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Challenor Property

I'm off to one of their seminars today.

Has anyone had any dealings with this company (good or bad)?

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Why would they tell you how to get rich rather than getting rich themselves?

    Why would someone sell you a property (or anything else) with £25k equity in it for nothing?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Generali wrote:
    Why would they tell you how to get rich rather than getting rich themselves?

    Why would someone sell you a property (or anything else) with £25k equity in it for nothing?

    The answer to these questions is.......They wouldn't!!!!

    It screams con to me. Go to the pub instead - getting drunk would be more enjoyable and probably more profitable in the long-run.
  • reiweb
    reiweb Posts: 6 Forumite
    I will say this once! DO NOT DEAL WITH CHALLENOR PROPERTIES!!!!

    After a property was pulled, it took me months to get my money back. They were very rude on the phone whenever I tried to chase it up. The only way I got my money was to go up to their head office and demand it. I wouldn't leave and had to get a grip of one of the senior partners before they refunded me.
  • I agree, I have been on a Challenor seminar and they are basically selling you properties with a developer discount. There are 2 problems, one they charge you 3% + vat, so for a 200k property you would first have to pay £7050, two the discounts are not always genuine, i.e. the developer has simply increased the prices.

    I've since bought a couple of properties through Rutland Partnership, where I didn't get charged a Finders Fee. These guys work totally different to Challenor and would recommend them anytime - and I came from a recommendation!
  • Minxy
    Minxy Posts: 91 Forumite
    Thanks everyone
This discussion has been closed.
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