We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

anyone heard of investment property group they say they have a buyer for my house

1171820222357

Comments

  • iB1
    iB1 Posts: 384 Forumite
    inforeq wrote: »
    we actually cant loose, only time and and hassle should they draw the process out that long that we have to pull out.

    In which case, you would have lost.
  • carole37
    carole37 Posts: 12 Forumite
    Well as the mug on here who paid up front the £1199, we have requested a refund of our monies (IPG did say that if at any point we were uneasy about the transaction they would refund in full - but within 14 days). Well, after some difficult phone calls when they said they wouldn't refund, it's over a week now and not even an acknowledgement of our letter requesting said refund (sent by recorded delivery and, as to what is basically a Po Box address, Post Office couldn't even validate it). We have phoned IPG numerous times and they said that they must have request for refund in writing. If any such refund is forthcoming will at once notify this thread. BTW our offer was some (potentially) £20+K over asking price, location Cleveland, viewer Mr Paul Brown. IPG hope you are listening in, if you are legit then money back please and even I might eat some humble pie and you are off the hook. If not well I think a few people are quite rightly now observing your practices very closely.
  • botchjob
    botchjob Posts: 269 Forumite
    What a cracking thread! I don't want to hazard a (public) guess as to whether inforeq is in cahoots with these merchants but the phrase “the lady does protest too much” springs very much to mind. If you’re genuine then be sure to pop back when the deal falls apart to apologise to all the awful people on here who tried to warn you off it.
  • MobileSaver
    MobileSaver Posts: 4,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    inforeq wrote: »
    The contracts are between IPG as the finder, ourselves and the named buyer. I have already said that in an earlier posting.

    No, in earlier postings you categorically stated the contract was between you and IPG, there was no mention of the buyer so your story has changed a bit here. It's only today you've said the buyer is party to the contract.

    Regardless, neither you or bettyboooop appear to want to clarify exactly who "IPG" are? Is it "Investment Property Group", "Invest P G Ltd", "The Letting Agent Ltd" or yet another party?
    inforeq wrote: »
    It also states that if we pull out of the deal then we will owe the fees anyway.
    inforeq wrote: »
    according to our solcitior, we actually cant loose, only time and and hassle should they draw the process out that long that we have to pull out.

    You are contradicting yourself, according to your earlier post you will lose £1199 if you pull out.
    inforeq wrote: »
    If the price on the property rises in the next six months, maybe that is what they are counting on, it doesnt matter to us, we have achieved an excellent profit on the house in a few short years.

    You haven't sold your property yet so how have you made an excellent profit?
    inforeq wrote: »
    I am getting a little bit fed up of your induendo regarding IPG.

    You seem surprisingly defensive about the company almost as though you are taking criticism of IPG personally?

    According to your posts you've only known about this company for a week or so, you yourself don't know whether they are good or bad yet you are complaining about someone else being sceptical.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • MobileSaver
    MobileSaver Posts: 4,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A week ago you said:
    inforeq wrote: »
    we actually have never been asked for fees up front, it was allways going to be on exchange of contracts

    Today you're saying:
    inforeq wrote: »
    yes we were asked for the money up front, we refused, therefore a new deal was drawn up,

    There seems to be a pretty major inconsistency in your story.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    i cant believe this thread is still ongoing.

    Property looks peaky, you get an offer above asking price in the most bizarre of circumstances and you think it is going to pan out?
  • not_loaded
    not_loaded Posts: 1,187 Forumite
    Part of the Furniture Combo Breaker
    inforeq wrote: »
    The upshot of this is that quite a few people have been approached by IPG (we all advertised on-line) for someone to come and view our properties. We were then offered a lower than market price for the properties. In our case we were asked for fees upfront, which we declined, we are now paying fees on completion as you would do with an estate agent. There is a signed document by IPG that their buyer is going to pay £xyz for the property and another signed document by ourselves and IPG that we will pay their fees on completion. There is also a 180 day time period in which completion must take place by. Now what the flipping hell is wrong with that?
    Quite a few things. For a start there’s more than one mention of a penalty fee of £1,200 for failing to complete. Conditions for that fee are STILL as yet unspecified by IPG ‘users’. THAT’S what is wrong with that.
    inforeq wrote: »
    The abuse which has taken place on here is diabolical along with certain assumptions about posters - before you all start with me, again, I have no connections other than those outlined with IPG...
    I’ve been reading along, and including deletions, the abuse to my recollection has not been diabolical. Maybe you could specify. I think you mean you haven’t heard ‘what you wanted to hear’ which is not the same thing at all. MSE posters are allowed to state their concerns and assumptions can be made if they wish. As Mr Adams so eloquently put it: If it looks like a duck, and quacks like a duck, we have at least to consider the possibility that we have a small aquatic bird of the family anatidae on our hands.
    inforeq wrote: »
    No more posts will be added by myself apart from to say that I really wish people would stick to the thread and give definate info about the company wether it is positive/negative, which was asked to start with…
    There’s no need to take offence. You should post if you wish to, and I see that since this post you have added more and more posts. Internet forums like this are open to all. You cannot ask people to refrain from commenting.
    inforeq wrote: »
    read my posts… … induendo… … solcitiors… …definative…
    As for the spelling and grammar of the web-site, I cannot find any errors.
    Hmm…
    inforeq wrote: »
    …you are actually only posting for the sake of posting.
    Says Mr ‘Many Many Posts In A Row’.
  • geoffky
    geoffky Posts: 6,835 Forumite
    This is all going to end in tears...that of i am convinced.....if i had been hooked i would be collecting as much as a paper trail as i could because you are going to need it....i would also be contacting one of the regulating bodies to sound them out...OH DEAR......
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Oldcynic
    Oldcynic Posts: 31 Forumite
    edited 23 June 2010 at 10:00AM
    inforeq wrote: »
    - no one has actually lost any money, as far as I can ascertain - we certainly have not

    Depends on your definition of losing money. At least two posters on this forum (and my neighbours) have handed over £1200 each, but no doubt they will all be reassured by your confidence that their money is not lost.
  • carole37
    carole37 Posts: 12 Forumite
    Well guess what no refund forthcoming today, nor any acknowledgement to our letters (either in writing or any other means) requesting said refund. Not letting this one go that is for sure. Wheels are well in motion. So please tell, how many people have forked out their £1200 to this lot or are still waiting for their "re-written contracts" to come good? Any news or further sightings of Mr Brown?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.