Property Investors – Make Sure Your Money is Secured From the Outset
17th September, 2020Investing in property is very far from being risk free but usually has the advantage that monies advanced are secured against real 'bricks and mortar' assets. The crucial importance of ensuring that enforceable security is in place before parting with your money was underlined by a High Court ruling. The case concerned a company's purchase of a substantial property with a view to its conversion into a nursing home. Private investors were sought on the basis that they would be granted leases of individual rooms. More than 50 investors, who...