The Ahuja Group are a property sourcing company who source deals for clients from Property dealers and sell them below market value to clients.
In order to get access to their deals you have to become a client and pay a fee of £374.99 upfront. for each deal they find you, you have to pay a reservation fee of £3000. The problem is, if you cannot complete the company will NOT refund you.
I have recently dealt with this company. I became a client in March this year, paying £374.99 to do so, thinking it would be a good way to begin a property portfolio. On doing this, the company found me a property in Blackpool. I paid a reservation fee of £3000 for this as it seemed like a good deal. I spoke to the sourcer and also the mortgage advisor who told me he could get a mortgage for this property. A few days later I was offered another good deal which I also accepted, again paying £3000 for the reservation fee.
A couple of days after I had paid the second reservation fee, I received a phone call from Ahuja group telling me the mortgage advisor was unable to get me a mortgage because I had only recently changed jobs. I changed jobs in January this year and this was the end of March. The strange thing about this was that I received a mortgage offer from this same lender in February for a property I was buying through an Estate Agent, so I knew I was creditworthy and mortgageable.
Despite the failure to get me a mortgage for either property the company have not issued me a refund. I have tried unsuccessfully to claim through Paypal, and have not received a reply to any emails I have sent to Paypal, Ahuja Group or their mortgage advisor. I want to claim all my money back, that is £6000 and £374.99 client fee, total £6374.99.
I would advise anyone to steer well clear of this company. I will be taking legal action if nothing happens soon, but for anyone else I would urge you not to put yourselves through the same trouble.
The old addage 'If something seems too good to be true it probably is' certainly rings true here.