Harewood Associates pdf

Frequently Asked Questions
What Happens If Harewood Go Into Liquidation
– What Happens to My Money?
This would be highly unlikely due to the unique way
in which we are funded. We carry no bank, senior or
mezzanine debt. If in the event that the company did go
into liquidation, the assets of the company would be sold off
and the investors would be repaid. As we have substantial
equity within each project, even at forced fire sale prices,
there would be enough to repay the investors and deal with
any staff, legal and accountancy commitments.
Why Do We Not Use Bank Finance to Develop Sites?
They are not willing to provide development finance
outside the inner London areas. The banks made some
very bad decisions prior to the crash of 2008 and they are
still feeling the effects today. They are deleveraging their
loan books from badly thought out commercial loans on
overvalued stock. As a result they do not have the appetite
for lending on regional house building or other forms of
Client Testimonials
commercial lending. Most of the big commercial deals
being funded today are being funded from overseas.
Moreover, we are trying to create a network of like minded
individuals who will benefit from the huge growth within
the UK house building sector. Through them we can fund
lucrative developments and build our company and its
long term future. It is only right and fair that they should
share the benefit.
Do We Deduct Tax From Interest Payments?
No, every single one of our clients is different and have
different tax requirements and personal circumstances.
It would be impossible for us to try to monitor and
account for this.
Are you covered by the FSCS?
No, this only applies to banks. Harewood does however
operate a separate reserve fund in excess of £1m at any
time for emergency withdrawals.
Dr. Jean Alston
My appreciation
of Harewood
Associates Limited
I first met Peter Kiely
in August 2013. I
was immediately
impressed by his
business vision and
by his wish to involve
people like myself in
investment and profit
sharing. Since that time, I have invested in nine
of Harewood’s building sites; three of them
have been completed and rewarded me in the
region of 20% profit.
I have been able to visit each site, talk to
builders and see the splendid progress as the
houses have been built. I have always been
impressed by the quality of the dwellings.
Staff at Harewood’s Bolton office are always
available to answer queries, however simple
or difficult. Peter Kiely answers email requests
within the same day. I have no hesitation in
commending the Harewood Company and
its administration team. They have made
a considerable difference to my financial
wellbeing and allowed me to assist five
grandchildren, two of whom will be going to
University in 2015.
Sarah Hatch
I am so grateful to Harewood associates
releasing me from my contracted investment.
A life threatening medical emergency arose in
my family and I needed to raise substantial
funds. Having tried to get my pension paid
early without success my last resort was to
approach Kay at Harewood associates.
I fully understood the contractual side of my
investment none had reached maturity. I
was so relieved to receive the call back to
confirm the director agreed to return my full
investment, I cried with relief once I put the
phone down.
I would recommend Harewood not just
because the payments arrived on the dot
into my account every month. They are a
financial company with a heart. Good honest
people! Once my situation has eased I will
reinvest with peace of mind I am dealing with
human beings who understood my difficult
situation.
Mr Kyaw Htoo
I was looking for fixed
bonds but the offer
from the banks and
building societies
were not that great
so I was looking on
the internet and that’s
when I came across
Harewood.
The first thing I looked
at was the investment
and the second thing was the product itself.
The staff explained every step, the risks and
the benefits involved in those investments all in
full details to me and that is how I managed to
get through my preconceived concerns before
I started my investment.
I now think it is a really easy, relaxing
and straight forward experience and I will
encourage everyone to do that if they have the
chance.
The best thing about Harewood is the flexibility,
the investment products as well as the support
from the staff and the professionalism that
come from the staff at Harewood.
I would definitely tell my friends and family
about Harewood.
Accountant & Auditors
Legal Advisers
Call us today on 01 204 3 8 2 6 4 0