This estate agents deals in buying properties up North, when a customer agrees to buy, they convince them to go for a portfolio of 5 properties as the properties are cheap, then investing in London properties.
So customer commits to 5 properties and puts a deposit down for 5 properties @ ‚£750 per property as a deposit ‚£3750.
Customer buys 2 properties and still after two years there is no rental income. Estate Agent says you need to buy your other 3 properties, customer says I can't afford the mortgage for the 2 properties already bought as no rental income and want to pull out.
Customer asks the estate agent about rental income Homes 4 you does not want to know and does not return calls, on holiday and says you need to buy the other 3 properties as we have promised the Homes 4 you up north that customer agreed to buy total 5 properties.
Customer got hold of a few contacts Homes 4 you up north use, the North Estate Agent said that Homes 4 You in London are a con and don't deal with them anymore.
Also the Homes 4 you in London take ‚£2500 sourcing fee per property.
Homes 4 you is still trading in a busy local area, but have changed there name to Pearson Kaye, as lots of people are suing them, but the owners are the same.