Sourced Reviews

Terrible property investment platform I engaged one of the Sourced franchisees Robinson and Hardings Investments Limited to source property deals and despite paying over 6 000 in sourcing fees no deals have been sourced or completed Despite the Franchisee acknowledging a full refund is due to date I only received excuses as to why the refund is not paid The Franchisee has now gone MIA Overall the experience with Sourced has been poor and like so many others I m out of pocket having paid for services never received This is a scam investment platform and I recommend avoiding at all costs Sourced s assertion that they are not responsible for the actions of their Franchisee s is absurd Franchisees pay a fee to Sourced who as Franchisor provide training regarding sourcing and completing property deals and all Franchisees operate under the Sourced brand Investors are funnnled to the Franchisees via the Sourced investment platform app All contractual agreements are provided by Sourced and Sourced provides ongoing training and mentoring to Franchisees regarding the operation of their business so to suggest Sourced are not responsible for the condcut of a Franchisee who is following the Sourced business model and training is a farce

Unprofessional Service - I don t think I have dealt with anyone who have been so cagey and weird I signed a contract with sourced for property introductions with a Ed Harding and provided all my ID But whichever sourced agent you use the result is always the same Whenever I am introduced to a property the guys deliberately withhold most of the information Its just a waste of time you have to keep on contacting them for bits of information They told me about a property in Doncaster saying we cant give you the address but the first bit of the post code is DN4 Well that covers most of Doncaster They never give you the address and before you go further they tell you there is another buyer seriously interested This has happened so many times that I am sure they are lying How can you buy a property when you don t know the address They then pressurise people into buying One sourced agent said to me you don t have to worry about anything look at the figures trust us and just pay the deposit for the property Well you cant tell me about figures people from Sourced I am a Chartered Accountant I know all about figures and estimates thank you In the end I told them straight I am a property investor not a drug dealer or someone criminal that you should deal with your clients in this way especially since I signed a contract with you Ridiculous

DO NOT USE They have had my money for three months and nothing now want take calls or reply to emails it s one BIG fat CON and I m 400 pounds lighter ABSOLUTELY DISGUSTING

Do NOT spend any of your hard earned money with any of these people The numbers you see on the potential returns are absolutely inflated to the top to make it look appealing and have zero reflection to reality I invested with Shahid 8600 sourcing fee ridiculous in two SAs in Manchester It was advertised as potential average returns around 900 pm This now is the 3rd month and I always need to put money from my pocket to cover rent and bills They are absolutely dishonest and disgraceful AVOID AT ALL COSTS To understand how dishonest they are go to their website and scroll down They proudly show that they have 5stars on trustpilot when they have 2 clearly seen here Absurd UPDATE Few weeks after the initial comment I was contacted by Shahid and was bullied All because I want the keys to the apartments that I legally possess That was because the management company Beehosting he put in place is completely incompetent and underperforming This has led to massive financial losses and stress on a daily basis Now I need to take the matter through the legal route and spend even more money on legal fees AVOID AVOID AVOID

More focussed on there fees and kept changing and missing out additional cost on deals I would get involved with these Arthur Daleys of property Avoid the sauce at all costs

I lost a car and over 30k to one of there franchisees The figures on deals are guesswork and they are focused on taking there fees first They avoid the process of taking the fee on completion of deals which reputable businesses do I would avoid them at all costs and have deleted there app and avoided all communication I would go through property redress but there members have paid and it s biased Do not use any franchises of this company or use the app as there focus is on draining your cash Avoid all deals and anything to do with property

They are a scam company Never invest with them Have invested in 2020 and they have neither started the development nor are returning any money after continuous chasing It s a big scam company Do not trust them at all wi th your hard earned money

Have contacted by coventry sourced ltd Looking for development deals His name is todd He has got one offer from me and after got all details he said he is going through other agent He is unprofessional and shouldn t be doing this job Waste of time and scammer and cheater I don t recommend to work with him

Please stay away from this company at all costs all the other 5 reviews I can vet are fake and paid reviews They literally take your deposit for a property that will never exist I had paid 40k in 2020 for a liverpool property and still awaiting refund to which they have no response yet and obviously there is not even a sing le floor built

Sourced tell a good story and sell you the dream but once signed up the reality is quite different They will pitch this great training but it is average at best and nothing you couldn t get for free online They will also sell you a fantastic network that you can tap into Once again the reality is very different - unless you want to bombard a load of people with rent to rent offers there is nothing They also allow and put on a pedestal individuals that can only be described as con men - I can attest to this as I m part of a 100 strong group that got conned by one of their agents In my training cohort the vast majority deeply regret taking out the franchise and feel completely oversold Sourced solution to this is to suggest you sell the franchise but you re on your own with this they won t support you I can definitely say that this was the worst financial decision I have ever made - over 30k wasted and down the drain There are significantly better organisations out there who can help you with property at a fraction of the cost My advice don t believe their hype - it has no depth or real value They are out there just for themselves Oh and if you fall for the finance they can offer - it is so much more in terms of cost in reality than the general market provide - their headline rates look good but you have to commit the whole development finance amount for the full term even when you don t draw down the money this way STAY WELL AWAY