New flats, guaranteed returns, no running costs: too good to be true?

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Comments

  • I've just received an email from knightknox ref chapel st - unbelievable! then I've looked on the website ref chapel street and it says its run by yale housing association ltd CBS charity. googled that and companies house say accounts are overdue since 2021. I'm not an expert at navigating companies house stuff so I then thought I'd search the charities register  - couldn't find it but then found out a CBS charity does not have to register with charity commission. pity as with them you have to submit accounts etc and you find out much more info than companies house. I'm tempted to pretend to be interested - be very interesting to know the solicitors they are using for this scam!!
  • eskbanker
    eskbanker Posts: 36,740 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've just received an email from knightknox ref chapel st - unbelievable! [...]
    Why go any further if it isn't believable?
  • jimjames
    jimjames Posts: 18,523 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    eskbanker said:
    I've just received an email from knightknox ref chapel st - unbelievable! [...]
    Why go any further if it isn't believable?
    Personally I'd do it to find out more to share to the forum about their tactics
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Qyburn
    Qyburn Posts: 3,460 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    When we rented property we used to occasionally get "guaranteed rent" offers, generally the going rate was amount 20% below market price, with some commitments from the landlord as well.
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