Doomed - Trading is currently suspended

[moorfield]

http://www.thepropertyinvestmentmarket.com

I looked at this a while back and thought nice idea but it's a disaster waiting to happen. And now the site has been suspended all week. Glad I didn't put any money in I'd be bricking (no pun intented) myself now

[DimPrawn]

What was it?

Looks like the FSA got them for trading without a licence.

[AtW]

What really cracks me up is that some scammers are allowed to hold seminars on get rich quick in property charging thousands of pounds for that.

[moorfield]

No - I think MiFID has changed all the rules for them this month, and they didn't bother getting themselves sorted out in time. Oops.

[bored]

If you want to invest in property in this way you could try spread betting websites. I think they're expecting the price to go down so if you think property is a good investment you could make a highly leveraged bet and make out like a bandit if it works out.