Mis-sold Overseas Property Investments Claims
Overseas property investments are known to be some of the most attractive for investors, whether it is a standalone one, through a SIPP, or for an individual who wants to sweeten their retirement.
These types of investments not only predict some appealing returns, but the imagery is ideally great. Those condos, villas, and hotels located in popular and attractive locations certainly give the impression that they’re sure to succeed.
Well, at TheYEC, we have come across numerous overseas property investments, both small and big, ambitious and conservative and we are pleased to say that most of them are sold almost immediately through transparent and honest means and advice.
Who Has Encountered a Mis-selling on Their Investment?
We would be lying if we said we haven’t encountered investors who were mis-sold. The truth is there are many and for a number of different reasons. However, generally, if you are not earning at least £100,000 per year and are not a risk-happy and experienced investor, then chances are you could have been mis-sold your investment either via your SIPP or as a cash investment.
Why an Overseas Property Investment Claim is Essential
If you have invested in a property located out of the country, your future gains are at a huge risk. Why did you decide to invest in this potentially unregulated business field in the first place? Well, we can make a guess, but in order to know more, we require all the details to investigate the claim for foul play, non-compliance as well as signs of negligence. But do not fret as there is no obligation to continue if you don’t wish to do so. Also, TheYEC will handle all the paperwork on your behalf.
If your advisor failed to conduct suitability checks on your behalf, then they might be at a violation of the know your client rules, thus putting you and your investment at risk.
Can You Be Able to Handle the Risk
It is important to know that the FAC does not regulate most of these investments, and so, they are usually suitable for people with a high net-worth, usually over £100,000 per year. Did you check this with the IFA and did they confirm that it’s unregulated?
Most advisors are usually quick to advise investors to bite the bullet as they are bound to receive huge payoffs from their providers. Did the advisors tell you what they will be getting?
Whether the investment fails or not, it does not change the fact that you may have been mis-sold and compensation is possible if it was the case. You not only get thousands in the form of compensation, but you get to keep your investment as well.
No Win No Fee
Perhaps the best thing about availing our services is that you do not pay us unless we win your claim. Our company is keen to see fair compensation and justice, and we are supporters of honest, clear and transparent advice. As such, we do not see the need to charge you if we do not win the case for you.
Whether the IFA mis-sold overseas property investment to you, due to negligence or any other reasons, we can help resolve the issue and ensure that you are compensated fairly. A claim against their business model will certainly force them to conduct fair practice in the future.
At TheYEC, we have an experienced team in these sorts of cases, and we know where to look for mis-selling signs. We operate at a no win no fee basis and the initial assessment is for free, thus leaving you with nothing to lose.