Cavendish Incorporated and Cottesmore Associates
We have evidence that some of the company directors of Cavendish Incorporated and Cottesmore Associates were involved in the Texmoore loan note scam [LINK].
Cavendish Incorporated Ltd is currently promoting a similar investment product to Texmoore i.e loan notes for student accommodation, mixed residential and commercial properties. The company became FCA-regulated on 17th January 2021. To quote from the website:
“At Cavendish, we believe in creating communities and making a positive and enduring impact on the country’s built environment. We focus on developing student accommodation (Purpose Built Student Accommodation and traditional residential properties), social housing and commercial schemes, creating vibrant and sustainable urban environments. We deliver long-term value to our stakeholders through our rigorous approach to development and our innovative design”.
“Our aim is to create developments that enhance the areas around them and improve the lives of their occupiers, whether residential or commercial. We deploy innovative design and thorough research, working only with trusted partners, to achieve this goal and make our vision a reality.”
Bhavita Punja | Director
“We undertake as much of the development process as we can in-house, from identifying sites, to financing and designing the building or scheme, and will only work with trusted professional partners when required. We don’t have generic blueprints that we impose across the board; instead we treat every site individually, with sensitivity to its particular needs and environment. We focus on developing our schemes with a specific requirement or ambition in mind, whether that be a great place for a business to thrive or high-quality social housing for those that need it most – our schemes have individual personalities that suit their locales. Our potential development portfolio is broad in scope, with greenfield and brownfield sites, and both city centre and out-of-town locations. We develop sites from the ground up and also improve and redevelop existing sites, renovating them in their entirety and bringing them up to date for modern living and working”.
“We either sell our developments upon construction or enter into long-term leases: with local councils and authorities in the case of social housing, with universities and privately in the case of student housing and with businesses on the commercial side. In a world of historically low interest rates and volatile markets, secure assets that produce predictable income over a long period of time and can help hedge long-term liabilities are becoming ever more valuable for investors and for our stakeholders”.
Cottesmore Associates Ltd was incorporated on 23rd November 2018. It became an Appointed Representative of Cavendish Incorporated Ltd on 11th February 2021. This means that it can carry out FCA-regulated activities under the umbrella of Cavendish Incorporated Ltd.
We tried contacting both companies by telephone several times asking to speak to a company director or to one of their team. Nobody was available.
We have more information but cannot publish it at this time. We have made a report to the Financial Conduct Authority and we advise any person who may be considering making an investment with either of these companies to contact the Financial Conduct Authority on this link before parting with any money.
To view a more recent update please click this LINK.