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UnbeatableHire.com

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Comments

  • eskbanker
    eskbanker Posts: 37,635 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    uk69gb wrote: »
    I confer, it was (and still is) a financial risk
    Who did you confer with? :)
    Malthusian wrote: »
    What does "theoretically able" mean? If you instructed them to encash your investment today, what would they actually pay into your bank account?
    Very carefully worded evasive answers in posts #55 and #58 above from last year!
  • uk69gb
    uk69gb Posts: 10 Forumite
    Thank you Masonic.
    Refreshing (and appreciated) reading such a constructive post here for a change.
  • uk69gb
    uk69gb Posts: 10 Forumite
    eskbanker wrote: »
    Who did you confer with? :)

    The word 'confer' has 2 popular definitions.
    I believe you are not aware of one of them? ...

    confer definition: 1. to exchange ideas on a particular subject, often in order to reach a decision on what action to take.
    (ref: Cambridge English Dictionary)
  • uk69gb
    uk69gb Posts: 10 Forumite
    Malthusian wrote: »
    What does "theoretically able" mean? If you instructed them to encash your investment today, what would they actually pay into your bank account?


    'theoretically able' refers to an action that I have not yet taken but I understand that I could if I wish to.


    Please refer to previous posts on this forum where it (correctly) states that the full £35k investment is returned (with no charges/deductions).
  • eskbanker
    eskbanker Posts: 37,635 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    uk69gb wrote: »
    The word 'confer' has 2 popular definitions.
    I believe you are not aware of one of them? ...

    confer definition: 1. to exchange ideas on a particular subject, often in order to reach a decision on what action to take.
    (ref: Cambridge English Dictionary)
    I'm well aware of the definition thanks, but if that's what you actually meant then the question still stands, i.e. who did you confer with before throwing your money into this scheme. If it was recommended to you by an FCA-registered adviser then you may have some protection in the event that it all goes wrong (as if!)....
  • I realise this is an old post but just to add - I unfortunately a customer of this company and they are able to offer these kind of returns by scamming their customers out of hundreds of pounds. Refusing to pay back large security deposits and trying to charge for damage, petrol, pick up fees that haven’t occurred. You may well make money out of this company if you invest but if you have a conscience you will stay away as it is at the expense and distress of the customer. We are now at a point where we have to take legal action to recover our money.
  • This company is now in administration.
    Those investors will now realise that their "security" is a chattel mortgage registered at Companies House using the chassis number only for the motor home. No registration number used which was the USP for the scam. As the cash dried up some of the motor homes were re-used as security (meaning you have a 3/4/5/ year old vehicle as security worth a fraction of your investment) whilst others were pledged twice or didn't exist. In the meantime as no registration numbers were given (so no HPi protection) others were sold to finance companies and placed on hire purchase agreements. In those instances at least the investors will probably have priority and the finance companies will take the hit.

    As several previous posts said- if it's too good to be true...and they always keep paying until they can't...
  • Unbeatablehire LTD, IN ADMINISTRATION December 2019, I had a chattel mortgage, when I attempted to gain possession the company that bought Unbeatable hire Kyoto furniture LTD , owned by a Mr Alfie Best, applied a sting operation and extracted £1820.00 to release the motorhome, the motorhome had approximately £5k of damage.
     I will be taking legal action via the small claims court and would like to contact anyone  who was in the same predicament, please contact me. 
  • dunstonh
    dunstonh Posts: 119,903 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    jacksoc6 said:
    Unbeatablehire LTD, IN ADMINISTRATION December 2019, I had a chattel mortgage, when I attempted to gain possession the company that bought Unbeatable hire Kyoto furniture LTD , owned by a Mr Alfie Best, applied a sting operation and extracted £1820.00 to release the motorhome, the motorhome had approximately £5k of damage.
     I will be taking legal action via the small claims court and would like to contact anyone  who was in the same predicament, please contact me. 
    If you intend legal action, then you really shouldnt be posting identifiable details on the internet.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Aretnap
    Aretnap Posts: 5,823 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jacksoc6 said:
    I will be taking legal action via the small claims court and would like to contact anyone  who was in the same predicament, please contact me. 
    Anyone making or reading posts like this should be aware of the high risk of being targeted for recovery fraud. Which basically means that a scammer will target you claiming to be a lawyer, or a financial regulator, or from a law enforcement agency and tell you that they can get your money back in return for an upfront fee. Obviously if you pay them you will never hear from them again, unless it is to ask for more money.
    A popular variant on this scam is to pose as another victim and seek funds for a group action lawsuit, which of course never materialises...

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