Prosperity Developments

Prosperity Developments

Prosperity Developments 450 559 Adam

Safe Or Scam has started an investigation into three more Prosperity developments. We are interested in Tameway Plaza, The Parade, and Prosperity House.

Prosperity is still promoting its latest developments in Birmingham and Halifax. The company has not responded to a claim for compensation from a law firm representing almost 70 dissatisfied investors in its other developments. Buyer complaints include inflated valuations; shoddy workmanship; poor quality fittings; lower rental incomes than were described in the promotional material; guaranteed rentals that never materialised and a lack of response from Prosperity to valid customer complaints.

Prosperity appears to be focused on making sales and not supplying the properties that buyers were expecting. The complaints of mis-selling and customer abuse are growing.

There is also a question mark over whether Prosperity has been complying with anti-money laundering regulations.

Finally, there are serious concerns over the performance of the law firm recommended by Prosperity to represent investors in the purchase of their properties. Questions have been asked by a solicitor representing unhappy buyers.

When all is considered the Prosperity offering represented, at the least, a very poor deal for investors. At worst, it broke several UK regulations related to the protection of consumers and may be the subject of future prosecutions.

Further information on the action can be found on our SOS Investigations Page.


    Safe Or Scam is prohibited by the Financial Services and Markets Act 2000 (and associated regulations) from allowing individuals ordinarily resident in Great Britain to access our pages or use our services. Please confirm your status below.

    1.  I am currently ordinarily resident in the Great Britain; or
    2.  I was ordinarily resident in the Great Britain at the time I made my investment; or
    3.  I made my investment through my company which is incorporated under the laws of England and Wales and Scotland.

    If NONE of the above apply click the box below.



    Our Scam Alert articles are sponsored by The Fraud Team Ltd, a not-for-profit UK company which is permitted to provide services to residents of Great Britain.
    If you are someone who is not permitted to visit our website because one of the boxes 1-3 apply to you, please complete the Contact Form below. Your enquiry will go The Fraud Team Ltd.

      By Submitting you agree with the SOS Privacy Policy