Did you invest in the Key Homes Docklands Development?
Address: Land on the North West side of Westferry Road, London, E14, UK
Developer: Key Homes UK Ltd (owned by Rafik Patel) and West India Dock Road Ltd
Status: Both Key Homes UK Ltd and West India Dock Road Ltd are now in liquidation by CG & Co (for Key Homes UK Ltd) and by David Rubins & Partners (for West India Dock Road Ltd)
David Rubins & Partners LLP,
Pearl Assurance House,
319 Ballards Lane,
London, N12 8LY, UK
Tel: 020 8343 5900
David Rubins & Partners were appointed on 09/11/2013
Position from Liquidators:
This is the only Key Homes development liquidation which is likely to pay a significant dividend. The size of the dividend an investor in this development is likely to receive from will be dependant on which company they exchanged contracts with (West India Dock Ltd or Key Homes UK Ltd.) It is currently being decided whether claims from Key Homes UK Ltd investors will be admitted to this liquidation.
If claims from Key Homes UK Ltd investors are admitted, it is likely that all investors will receive a return of up to 0.30p in the pound. If it is decided that only claims from West India Dock Road Ltd investors will be admitted, it is likely that those investors will receive a return of 0.60p in the pound, while Key Homes UK Ltd investors will receive no return on their investment.
Update June 2016:
It is now clear that Key Homes UK Ltd investors will receive no dividend. However, they all have excellent claims against Graham & Rosen and should therefore contact us urgently if they wish to make a claim to recover their investment.
Would you like to make a claim to recover your investment?
We have formed an Action Group representing investors in this development.
If you were an investor and would like to make a claim for your losses,
please register with us via our contact form.