Capital Funding Manchester Co- offering to buy my house

**boredbird** · 17-10-2007 16:10 PM

Capital Funding in Manchester, they have a website, but it does not say much. I have had a offer to buy my house from them, but all doesnt not seen right.

**sundar** · 04-12-2008 18:17 PM

I am interested to know the outcome of the offer by capital funding. I have just had a offer on my house and everything doesnt seem right too! We are debating what to do?

**Ericthelobster** · 04-12-2008 18:21 PM

All very mysterious.

What exactly doesn't seem right?!

**Paul_f** · 04-12-2008 18:44 PM

Please, please take legal advice before entering into any of these schemes as there are quite a few to trap the naiive and unawry! Good schemes will advise you to do this anyway, so there's a good indication of the good from the bad.

**sundar** · 04-12-2008 19:29 PM

Originally Posted by Ericthelobster

All very mysterious.

What exactly doesn't seem right?!

They offer a price for the property, then want a deposit of £400 to cover their admin costs upfront. They will refund it if the sale is not completed from their side, but not from our side. But then, they inform in their agreement, that they will not complete until they have a buyer. When I talk on the phone they say they have a buyer already. But no-one wants to see the house for a viewing!! Further, if I am not being completely cheated, I wonder if I will be paying 2 estate agent fees!

**sundar** · 04-12-2008 19:48 PM

Originally Posted by Paul_f

Please, please take legal advice before entering into any of these schemes as there are quite a few to trap the naiive and unawry! Good schemes will advise you to do this anyway, so there's a good indication of the good from the bad.

I think they must be dubius. I found this blog regarding them.
http://blogs.mirror.co.uk/investigat...fit-capit.html
I am going to stay well away from them.