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  #11  
Old 11th November 2011, 11:29 PM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

reserved and paid for 2 units in CBP in July, contracts not ready after over 2 months. Caused me tremendous stress and anxiety. Lost lots of time and money and energy.
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  #12  
Old 18th November 2011, 12:04 AM
propertymogul propertymogul is offline
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Smile Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

I have read all the comments left, I am shocked as I have completed on 3 units in Greenock, student pods.

I was refered by a friend who previously brought from them, I did my research before buying as this company were selling their student pods for £27,500 (cheapest in the UK). I found this bizzare, so as anyone would do I called Fresh Start and asked how can you sell so cheap?

I spoke to a gentleman called Humayun who told me they buy distressed properties from builders going bankrupt, basically they buy cheap so can sell cheap.

Anyway he talked me into buying Greenock Halls in Scotland, this is the first time I have invested outside London but it was a great deal.

I brought 3 pods of him at £25k each, with free legals and a 2 year rental guarentee.

He emailed me pictures of the building, rooms and most importantly the document showing that Fresh Start owned it.

I reserved with him of £9k which I wasnt sure of as the funds were paid to Fresh Start.

I hadnt recieved my contract after 7 days so called in to chase it up, a couple of days later it arrived.

I exchanged contracts and completed on the same day (within 2 weeks)

As promised I have recieved my first rental income, which they said would be paid a month in advance.


I am very pleased with Fresh Start and would recomend to anyone. I am a investor so I dont really care about who was the previous director and things like that, what is important that I walk awy with a fantastic deal.
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  #13  
Old 8th December 2011, 09:44 PM
yarrum1985 yarrum1985 is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

I would get your solicitor to look closer at this deal. Property requires major refurbishment...has no HMO Licence....has no plannibg consent other than students. There are no students in Greenock. Fire Officer & Inverclyde Council in process of closing building down.

Nothing will happen until Planning & HMO applied for which could take 12mths and a cost of £1million +

Quote:
Originally Posted by propertymogul View Post
I have read all the comments left, I am shocked as I have completed on 3 units in Greenock, student pods.

I was refered by a friend who previously brought from them, I did my research before buying as this company were selling their student pods for £27,500 (cheapest in the UK). I found this bizzare, so as anyone would do I called Fresh Start and asked how can you sell so cheap?

I spoke to a gentleman called Humayun who told me they buy distressed properties from builders going bankrupt, basically they buy cheap so can sell cheap.

Anyway he talked me into buying Greenock Halls in Scotland, this is the first time I have invested outside London but it was a great deal.

I brought 3 pods of him at £25k each, with free legals and a 2 year rental guarentee.

He emailed me pictures of the building, rooms and most importantly the document showing that Fresh Start owned it.

I reserved with him of £9k which I wasnt sure of as the funds were paid to Fresh Start.

I hadnt recieved my contract after 7 days so called in to chase it up, a couple of days later it arrived.

I exchanged contracts and completed on the same day (within 2 weeks)

As promised I have recieved my first rental income, which they said would be paid a month in advance.


I am very pleased with Fresh Start and would recomend to anyone. I am a investor so I dont really care about who was the previous director and things like that, what is important that I walk awy with a fantastic deal.
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  #14  
Old 30th December 2011, 09:28 AM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

Thank goodness for "What Consumer" and the Advertising Standards Authority. At least people can make an informed opinion whether to invest with Freshstart Living. I wouldn't!

On moneysavingexpert com


Spot the difference?

How many properties do Freshstart Living claim as “on target to sell by the end of our financial year” – 2,000?, 3,000?, 100,000?


FreshStart Living to float on AIM
“The business, which has completed a string of acquisitions this year, is on target to sell 3,000 units in the financial year to December 31 2011.
Manchester Evening News : September 29, 2011


FreshStart Living rapped by ASA
“FreshStart Living has sold 1,400 properties since the start of our financial year in April and is on target to sell 2,000 by the end of our financial year 2011-12.
Manchester Evening News : December 30, 2011
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  #15  
Old 30th December 2011, 05:52 PM
beecroft beecroft is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

Quote:
Originally Posted by Joe E View Post
Freshstart Living / Fresh Start Living Limited / Wrightchoice Developments Ltd

Have you had dealings with Freshstart Living Limited, Phillip Wright, Andrew Camilleri, Alan Pierce?

Researcher seeks any information.

Investors/Tenants/Suppliers/Trading Partners.

Customer experiences, from staff, past or present appreciated.

All responses treated in confidence.


To: arrang (at) gmx.com
Yes i purchased one student pod at Greenock in November 2011. To date i
have not received any rental payment from Fresh Start.
I have phoned them on several days, they just say the money will be paid shortly.

Peter. B.
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  #16  
Old 3rd January 2012, 08:00 PM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

Someone has been busy. I have received this alert from moneysavingexpert

Philip Wright & Alan Pierce & Freshstart Living Ltd & Live at Lakes Ltd

2nd Floor Oak Court
Clifton Business Park
Manchester
Lancashire
M27 8FF


Philip Wright is the sole director of Freshstart Living Ltd. Alan Pierce owns the shares.

Philip Wright was a director of Wrightchoice Developments Ltd (company number 03768709). Philip Wright put this company into Liquidation less than a year ago. Wrightchoice owes millions of pounds to the many small businesses it failed to pay. Alan Pierce was also a director of Wrightchoice Developments Ltd.

Alan Pierce was also a director of Live at Lakes Ltd. The only current director of Live at Lakes Ltd is Philip Wright. Philip Wright is the only shareholder.

Recently, Live at Lakes Ltd was successfully sued in court for debts of more than £1.5m. This judgment remains unsatisfied. It has not been paid.

The details of Live at Lakes Ltd are below

LIVE AT LAKES LIMITED Co Reg No: 06811183

Previous Name

PIERCE PROPERTIES (2009) LIMITED

Trading address
2nd Floor Oak Court
Clifton Business Park
Manchester
Lancashire
M27

List of Court Judgments
Date Status
30/08/2011
Status
Unsatisfied Judgment
Amount
£1,562,592.00
Case Number
1BW00448
Court
BARROW IN FURNESS

CCJ Summary
Date to 31/12/2011
Amount £1,562,592.00

Status History
Date Status
17/03/2011 Compulsory strike off canc’d
10/03/2011 Dissolution (First Gazt)

Shareholders
Name
PHILLIP WRIGHT
Shares
1 ORDINARY GBP
Value 1.00


Shareholder Summary
Share Capital £1

Director
Mr Phillip Wright M.C.I.O.B
Date of Birth
29/06/1958
Nationality
British
Total current directorships
43
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  #17  
Old 5th January 2012, 08:58 PM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

Antony has posted an interesting message on the moneysavingexpert com website. I've abbrevt it here;

I have taken calls from Freshstart trying to encourage me in. BMV is their big selling point. (Below Market Value).

If the adage of the house is only worth what someone is prepared to pay for it is reliable, then this would surely suggest that the BMV figure is irrelevant. The BMV price is in fact the true value. An argument could be put forward that the purchaser is simply helping to chase values down.


One major inconsistency is the fact that logically the buyer should be concerned that with potential distressed sales readily available, and with offers being accepted currently that would have been described as derisory twelve months ago, the indications are that the market place remains very unstable overall.

To buy on the basis of a prediction of only a further 10% fall appears over optimistic. Presumably the cash buying purchaser is in fact borrowing from a facility that gives the opportunity of rapid completion. Each month the property remains vacant any potential profit is likely to be eroded by payments, doubly so if the market continues to fall.


Perhaps the abbreviation BMV is a misnoma, CFK would be a more appropriate description, Catching Falling Knives.

Reading through some of their website I see numerous holes in this "investment". What are you buying? Just a bedroom? That would explain the apparent low rent as there is still the kitchen, bathroom, lounge, hallway, landing, stairs, lift and front door still to pay for. Annual Service Costs? Paid to whom? They aren't going to go down are they? Refurbishment not complete? The promise of jam tomorrow.

Certainly there must be investment opportunities in student accommodation, but with applications down 7.6% on this time last year (news reports today) and tuition fees up next year it could be a softening market in a number of cities quite soon. Of course just 7.6% down on what was a bumper year for applications may well be an excellent result.

I would be very cautious. (Is it a collective investment scheme or time share? You due to be a absentee part owner of a flat in a part of a block?) I would want to see the property and would appoint my own solicitor. The more I think about it the more uncertain I am that this is an "investment" at all. No thank you. Not for me.
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  #18  
Old 9th January 2012, 06:51 PM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

see martin lewis moneyexpert

I spoke to Freshstart Living after being called by them. I don't know how they got my number. I asked some questions and was told to check their website. This is what it says on their faqs.

What is the procedure for purchasing a property with FreshStart?

In order to reserve one of our properties you will need to complete a reservation form which will also include details of your solicitor/lawyer. Once this has been signed you will need to transfer a reservation fee of £3000 into our account via bank transfer which is non refundable. £1000 of this fee is to cover administration costs and the other £2000 will be deducted from the total amount of the property. Once we have received the funds into the account we will take the property off the market and you will hear from your solicitors with regards to your contract for exchange. Exchange will need to occur within 14 and 28 days of reservation. Completion of contract will then take place 14 to 28 days after exchange if the property is built or after the property completion date in the future. If the property is incomplete there is nothing to pay after exchange until the property is built.

As it says ""If the property is incomplete there is nothing to pay after exchange until the property is built.""

WHAT HAPPENS IF I PAY MY DEPOSIT AND THE PROPERTY IS NEVER COMPLETED BUILT OR REFURBISHED? WHAT IF FRESHSTART LIVING GOES INTO LIQUIDATION FIRST, IS MY MONEY PROTECTED?
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  #19  
Old 17th January 2012, 10:05 PM
Elizabeth Tonbridge Elizabeth Tonbridge is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

copied from other website

Hi, I purchased a student pod in Montgomery House, first FSl did not comply with payment plan, for which I have to sell my car and other things to pay them to complete. than they said rent will be paid from a date which was not justified and now they are not paying rent. If anyone is also not receiving rent please contact me as we need majority of lessee to oust them from the management legally.

contact me mian_zaki (at) yahoo.com
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  #20  
Old 18th January 2012, 01:00 PM
thelegalizer thelegalizer is offline
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Default Re: Freshstart Living Limited – Fresh Start Living Limited – Freshstart

Wow this seems to be a massive scam. I'm currently working on a new BBC show called The Legalizer and will definitely make sure we look into this...
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