Solomon Investment Partners

Knights Court, Weaver Street, CH1 2BQ, Chester, GB
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3.50
Based on 201 Reviews

5

55.72%

4

6.47%

3

1.00%

2

0.50%

1

36.32%
About Solomon Investment Partners

For our clients, working with Solomon means always having the support and information you need. It’s about being able to count on active, expert help at every stage of your journey – everything from considering your first property investment to building your property portfolio.

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Finley
United Kingdom | 05 November 2023

It sucks to read people’s experiences which are identical to mine. I just want you to know you’re not alone. Solomon should not get away with this. It was one hell of setback for me, “Alsy Metainc” scheme made it easier for me to recover from my loss.

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Christopher John
United Kingdom | 02 November 2023

I urge anybody thinking of buying property through Solomon investments to think again walk away and find a more reputable property agent . I gave them over £15.000 of my hard earned money in reservation fees for 2 properties supposedly ready but were in fact nowhere near this was 18 months . One property was taken off the market even though I had been trying to complete on it for 9 months.Even though it’s been taken off market Solomon investments have refused to return my money so I’m now forced to seek legal action. Please never use them they have no integrity and have acted in a dishonest way in my opinion. They are the worst ever property agents I’ve ever come across

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Oliver Johnston
United Kingdom | 30 October 2023

Every business claims to offer great customer service but not many of them really do. Solomon is one of them – always there to answer questions and to offer any advice that’s needed.

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Vistor
United Kingdom | 25 October 2023

I want to withdraw a review I did for Ray Bacon of Solomon and Investment Partners which was coerced out of me. Ray has stopped taking my calls now that his misinformation, miss selling, inconsistence in pricing have come to light. I am working with others to bring the whole scam to light so that the country at large is aware of what has been happening with this organised extortion and probably bring it to parliament.

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Cathryn slow
United Kingdom | 24 October 2023

I have recently made my first investment with Solomon, so far it has run smoothly, could not have been easier. Totally stress free!! Josie answered all my questions making it very clear and giving me confidence to go ahead. She provided a 5 star service. Looking forward to investing again in the future Thank you Josie

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Jack Butler
United Kingdom | 19 October 2023

Buying my first investment property could not have been easier and it wasn’t at all stressful. We’re still going through the process but everything is progressing well. We look forward to doing more of the same in future.

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Customer
United Kingdom | 16 October 2023

When my partner passed away in 2020, I was looking for a way to invest his death in service benefit in such a way that I would be able to exist without his income. With hindsight I was grief stricken and very vulnerable at the time. Ryan Morley From Solomon Investment Partners seemed to be offering me the ideal solution, a guaranteed income from my ‘armchair’ investment. I paid a deposit of nearly £50,000 on a two-bedroom flat at St Stephen’s House in Redditch. Since that time there have been many delays caused by COVID, Brexit and various other political events. This July I finally received a notification that completion on the development was imminent and that I should arrange a mortgage as soon as possible. I used DICIO to help me source a lender. Not only had there been the drastic increase in mortgage rates but some lenders were not able to lend on the development due to ‘exposure’, something that was very new to me. Another lender said they would require more of a deposit from me. At this point it became evident that this was no longer an investment that was going to work for me and as the development had now past the ‘long stop date’ I believed I was in a position to be able to withdraw from the investment and that my deposit would be returned within two weeks. I served the relevant notice on the developer and was told that they had 20 days in which to reach ‘practical completion’ and if they did complete within the 20 days it would defeat my claim and I would have 10 days in which to complete otherwise I would lose my deposit. To cover myself I asked Solomon for an extension to allow me time to arrange a mortgage. To date I haven’t had a reply to this request. Before the 20 days had lapsed, I received a notification that the development had reached practical completion and was ready to be occupied and that should I or a valuer require access to the property it would be granted within 48 hours. I let Solomon know that I would like to visit but they didn't get back to me with an appointment. I decided that I would make the journey from London to Redditch in any case to see what was going on. When I got there with a friend it was evident that the development was not complete and indeed the site manager told me that it would be two, probably three weeks before he could hand over the development. Solomon will not accept my claim that the property is not complete and still have my deposit. Please if anybody has a similar experience and would like to join me in litigation let me know!

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Aurelle
United Kingdom | 16 October 2023

How to lose 26K + Solicitors Locking fees and Dicio Solutions Brokers to Solomon Investment partners on Doncaster Development. We don’t recommend this company. Solomon Investment Partners/ Portus Group will contact you to sell you an investment dream package. They will offer you the whole package of Solicitors and Brokers Lockings as Solictors Rainstone/Dicio Finance as a Broker Empire Properties as the developer. DH Management to manage your the property after completion. Buy one and you get all. All in one big scams organisation. Here is my story and if these relate to you, please run and invest your money elsewhere or give it to charity if you have enough to give away. We spent about 30K (25% of the purchase price ) on what was supposed to be a quick turn around investment in 2020 with numerous delays until Jul 2023. At the point of completion, 4 months later, we also found out ( via our solicitor not visit a Solomon) the development was being ‘refinanced’. on 17th July, we found that that a notice has been served by the developer to complete the mortgage process in 20 days else we will loose our deposit. Where on earth in UK, you have 20 daysto complete a mortgage? But with these scammers, you do in there own planet! The mortgage process that we were told was a pre-approved mortgage that it is done in house, is now becoming a difficult process and the broker contacted us that unfortunately they were unable to obtain a mortgage for us and we need either paid by cash the rest of the money or release equity from our residential property. the valuation of all the units sold in this development were considered to be excessive for the size and location. I have written to Solomon to ask for our deposit back and they asked to contact the solicitor. When I contacted the solicitor Locking, they told me that this "Unfortunately, you are not able to terminate your exchanged agreement, as the seller has served notice to complete on your property, as advised in our Property Report sent to you prior to exchange. By the way, Lockings has a clause for every single scenario you come up with. I contacted the broker to ask the reason why they couldn't obtain a mortgage for me if it is my credit score or affordability and his response was this - "No its not related to your credit score or affordability, it is to do with the development itself. Please see below comments from lender: The property is located on a busy road near the city centre. The location and small size of the flats will affect the saleability. It appears that most, if not all , of these flats are to be rental properties. The size and location will not attract owner occupation and demand from investors will be restricted. There will be limited demand for re-sale as an investment property." How is that my fault? I requested that my deposit is returned to me as I have neither cash of 73K or release equity on my residential property to purchase the property. I do not have 73K in cash to pay toward the property and does not have equity to release on my residential property. Surely you will have other alternatives to help with the process, but no I am straight away liable for damage and will loose my 26K deposit paid toward this investment. You should be working with me to see how to help me with the situation you put us in but no, they just straight away put the blame on us for their incompetency. I would not accept this and will be using every available regulatory bodies and solicitors to ensure that I get all the money I invested in this process since 2020, solicitors fees, brokers fees, damages and stress causes to my person and family during this 3 years as well interest on my deposit and damages for all the 3years. Shocking. Please STAY AWAY from Solomon & CO, their solictors, LOCKING and their finance broker team DICIO SOLUTION. No Shame! These people are recking innocent people and sell a dream and it will be hard to get your money back. STAY AWAY and don't believe in any of the fake reviews they are posting about success stories, none of it is true or genuine. You will thanks me! Please let Solomon Investment Partner managing Director know that I am not taking this reviews down. I have listened to him 2months ago and took it down, but now it is staying for everybody to read.

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Reza
United Kingdom | 14 October 2023

Avoid this company Avoid this company. I was naive enough to trust their agent who sold me two properties. First one was a one bed flat in Doncaster for £107k which I later realised it is not worth more than £85k-£90k. He kept promising me I can rescind the contract of purchase if I’m not happy with mortgage options etc (I still have his emails confirming this). After exchange of contract I realised properly is not mortgable by any mainstream lenders and not worth £107k and I have been deceived. When I requested rescind of contract the agent stopped answering me and their director refused to rescind the contract. I was trapped into the contract and lost thousands of my savings to these sharks. Please avoid them. My another disastrous purchase from Solomon investment partners was a one bed flat in Liverpool -Linacre house-which they guaranteed a mortgage will be available for it. After waiting more than 3 years for it and project being involved in a fire accident due to poor and unsafe construction . they turned out and said no Lender will lend for Linacre House ! , you should cash buy the property or you face serious consequences and lose your deposit (I have the email with the exact wordings). I now have to instruct solicitors and pay thousands to recover my deposit or lose my deposit to these sharks (Solomon investment partners and their developer Empire state). And let me tell you about their guaranteed rental scheme with Danum House management. First they try to play with £ figures and pretend you will make profit if you buy properties through them but in reality DH management is nothing but deception. They won’t pay you anything for the first two months saying the scheme starts with 2 months gap/delay ! And then they will start charging you for tenant finding fee for a tenant who has lived in your property for 3 years ! And they charge you for furniture pack which has been used for 3 years! Their whole organisation is set to rip people off! if need more info rezamafi2013 at gmail.com Please do not fall into their traps-they are scammers. Beware they are likely to get insolvent and walk away from all commitments and open a similar business (Esolone Ltd) to start again!

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John
United Kingdom | 14 October 2023

I invested in a property that I have now been told will not be developed. Unfortunately, I am being met with a wall of silence from Solomon Investment Partners regardless of the avenues I have attempted to contact them. Looking at other reviews, it has become obvious that I am not the first person to experience such poor service. The message displayed by trust pilot about the integrity of Solomon Investment Partners reviews has raised concerns even further.

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Rach.S
United Kingdom | 13 October 2023

I'm writing to save 100s of hardworking individuals/investors a great deal of stress and 10s of thousands of pounds which I and many other investors have already lost or are at risk of losing due to SIP and its group of scam artists' gross negligence and incompetence. What went wrong: - SIP fraudulently misrepresented the value of a 1 bed unit by over 25% & tried to substantiate this by what appears to be a fraudulent valuation report. - Caused a loss of over £50k, for myself and many other investors. - They provide grossly negligent advice for you to invest in property with the aid of mortgage finance when they know that you won't be able to get a mortgage due to the misrepresentation of the price of the property, development being investor led or other factors. - They work, and refer you to a number of negligent property professionals such as mortgage brokers & solicitors who are likewise negligent, cant arrange a mortgage product and cause investors to lose their hard earned deposits. I would strongly advise any hardworking professional or entrepreneur to stay clear of SIP or any 'property investment consultant' such as SIP and source your property deals independently. It has literally been a year of distress caused by this company and their partner companies, which no hardworking individual should have to suffer. I wrote an honest & negative review of SIP in July, but they coerced me to take it down with the promise that they will step in and remedy things. They didn't, which only intensifies my frustration.

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Azhar Chaudhry
United Kingdom | 12 October 2023

*WARNING* I am writing this review to warn others about my deeply unsatisfactory experience with Solomon Investment Partners, formerly known as The Portus Group, in relation to my property purchase at H5, Halton Lea, Runcorn. I purchased this property in good faith in 2021, only to be left deeply disappointed and frustrated due to their mishandling of the transaction. My primary grievance centers around the mismanagement of the contractual agreement and unfulfilled promises made during the transaction. According to Clause 8.1 of my contract, the long stop date for completion was set at 30th June 2022. When this date passed without any resolution, I followed protocol and served my notice to terminate the contract. I expected the return of my deposit as per our contract terms. It's worth noting that my deposit should be returned without any conditions tied to the sale of the unit to a third party, as specified in the contract. Solomon Investment Partners' attempts to sell my unit to another buyer should not delay the return of my deposit. I am yet to receive it. I urge anyone considering doing business with Solomon Investment Partners to exercise extreme caution. My experience has been marred by unmet commitments, mismanagement, and a complete lack of accountability on their part.

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Johnny OZ
United Kingdom | 12 October 2023

I am writing this review to save others from potentially losing their lifes savings... I invested in two offplan properties with Solomon Investment properties (1st was with a company they took over)...The property in Bolton was supposed to be completed in 2020 with a long stop date of Dec-21... I have been unable receive my original investment back despite the long stop date having gone over by over two years...My deposit and the initial registration and validation fees remain in inaccessible despite the Solomon and Empire Property concepts being in breach of every single tenet of the agreed contracts... Please stay away from these companies...What was presented a secure, risk free investment now seems very much like a scam years after monies were collected, there is no property or asset and there is no money paid back which was invested... Solomon collected almost £9k in reservation fees on one property from me and other clients on the same property, they will collect less than half of that... There are clear signs of sophisticated targetting of innocent peoples life savings and work here.... Do yourself a favour...DONT READ THE FAKE REVIEWS!!

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Magdalene Ngum
United Kingdom | 12 October 2023

I am writing 6 months to express my profound disappointment and frustration regarding a recent property transaction with Solomon Investment which has resulted in a considerable financial loss and emotional distress. In 2020, I entered into an agreement with them to purchase a property located at 215 churchside Wolverhampton. As per our agreement, I was required to pay a property deposit of , which was made in good faith to secure my interest in the property. The completion of this transaction held great significance for me and my family as we were excited about our future in this home. However, to my shock and dismay, it has come to my attention that they mybe engaged in fraudulent activities. Despite the property deposit being duly paid, with numerous delay at their end they failed to deliver on their end of the agreement. After months of delays finally the apartments was completed. The developers immediately looked for completion, Solomon Partners had not arrange a suitable mortgage, in fact only gave us the option to purchase outright or takeout a costly bridging loan to meet the developers deadline. The end result is the developers claims we the purchaser is in breach of contract?The promised property has been removed my name, and they have become unresponsive to my attempts to communicate and resolve the matter. This unfortunate experience has not only resulted in significant financial losses but has also caused immense stress and emotional turmoil for me and my family. I have no choice other than to contact the relevant regulators for my plight and I am aware of at least 30 others who are in a similar situation. If you can help me expose my case and assist with useful information that will be much appreciated.

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Faizan Yasin
United Kingdom | 11 October 2023

Frauds! Complete and utter frauds. This company earns and eats at the expense of innocent hard working people who saved up to get onto the property ladder and then blames the developers for all the problems. Andrew Ward is complicit, negligent and a complete unprofessional! I've lost life savings on this illegal fraudulent scheme. If the complain below sounds anything similar to what you're in then message me on 07392842911. A group litigation is starting! (recent good reviews by others are fake) I purchased a unit on Churchside in 2020 and I was sold sunshine and rainbows saying that this is the perfect property investment opportunity. I was told it would be complete hands free journey from finding me the perfect property to getting me a great legal team and a great mortgage option - THEY WOULD DO IT ALL! BUT THEY AND THE DEVELOPER HAVE FRAUDED ME! Let me expose it all here 1. You're forced to use their solicitors because "they've already done the ground works for convayencing" and so they give you 28 days to complete which consists of an AML check and no real advice on what you're signing. Using your own solicitors is something they restricted me from doing back in 2020. The solicitors were very shady and when asked what are the risks associated with this transaction the solicitors said nothing! 2. The property exceeded it's long stop date meaning it was delayed 1.5 years beyond when it was supposed to be delivered. I get all the covid and shipping excuses. But why should this be at the expense of the buyer? If your developer can't deliver on time then don't sell the property it's poor business. When I tried to rescind my contract because of long stop date they sold me a bunch of lies and kept me waiting. 3. The properties can't get a mortgage they're only mostly suitable for cash buyers even though a mortgage is promised by Solomon and once again you're forced into using their own broker. At least I was. And if I used my own then they wouldn't cooperate. Why? Because dicio finance is also owned by by the same people and they makes a ton of commission from giving out expensive loans and broker fees! Properties can't get a valuation on them until they reach practical completion and then you're given only 2 weeks to complete and if you don't then your contract is terminated and your deposit taken. Something that wasn't told to me at any point at the start when they were taking my money. So essentially you're exchanging on a property which doesn't have a formal valuation so you can't technically get a mortgage on it before it's complete and so if the property values down its you who's screwed. For other units they've sold it got a nil valuation so no one can get a mortgage on it and people will lose their deposit. It's likely Solomon will then re-list the properties and sell them to cash buyers and you've lost your deposit. Whilst they've made a completion fee and a developer has made a profit. Which is complete fraud. Churchside completed in October 2022 at the exact time mortgage lenders pulled all the products from the market and NOTHING was done about this and I was going to lose my deposit. I then agreed a deal with Solomon to move my deposit to another unit by the same developer. I had at the time utmost faith in Solomon about this solution I had no other choice. I even then further put down a further reservation fee for the new unit as well! (which they won't refund because they are frauds). I later found out that buyers of churchside were given 6 months to complete and get a mortgage Something I was NOT offered! Complete negligence! They then tried to sell my churchside unit and spent 6 months only for the developer to pull the deal and I've lost my deposit. Something they care little about and something they're doing nothing about. They're not even refunding the reservation fees out of pure morality. Just remember your salaries are paid through these reservation fees. I'm completely distraught that a business in the UK is able to get away with this! There will be consequences.

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Adam Olausson
Sweden | 11 October 2023

I recently embarked on a property purchase journey with Solomon Investment Partners, opting for their comprehensive package that included their recommended solicitor (Lockings solicitor) and mortgage broker (Dicio Finance). While I did encounter some dedicated and helpful members of their client care team, my overall experience has left much to be desired. Here's a breakdown of the issues I've faced: 1. Prolonged Completion Delay (⭐) My property's completion was delayed by a staggering 8 months. 2. Misleading Financing Information (⭐) The property was initially marketed as eligible for 75% Loan-to-Value (LTV) financing. However, upon completion, none of the 5 (FIVE!!) mortgage brokers I reached out to could secure any mortgage, and bridging loans with a lower LTV were also out of reach. Numerous lenders offering bridging loans rejected my applications, all of them citing property-related issues. 3. Slow Mortgage Broker Responsiveness (⭐) The recommended mortgage broker consistently took several days, or even weeks, to respond to my inquiries. This prolonged response time left me scrambling to explore alternative financing options, with insufficient time to meet the completion deadline. 4. Delays in Solicitor Communication (⭐) Collaborating solicitors consistently took several days, and sometimes even a week, to respond to my queries, exacerbating the frustration and extending the overall process. 5. Lack of Responsiveness from Solomon (⭐) There have been instances where members of the Solomon Investment Partners team failed to respond to my requests for crucial information necessary to proceed with the mortgage application. 6. Deposit in Peril (⭐) These persistent delays have placed me in a precarious situation, jeopardizing the entire deposit. I have diligently fulfilled all my obligations throughout this ordeal. 7. Unsubstantiated BMV Claim (⭐) The property was marketed as being 10% Below Market Value (BMV). However, Solomon Investment Partners cannot provide any evidence or contact information for the valuer responsible for this assessment. Consequently, many valuers have rejected loans due to a lack of comparable properties sold at a similar price point. In conclusion, this experience has consumed an enormous amount of my time and energy. It falls woefully short of the "hands-off investment" promise that Solomon Investment Partners touted. I hope sharing my feedback on this platform will help others make informed decisions when considering their services. While I generally consider myself a content and satisfied individual, it's only fair to acknowledge that an investment resulting in a complete loss has become my most disheartening experience when dealing with a company.

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Henry Griffiths
United Kingdom | 10 October 2023

A massive thankyou to the whole team. Incredibly helpful and hard working. Very pleased i have now completed!

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BF
United Kingdom | 10 October 2023

We invested in a property in Cheshire via Solomon IP back in 2021 and we've had no real communication to keep us up to date about the development, until we put a review here. Then we were contacted and given empty information because again we have not been updated, unless we keep calling under a private number. When we try calling the client centre contact no one picks up the phone. The director is always out of reach, out of office or on holiday we are informed . Don't know what to do anymore, we invested for us which is a large amount and feel like we've been treated like no one cares and it sometimes feel like a scam. Please be warned because we don't want anyone else to go through what we are going through, very, very stressful.

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Jonathan Ellis
United Kingdom | 08 October 2023

I recently completed the purchase of my buy-to-let investment property with Solomon and I am thoroughly impressed with their service. The process was smooth, and their expertise in dealing with Empire was evident. Thank you for making my investment journey hassle-free. I couldn't be more happier with the results!

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colin simons
United Kingdom | 08 October 2023

a product was sold as a one stop shop Buy to let all in house ,we do it all for you , well ive paid 90K out and waited nearly 4 years recived nothing and not made a penny and infact looks like i will loose everything through no fault of my own , I trusted this company to deliver the product they sold , and they sold the dream , yet ive come across 18 other investors all in the same boat as me its not a dream but a nightmare.

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