"Sorry - lost all trust"

updated review

The latest notification that the funds will be held indefinitely (no date provided) before being released to investors is very concerning.

Bricklane, you need to arrange a meeting or zoom call with us investors to address all of the very valid questions that have been raised below.

6 monthly updates are NOT appropriate, given what is happening with the fund and the wider property market.

"Give my money back"

Hi Mike,

As per your email: "After discussions with our tax advisers and auditors, the Directors have concluded that property income distribution ('PID') payments should be paused to ensure that dividends are not overpaid to shareholders during the wind down period. We are in the process of drafting our next update for investors with the latest details, which we will send out in the new year."

However, I would like to make a formal complaint as per the Financial Ombudsman Service advice now. Please could you send me the form or the email I should write to? I'm sure there are other people who would like to take this to the next level. I'm quite serious about getting my money back.

"Shocking! Time to pay out!"

Shocking! I agree with Paul Eyres. I just want my money back now along with everyone else. I'm totally fed up of being fobbed off, they have enough money in the bank now to pay out, so pay out. We don't care what your advisors say. Stop holding onto OUR cash and making interest for MAINLY YOUR OWN BENEFIT. It's been too long, nearly 2 years since requested. Time to pay back, stop findng excuses to delay. We have a right to have our money back now, No' is not an option.

"Where and when are this band of…Consequences of trust"

Where and when are this band of professional investors going to get their act together? they have had more than enough time trading on a buoyant property market to have worked diligently for the investors to crystallise the remnants of our potential returns.
The selling of this prospectus by your team belies the way you have conducted yourselves on what could be called a team not fit for the purpose to perform their duties with integrity and truthfulness to the clients who trusted you initially.
Whilst fully understanding the cladding position you constantly refer to ,your failure cannot be solely justified by only one challenge to overcome.

"Scam"

Scam! I have asked and asked for my money back whatever left of it. They don't even give a penny back not even dividends...

"It is a scam"

It is a scam! I havent been able to withdraw my money - they simply dont let me to do it. They send me long emails with financial terms in, and refuse to pay my money back.

"Disgusted with Bricklane Investments"

They still have not given cash back to Investors , very unfair , at least part could be given back , Zoopla dont come out of this well .

"CHEATERS"

that's totally a scam that was well planned since the beginning.
They sold out most of the properties and didn't refund money to shareholders yet !!!
cannot wait to be back to London and go to visit them to the office !!

"I started investing in Bricklane in…"

I started investing in Bricklane in March 2017 and was initially pleased with the growth of the fund. Since the Grenfel/cladding related issues came up it has been disappointing to see the value of the funds drop and the inability to withdraw my funds has been even more disappointing. I sincerely hope the wind down process is done with the best interest of investors in mind as I could do with the funds now locked up for over 5 years now.

"SCAM ALERT!"

Dear Bricklane,
How come the valuation of our investment is going down extensively every now and then when you are winding up the properties and would take few more months? Logically it should remain the same once you started with the winding up process or rather go up as per the property surge records. You are scamming investors big time by holding their investment this long, when you actually promised transparency initially when we had invested! This is very unethical! We trusted you and you have let us down. We have been waiting since the start of 2020 and now it is April 2022. Ask us how we were doomed to survive the pandemic and are still struggling! The total amount invested Vs the current valuation is soon gonna get dissolved at this rate. Your financial reports and websites claims "£600m of institutional capital currently being deployed in the UK", but why is our investments still on hold, when you actually have enough to return us with all the arrears and our hard earned investments principle? Do not give lame excuses of all the factors you have been providing when you are actually claiming how Bricklane has been shortlisted for:
Scaling at Pace Award 2021,
Data Driven Business Award (Property) 2021 &
Deal of the Year at the 2022 RESI Awards for our £600m partnership with Moorfield Group ... our investment details say otherwise!

You consistently keep changing your company names from:

PROPERTYLIFT TECHNOLOGIES LTD.
to
Bricklane Investment Services Ltd
to
Bricklane Technologies Ltd

Kindly return and pay back our investment returns along with the accumulated arrears and profits. That is all we ask. Please.