Grand designs on the cash!

A property firm which was set up by TV personality Kevin McCloud faces liquidation

HAB Land Finance encouraged 280 people to invest £2.4m, promising returns of 8%.  The investors were sold “mini-bonds” to crowdfund the purchase of land for housing estates in Oxford and Winchester.

However, after a period of ‘difficult trading’ there has been no return and HAB Land Finance and the company which owns it, HAB Land, have now called in liquidators.  There is no prospect of the investors seeing any of their cash back.

Mr McCloud resigned from the company in February 2018.

For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation, please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.


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