If I could do less than one star I would. Don't go near Seven Capital Developments. I was contracted to buy in Bracknell. The mortgage offer I received valued the apartment at £30000 less and this coupled with the ground rent that is now outside of legal boundaries will make it hard to sell. Yes I know I signed a contact, know that the ground rent legalities were different in March 2020, but being offered a chance to pay £7500 ground rent up front just adds to the cost. I looked at the option of selling but who would buy when the price has crashed and other units have been up for sale for months? So in plenty of time I have Seven Capital legal notice that I cannot complete and wish to withdraw. It's not enough for them to keep my 20% deposit which I understand I have to forfeit but their solicitors are not accepting my withdrawal and charging me daily interest till at least January 2nd 2024 and a service fee tillJune 2024. So a way to make more money out of me. Yes Sharon at Customer service might be great when she answers the phone. But I would say stay away. If they are like this now I'd not want to deal with them as a property owner.
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UK Property Investment Company SevenCapital is a forward-thinking property investment company transforming commercial spaces in key city centre locations into stunning residential apartments and also building brand new apartment complexes in equally desirable locations.
We offer those looking to invest in buy-to-let property an exceptional opportunity to buy luxury apartments off-plan direct from the developer. This enables our clients to buy premium real estate for lower than the market value of a completed development, giving you a greater return on your investment. SevenCapital is an independent property investor, founded by passionate business people with years of property and investment experience.See more
