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  • FIRST POST
    • nickfury
    • By nickfury 19th Jun 17, 8:01 PM
    • 6Posts
    • 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
    • 5,604 Posts
    • 5,381 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
    • 4,936 Posts
    • 4,586 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.
    • nickfury
    • By nickfury 3rd Jul 17, 1:17 PM
    • 6 Posts
    • 0 Thanks
    nickfury
    • #4
    • 3rd Jul 17, 1:17 PM
    • #4
    • 3rd Jul 17, 1:17 PM
    yes, eddy this is the company. I kind of had a feeling it would be too late.
    • ScorpiondeRooftrouser
    • By ScorpiondeRooftrouser 3rd Jul 17, 1:53 PM
    • 1,790 Posts
    • 2,636 Thanks
    ScorpiondeRooftrouser
    • #5
    • 3rd Jul 17, 1:53 PM
    • #5
    • 3rd Jul 17, 1:53 PM
    How long ago did this happen?
    • jimbog
    • By jimbog 3rd Jul 17, 1:58 PM
    • 569 Posts
    • 919 Thanks
    jimbog
    • #6
    • 3rd Jul 17, 1:58 PM
    • #6
    • 3rd Jul 17, 1:58 PM
    Did you pay with a credit card?
    The problem with quotations on the internet is that you can never verify their authenticity - Abraham Lincoln
    • nickfury
    • By nickfury 4th Jul 17, 9:25 PM
    • 6 Posts
    • 0 Thanks
    nickfury
    • #7
    • 4th Jul 17, 9:25 PM
    • #7
    • 4th Jul 17, 9:25 PM
    How long ago did this happen?
    Originally posted by ScorpiondeRooftrouser
    About 2008
    • nickfury
    • By nickfury 4th Jul 17, 9:25 PM
    • 6 Posts
    • 0 Thanks
    nickfury
    • #8
    • 4th Jul 17, 9:25 PM
    • #8
    • 4th Jul 17, 9:25 PM
    Did you pay with a credit card?
    Originally posted by jimbog
    No. I paid by bank transfer.
    • Guest101
    • By Guest101 5th Jul 17, 10:05 AM
    • 14,625 Posts
    • 14,349 Thanks
    Guest101
    • #9
    • 5th Jul 17, 10:05 AM
    • #9
    • 5th Jul 17, 10:05 AM
    About 2008
    Originally posted by nickfury
    Even if they had not gone into liquidation, you've waited too long.


    Cant be that important if you left it for 9 years
    • nickfury
    • By nickfury 6th Jul 17, 8:17 AM
    • 6 Posts
    • 0 Thanks
    nickfury
    Even if they had not gone into liquidation, you've waited too long.


    Cant be that important if you left it for 9 years
    Originally posted by Guest101
    If you say so!!
    • Guest101
    • By Guest101 6th Jul 17, 9:49 AM
    • 14,625 Posts
    • 14,349 Thanks
    Guest101
    If you say so!!
    Originally posted by nickfury


    Well the cut off for chasing a debt is 6 years. After that it's statute barred.


    The money is still owed but you cannot use the courts to collect it.


    So it's not what I'm saying, it's what the law says...
    • Heather2603
    • By Heather2603 6th Jul 17, 10:00 AM
    • 71 Posts
    • 94 Thanks
    Heather2603
    £4k 9 years ago and you only want to chase it now? as above legally it is statute barred so no way for you to claim at all through the courts.
    • ScorpiondeRooftrouser
    • By ScorpiondeRooftrouser 6th Jul 17, 10:21 AM
    • 1,790 Posts
    • 2,636 Thanks
    ScorpiondeRooftrouser
    On a similar note I bought some chips in 1975 in Yugoslavia which turned out to be undercooked. The chip shop closed down 30 years ago, I believe the owners have died, and the country in which I bought them no longer exists, but I was wondering if there was anything I could do about getting my money back?
    Last edited by ScorpiondeRooftrouser; 06-07-2017 at 1:38 PM.
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