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Business & Economics

Ipswich buyers lose thousands on unfinished JaeVee flats

BBC
Summary
Nutrition label

77% Informative

People paid up to 5,000 as a "reservation deposit" for apartments in Tollesbury House , Ipswich .

Some were told it was expected to be finished in November 2022 .

Janeane Slinn and Catherine Bullough say they feel "lied to" and "angry" after losing thousands .

JaeVee group, the developer, denies any misconduct and says buyers did not comply with contractual deadlines.

The JaeVee -linked group uses private investment to help fund the purchase of sites for development.

It advertises returns to investors of up to 100% when those properties are developed and then sold.

The BBC has spoken to an investor who invested more than 84,000 combined in two projects.

The investor said communication with the group has been sporadic but they are still waiting to see results.

VR Score

78

Informative language

74

Neutral language

75

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links

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