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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Greenshoot Properties

2»

Comments

  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    ""I guess the way he operates is to buy your house then charge you rent." -

    this is known as Sale And Rent Back (SARB)and since this year anyone offering this service has to be registered with the FSA - having jumped through many many Compliances hoops to get registered .. not to mention having to have a huge cash fund.... ....

    Lease Options are very different
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    These types of companies are usually operated by lying thieves and are best avoided.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    "" These types of companies are usually operated by lying thieves and are best avoided. "

    why not make a gross unsubstantiated generalisation then ?
  • There are some very good people offering this type of deal, and some complete rouges.

    Complete your due dilligence on the person and company you are dealing with, dot all the i's and cross all the t's.
    Get everything that is important to you on the deal in writing.

    Good luck
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    symesd wrote: »
    The ful trading address is showing on the website, I do not see a problems with no details on WHOIS.

    I have done a lot of research on the chap who I have been speaking with and he seems to be genuine - havent found anything negative on the internet - he appears to have been trading in this company since Aug 2009 according to his twitter & blog & facebook pages and appears to be very open about what he does.

    He is also on Linkenden - with all his details about what he is about

    I cannot find anything bad about this man or his company - looks like he does some kind of "Lease Option purchasing" which is a practice which has been going on in Austrailia and the USA for some time.
    It looks like you have convinced yourself. However, advice like "The registrant is a non-trading individual who has opted to have their address omitted from the WHOIS service" is just what MSE is good for. I would take it very seriously that he is registered as a non trading individual.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Catblue
    Catblue Posts: 872 Forumite
    symesd wrote: »
    I have done a lot of research on the chap who I have been speaking with and he seems to be genuine - havent found anything negative on the internet - he appears to have been trading in this company since Aug 2009 according to his twitter & blog & facebook pages and appears to be very open about what he does.

    He is also on Linkenden - with all his details about what he is about.

    So you are basing your trust entirely on what this man has written about himself on free internet sites? He says he has been trading since August last year but Companies House states otherwise?

    Erm, good luck.
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
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.3K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.