Home

asset

Investors warned about equity release scam

Submitted by Manager on Wed, 30/11/2011 - 10:13

The National Fraud Intelligence Bureau is warning of a new investment scam which is hitting elderly and vulnerable victims.

The offenders advise them to use an equity release programme to release funds – as homes are often the largest asset their victims own. They then offer to buy or sell shares, stocks, land or other property, or rare goods.

They use publically available shareholder lists to target their victims, make contact with  them at seminars and events, or even use word of mouth.

Call us now on 0845 066 9432 or click here to email us

Woodland View House | 675 Leeds Road | Huddersfield | HD2 1YY
Tel: 0844 980 8801 | Fax: 0844 980 8803

We are authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate will writing and not all forms of long term care plans. IFM Utility Service is not authorised and regulated by the Financial Services Authority. Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured on it. Think carefully before securing other debts on your home. A fee of up to £670.00 inc VAT may be charged on completion of your mortgage. A fee of 1% of advance or £1,080 inc VAT whichever is the greater may be charged on completion of your lifetime mortgage or home Reversion Plan. The Financial Services Authority does not regulate Buy to Let Mortgages.Terms and conditions apply. Written details on request. Tax relief's and allowances referred to are those currently applying and are liable to change. There value depends upon the individual circumstances of the investor.

The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.
Neither this site nor its representatives can be held responsible for the accuracy of the contents or information contained within the linked sites accessible from this page.
Syndicate content