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Old 2nd August 2011, 01:22 PM
Hilmer Hilmer is offline
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Default Re: Freshstart Living Limited Fresh Start Living Limited Freshstart

Considering an investment with FSL in Greenock (Waterfront Campus)? A little due diligence has revealed the following. FSL are currently selling student pods in Greenock. However they have not yet purchased the property and it is still for sale through Knight Frank (you can check this on their commercial website). Solicitors have apparently been instructed but NO deal has yet been struck. Which means another buyer could still surface and purchase the property from under the very noses of the individual purchasers of the pods. I wonder how easy it would be to get our money back if this should happen, given the info previously posted about the directors.
Also, the pods are advertised by FSL as ready for occupation next month with the new student intake but this is clearly not going to be possible as work in preparing the rooms has not yet begun, nor can it until the sale is completed.
Interested to know if anyone has bought a pod in Greenock and what their due diligence has revealed.
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