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I am relatively new to property investing, and earlier this year I registered with the Ahuja Group and paid a £350 deposit, for them to source suitable BTL properties. Thus far I have been offered 2 properties, both of which failed to meet my criteria, the 2nd of these in June. Since then I have had no offers, and despite repeated phone calls, emails etc asking for a refund of my deposit, I have been unsuccessful. In fact, none of my calls or emails has received a reply, or even an acknowledgement.
Has anyone else had a similar experience with this outfit, or any other property sourcing company? My view would be to give Ahuja a very wide berth. He has written numerous books on property investing, but his property sourcing operation leaves a lot to be desired. |
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Hi vrodrig
I am experiencing the exact same problem and have given them much more money in finders fees. I have no properties to date. They do not return my calls or emails and do not respond when I want my finders fee back because the deal falls through because of them. I am considering taking legal action |
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Hi,
I think any company that charges fees upfront should be avoided.What guarantee do you as a client have that they will ever find you a suitable deal? Sourcing fee should always be paid on completion of the purchase. As a property sourcing company ourselves that is how we work,we make no upfront charges whatsoever, all we ask is your requirements and contact details. I hope you are successful in recovering the money owed back to you. As a reputable business I find this disregard of clients interest apalling.Our clients are our most valuable asset and and are always treated as such. Quote:
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Thanks for posting this - it's always good to hear other people's experience of companies and from what you two have said it seems like a good place to steer clear of.
Cheers for the heads up.
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Did anyone see this Victims of the repo hunter: Northern Rock is accused of selling off 1,100 repossessed homes at bargain prices | Mail Online
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Hi,
I have given the Ahuja Group £2k in up front deposits and have not received any deals which actually amounted to anything. Despite paying in the money last September, I was promised refunds continuously and nothing ever arrived. after repeated attempts and undelivered promises, I have given them until the end of January to repay my money, or I will take legal action, and have been told today for the third time that another cheque is in the post (no others physically arrived), despite me saying that cleared funds would have to be in my bank by end Jan. So it looks like I'm going to Small Claims to get my refund. This is factual and does not state anything of my opinion as I don't want it to influence anything, you have to make up your own minds about this company. |
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but only sent via emails, its not on the site, nor on emails they send, nor are they listed in Conpanies House under anything obvious, hence my question to the forum members if someone had done it before they must have found it somehow!!
cheers Tazza |
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