Number of properties listed206
Total value of properties42.8m
Landlord Trader Forums Landlord Trader
Home
Tenanted
Off Plan
Overseas
Portfolios
Forums
Mortgages
News/Blog
£ k - £ k

Local Knowledge - Warning to investors in Newcastle upon tyne area

Start New Thread Thread Index Forum Index
Christopher Alexander
Wed 1 Mar 2006
10:40
12 posts

I thought I would pass on this warning based on my own terrible experiences with these people. Like many other investors I bought property from Deneside Developments. They were closed down by the DTI owing many people money. The refurbishment arm of this 'company' traded as Castle Residential Services. Their refurbishments on my properties were so abysmal I have had to re-do the work myself.(Court pending). While this was going on and to escape liability to other people like me, they transferred the assets to another company they created, Castle Residential Developments - not telling their investors, of course. This is just to warn anyone contemplating dealing with these people to beware and inspect their refurbishment work with a fine tooth comb. Better still, source your own properties - no one needs to use these kind of companies any more! I would welcome anyone who has had this experience with them to contact me for joint legal battle.

Matthew Moody
Mon 13 Mar 2006
21:38
60 posts

Thanks for the warning as I had some information from them recently and was tempted to take them up on their offer!

kadeer hussain
Sat 24 Feb 2007
05:29
6 posts

there are some many different companies in the north east of england? but the one thing is nearly all theses crafty businesses are owned by the same people but with different names. l'm starting a property and land sales,lettings and management business. it will be for residential/commercical/industrial properties and land,we'll be based in stockton on tees in teesside. the majority of our properties will be investment properties. l have alot of clients ready at moment e.g dss teanants,working big/small companies looking for liveng accomadation. and going back to deneside properties l warn investors you should check on your ,your properties, tel kadis on 07888 70 32 32 for more details or help.thanks

Damian Stevens
Sun 25 Feb 2007
11:14
142 posts

Hi Kadeer,christopher or matthew.

I have a deal on 9 4 bed townhouses in sunderland. If your intrested then give me an email on leedamians@yahoo.co.uk or give me a call on 07796272409. cheers Damian

Reply In Thread

Type your message text into the box below, leaving a blank line between paragraphs.

HTML, UBB, and other markup codes are not supported.

To insert links, simply write the full link, including the http:// prefix.


Forum:Local Knowledge
Subject:Warning to investors in Newcastle upon tyne area
Message:
Start New Thread Thread Index Forum Index
 

Advertise Here - Rate Card

Property Hawk
Tax Centre
Legal and General Landlord Insurance

(c) 2004-2008 landlordtrader.co.uk - Contact Us - Terms and Conditions - Privacy Policy - Links - Site Map