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Old 1st October 2008 | 09:42
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christep
 
Joined: Sep 2001
Posts: 606
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From: Hong Kong
No, but simply from this:
Q. Why is property a good investment?
Past history will show that property investment has produced consistent returns over time. Working on the basis of an 80% mortgage, the investor contributes 20% of the cost of the property to get a return on the full investment.

Example: A property costs £100k, investor puts in £20k, in a year the property appreciates by 10% giving a return on investment of 50%, or £10k.
from the FAQ on their website I wouldn't touch them with a bargepole. (Hint: what about the cost of the 80K mortgage, and all the setup costs?)

There is also no info on the site about who exactly the company is: no address, no company name, no details of any licences to provide investment advice and so on. Just a Hong Kong phone number.

This town is over-full of complete shysters trying to sell you this and that. I see no reason to believe these aren't one of them.
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