15.6% net interest with buy back option

helloyouu

Hello all,

I've seen this investment option:
http://emergingproperty.co.uk/emailers/apart/hotel-investment.html

It sounds too good to be true?

Apparently the 15.6% net is guaranteed and buy back at year 5???

What's the trap?

Thanks

HappyMJ

helloyouu wrote: »

Hello all,

I've seen this investment option:
http://emergingproperty.co.uk/emailers/apart/hotel-investment.html

It sounds too good to be true?

Apparently the 15.6% net is guaranteed and buy back at year 5???

What's the trap?

Thanks

Trap is they offer to buy back at less than half what you put in originally. ... and the 15.6 quoted is up to 15.6% you might not achieve that.

jimjames

helloyouu wrote: »

Hello all,

I've seen this investment option:
http://emergingproperty.co.uk/emailers/apart/hotel-investment.html

It sounds too good to be true?

Apparently the 15.6% net is guaranteed and buy back at year 5???

What's the trap?

Thanks

Of course if it sounds too good to be true then it is!

Think about a guarantee. Who guarantees it and how can you be sure they will be able to honour that. What happens if they go bust at the end of year 5? A guarantee is worthless unless the other party is able to honour it.

helloyouu

Yeah I'm trying to find where are the traps.

Where did they mention they buy it at half the original price????


And it mentioned 15.6% GUARANTEED return. So it's not the maximum, it's the expected rate.

HappyMJ

helloyouu wrote: »

Yeah I'm trying to find where are the traps.

Where did they mention they buy it at half the original price????


And it mentioned 15.6% GUARANTEED return. So it's not the maximum, it's the expected rate.

On further investigation...it's not worth anything. You probably won't get anything back at all.

The accounts are overdue. The company nearly got struck off last year. The company is worth £434...has one director and one shareholder.

Good luck.

planteria

not quaranteed by the government or a major plc.........guaranteed by a business you could be very worried about

dryhat

These types of companies are run by liars and thieves and are best avoided.

dunstonh

Guaranteed in the regulated world means guaranteed. There are protection in place to cover it. Guarantees outside of the protected world come with caveats. One would be that if the company failed then all your "guarantees" cease to be guaranteed.

theGrinch

run a mile

helloyouu

how do you know the company is worth 434gbp?

that doesn't give much power to his guarantee

Gromitt

I'd say it was worth less personally.

Quote:
Emerging Property Limited is an Active business incorporated in England & Wales on 7th August 2009. Their business activity is recorded as Management Of Real Estate On A Fee Or Contract Basis. Emerging Property Limited is run by 1 current members. 1 shareholders own the total shares within the company. It is not part of a group.

The latest Annual Accounts submitted to Companies House for the year up to 31/08/2012 reported 'cash at bank' of £16,507, 'liabilities' worth £16,393, 'net worth' of £204 and 'assets' worth £16,507. Emerging Property Limited's risk score was amended on 31/05/2013.