Do not have any dealings with this company. It specialises in lending to property developers. On the face of it your money is safe because of so-called ‘warranties’ detailed in the brochures used to market the investments. But the warranties (eg a first charge over the assets of the borrowers) are not as secure as they seem. I’ve lost money by investing in Amicus (a boutique bank lending to property developers) and in Authentic Alehouses (pub refurbishment business). There is no point complaining to Crowdstacker or taking your complaint to the Financial Conduct Authority. Provided Crowdstacker tell you in their literature that there is a risk in investing in their products this is sufficient to fireproof them against the regulators in the event that the businesses in which you invest go under.At a time when property prices are rising sharply, Crowdstacker have done the impossible and made substantial losses for their clients.
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