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Author Topic: Wellesley & co Ltd anyone invested in them ?  (Read 1247 times)

Offline mattyw

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Wellesley & co Ltd anyone invested in them ?
« on: September 30, 2014, 06:00:21 pm »
Hi all just wondered if anyone has used the above company ? I've seen them advertising on the tv & web. There savings bonds give between 6 & 7.5% and pay out six monthly which is far greater than the banks rates. Now I have done a bit of research but not something I'm too well educated on so any help would be great
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Offline bacillus

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Re: Wellesley & co Ltd anyone invested in them ?
« Reply #1 on: September 30, 2014, 10:19:41 pm »
Be aware that your money isn't guaranteed safe. They lend to business and in the unlikely event of  things go sour and firms fold then you can potentially lose your money.
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Offline mattyw

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Re: Wellesley & co Ltd anyone invested in them ?
« Reply #2 on: September 30, 2014, 10:50:32 pm »
From what I've read they only lend money against property that can be sold if they default on payment
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