Did you invest in the One Hockley, Nottingham Development?
Address: One Hockley, Nottingham, NG1 1FH, UK
Developer: Alpha Student (Nottingham) Ltd
Default Status: In Liquidation.
NWIC Bonds in issue: 131, Estimated Total Exposure: £4,300,000.00
This development went into liquidation in August 2015.
Liquidators MacIntyre Hudson were appointed by the developer, Alpha Student (Nottingham) Ltd on the 17th August 2015.
They have already issued a Statement of Affairs which shows that there is going to be a huge shortfall in the amounts that are repaid to investors.
Our lawyers have looked at the matter and have been in touch with the liquidators. The best estimate that they can give at the moment is that the amount which will be paid back to investors is likely to be less than 30%.
We all know of course that the NWIC deposit protection bond is not going to pay out one penny so investors are therefore left facing a loss of over 70%
If you invested in this development, we want to hear from you.
Please get in touch at email@example.com