they did. All was proceeding as planned, until the financial advisors got wind of the fact that Capital Growth were in financial trouble. They informed the mortgage company who pulled the plug on the mortgage application which left me high and dry. Before another mortgage company could be found, capital growth went out of business and the £4000.00 finder’s fee was lost. My question is who, if anybody, is responsible or is it just a case of bad luck. Also, do I have any chance of redress in one form or another? For information the financial advisors have also gone into liquidation.
Page 1
    • davidmcn
    • By davidmcn 19th Jun 17, 8:46 PM
    • 5,284 Posts
    • 4,949 Thanks
    davidmcn
    • #2
    • 19th Jun 17, 8:46 PM
    • #2
    • 19th Jun 17, 8:46 PM
    What did you think you were getting in exchange for the fee? Was there a contract? What did it say?

    Even if they do owe you the money, at best you'll be able to put in a claim to the liquidators and get whatever percentage might be available to unsecured creditors.
    • eddddy
    • By eddddy 19th Jun 17, 10:30 PM
    • 4,640 Posts
    • 4,298 Thanks
    eddddy
    • #3
    • 19th Jun 17, 10:30 PM
    • #3
    • 19th Jun 17, 10:30 PM
    However, before the mortgage could be completed the company went into liquidation. This company, Capital growth UK...
    Originally posted by nickfury
    When did this happen? Was it this company? https://beta.companieshouse.gov.uk/company/05763964/filing-history

    If so, it looks like they went into voluntary liquidation in 2008, and the company was dissolved in 2012.

    (And one of the directors was disqualified: https://beta.companieshouse.gov.uk/disqualified-officers/natural/r2_BBpti7Pi3RLNhWb2XR8Zm3y8 )

    If it was that company, it will be too late to put in a claim now.
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