The Financial Services Compensation Scheme (FSCS) has paid out £3m in claims related to collapsed advisory firm Bentley-Leek Financial Management (BLFM), which had advised clients to invest in failed overseas property schemes that it was also in charge...
Investor group Little River Victims (LRV) has started proceedings against an Algarve-based golf resort developer after losing $3m of investments in US properties that were sold to them through their advisers.
Embattled property fund house Brandeaux has admitted the net asset value on its suspended £92m Ground Rents fund is likely to be 5% less than anticipated.
Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.
Investors trapped in property funds suspended by Brandeaux last week have had to wait more than two years, in some cases, to exit the embattled vehicles.
The Financial Services Compensation Scheme (FSCS) has raised the spectre of further levies to compensate Bentley-Leek Financial Management customers invested in collapsed property schemes.
Her Majesty's Revenue and Customs (HMRC) will target wealthy people who own property abroad, the department announced today.
The Barclay brothers have bought three of London's top hotels, including Claridge's, for 800m euros (£695m).