Jaevee Reviews

Avoid for aspiring developers

I use to work with them but was disappointed after they threatened to charge me money for sending an email to them They discuss about the pain and took money of me for projects Jayvee scrutinised figures via rcis data and run courses for revenue They happily take your money and run There are better and more efficient alternatives to this for new developers I have a strong power team and achieved funding for developments without these training companies I was upset at the treatment and abuse by them after setting up for 2 projects which they take money for Save your money and time and go elsewhere as they disappoint you on a regular basis as an aspiring developer

Gross negligence of GDPR

Gross negligence of GDPR - STILL receiving proposals and poor marketing emails Must be what 6 7 times I ve asked to be removed and each time told it s been done Think it s time to escalate

Fake Promises Liars

I would give this a lower rating if possibleI invested in the SPV1004 Project in early 2019 I was told by the main person that the project is already underway and they just require the additional funding to complete it I had a look at all the documents and the number and it made sense at the time The project was a sell for profit strategy to be completed within 24 months It has now been about 42 months 3 5 years and the project only started its construction a couple of months ago The completion date gets delayed each month without explanation Updates were not provided in a timely manner by the investor relation manager At this point I am scared this company will never return the money let alone complete the project If you look on Government website about this company you can see all SPV are under the name of one person I do not know much about him but there are forums online saying he has been with other companies before and has failed I hope this is not the case with JaeVee but it seems a massive red flag The funny thing is when I posted my review on Google they reported me and claimed it to be a fake review I have a shareholder agreement showing I am part of the project I contacted JaeVee numerous times by phone I was told by the person on the phone that he would get the main person to call me No one ever called me I had to call multiple times before being put through to him and he was using the classic COVID as an excuse for a 2 year delay in the project Please avoid this company at all costs EDIT UPDATE According to JaeVee s reply to my review they are claiming it is not true Other than the video they have posted let me see them provide another update to their reply Since I posted this review - There have been no monthly updates on this project for the last 7 months- Building work has been halted since last year- Connells have removed the listing of the property from their brochure- The CEO has terminated himself from the project Check on Companies House website - 2 Weeks after being terminated the project has gone into receivership Check Companies House to verify I have pretty much lost my money with JaeVee now but the aim of this review is to raise awareness to others considering this dishonest company Please do your research check out the above Check other reviews Tread carefully with these cunning frauds

Investors stay away

Awful experience A project I invested in 2019 with a 24month turnaround still hasn t completed 5 years later When asking for an update I get a rude and condescending reply Lies after lies about when the project will complete and the investors will get their funds back Disgusting unethical company with no consideration of investor funds Keep your money safe and stay away from this sham of a company

Stop with the fake reviews and start being genuine

Really Is this what JaeVee resorts to Failing as a business and sinking ship The reviews that are evidenced and verified are verified for a reason Maybe if you actually fulfilled promises that you make then maybe you would have genuine positive reviews 6 years and counting Still not had any progress with my investment which was meant to be a 24 month project Absolute frauds

No Info No Updates No Shovel in Ground

Invested in the Kings Lynn Development SPV1022 in March 2021 A 12 month project The Investment Memorandum stated With planning consent already granted there are no planning risks Turns out this was not true and there have been significant ongoing delays for planning Two and a Half years on and there is still no shovel in the ground No meaningful progress reports No update on the project timescale and costs And the world has changed since Covid I email regularly either no response at all or Update at the end of the week Then nothing I have no idea when I will see my money again or if it will have anything like the promised returns Very Very disappointed Edit 16 Nov 23 Following this review JaeVee got back to me and eventually supplied the status about the project that I was asking for Shame it took a review to do so Work should start on the project in the next 3-4 months Will put in another review when things improve

Invest at your own risk

I have come here to rant as it seems to be the way Kevin247 managed to get an update out of JaeVee Invested in the Kings Lynn Development SPV1022 in March 2021 A 12 month project The Investment Memorandum stated With planning consent already granted there are no planning risks Turns out this was not true and there have been significant ongoing delays for planning Two and a Half years on and there is still no shovel in the ground Kevin247All of the content above still holds true regarding the project and subsequent to the update in November they JaeVee have gone back into their usual patterns of no updates I have grown sick of contacting them with no replies using email WhatsApp or via the investor portal As trust pilot review resulted in an update I will no dairy my poor experience here for potential future investors It is now 2 months on since the last update with no further updates JAEVEE SPV1006 LTD the SPV company names under which this project is being conducted has be issued notice of being removed from companies house provided there is no update submitted within 2 months after 02 01 2024 second occurrence of late account update I m unsure why there is this delay as they are meant to be experts in the field I wonder if this review will prompt an update on the investor portal especially as the current date has now elapsed the purchase date I share the sentiment of being VERY disappointed in the service particularly the communication and what seems to be misinformation

Failed Developments Missing Funds Conflicts of Interest

I invested a significant sum into JaeVee SPV1012 trusting Ben James Smith and the assurances given about the company s structure and transparency Unfortunately my experience has been far from what was promised There were major discrepancies between the information I was given and what actually transpired The company accounts did not reflect the funds I contributed my expected shareholder rights did not materialize and I struggled to get clear answers about how my investment was being used JaeVee SPV1012 is now in administration along with JaeVee SPV1009 The District Project Ltd Yarmouth Project Ltd JaeVee SPV1028 Ltd and JaeVee SPV1029 Ltd all companies connected to Ben James Smith and JaeVee These companies share common directors and ownership raising further concerns about the management and financial practices involved The primary development lender Lendnet had serious concerns about the lack of progress on-site despite the funds they had released They also noted that the Westlegate development was required to be habitable by October 2023 yet it remained significantly behind schedule In November 2024 Lendnet flagged discrepancies between the level of funding provided and the actual progress made By December 2024 they issued a formal demand for 420 000 which had been due in June 2023 but remained unpaid As a result joint administrators Gary Shankland and Irvin Cohen were appointed on 16 December 2024 putting the company into administration Additionally it turns out that the contractor JaeVee Homes is also owned by Ben James Smith The supposedly independent project manager Hatch Project Management is also owned by Ben James Smith raising serious concerns about conflicts of interest All companies linked to JaeVee and Ben James Smith have also changed their registered office address to a month-by-month serviced office in Shoreditch London which does not inspire confidence If you are considering investing with JaeVee or Ben James Smith I strongly advise conducting thorough due diligence My experience has been deeply disappointing and I would caution others to be extremely careful Addendum 12 03 Response to JaeVee s ReplyJaeVee s response avoids key facts from the administrator s report Companies House and their own communications Here s a direct reply to each of their points JaeVee says SPV1012 SPV1028 and SPV1029 are being bought back yet provides no details on what this means for investors or where the funds are coming from The administrator has not confirmed any investor recovery process Legal Action Against the FunderJaeVee claims it is taking legal action but this does not explain missing funds misleading investor updates or financial discrepancies If the funder was at fault why weren t investors informed of the risks before insolvency Misrepresentation of Financial PracticesJaeVee says its accounts are fully compliant yet Shareholders Agreement does not match Companies House records No Statement of Affairs was provided to the administrator a legal requirement LendNet flagged major concerns about missing funds before placing SPV1012 into administration If accounts were accurate why do the administrator s findings contradict JaeVee s claims Unfounded Accusations Against Ben James SmithJaeVee says its business structure is standard but JaeVee Homes contractor and Hatch PM project manager were both owned by Ben James Smith yet investors were led to believe they were independent JaeVee Homes continued receiving payments despite LendNet raising concerns over project progress If this was industry-standard why was the ownership structure not disclosed to investors JaeVee Homes contractor and Hatch PM project manager were both owned by Ben James Smith yet investors were led to believe they were independent JaeVee Homes continued receiving payments despite LendNet raising concerns over project progress If this was industry-standard why was the ownership structure not disclosed to investors Final Notice Legal ThreatsRather than answering these concerns JaeVee dismisses documented facts and threatens legal action My review is based on The administrator s report confirming financial concerns JaeVee s own emails acknowledging shareholding discrepancies Companies House filings which do not reflect the agreed shareholder structure If you are considering investing with JaeVee review the administrator s findings before making any decisions Do your due diligence

Five stars to date

I must admit to being apprehensive by the ROI JaeVee displayed on one of their projects but they were more than happy to show the financials that culminated in that figure After some deliberation and discussion with their people I look forward to seeing how the project I ve invested in progresses I d certainly recommend