Students warned as lettings firm folds

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Friday, April 20, 2012
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Canterbury Times

STUDENTS have been warned to stop their rental payments after one of the largest property companies in Canterbury went into voluntary liquidation.

Joseph Newman Letting and Estate Agents in St Dunstan's Street has been forced to put its own premises up for sale, after the business shut up shop last month, but little has been heard from boss Joseph Newman since.

  1. CEASED TRADING: Joseph Newman Letting Agents closed last month  GIAC20120413D-003_C

    CEASED TRADING: Joseph Newman Letting Agents closed last month GIAC20120413D-003_C

  2. GONE: Director Joseph Newman is believed to have moved out of his Harbledown home six months ago  GIAC20120413D-006_C

    GONE: Director Joseph Newman is believed to have moved out of his Harbledown home six months ago GIAC20120413D-006_C

  3. up for sale:  The  notice on the office's door in St Dunstan's Street

    up for sale: The notice on the office's door in St Dunstan's Street

The closure prompted the University of Kent to issue an urgent warning to students, urging them to stop paying deposits into the company's coffers.

The statement said: "Be aware that we believe the above agent has ceased trading. Do not make any further rental payments to Joseph Newman.

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"If you pay by direct debit or standing order with your bank, please cancel these immediately.

"We advise you to seek clarification on the status of any refundable monies paid up front on signing your tenancy agreement ie deposits."

The Canterbury Times was unable to contact Mr Newman, who is believed to have moved out of his home in Summer Court, Harbledown, six months ago.

A notice on the door of the office explains the director has instructed the insolvency firm, Fisher Partners, to put the company into creditors' voluntary liquidation.

A creditors' meeting was due to take place at Fisher Partners' offices in London yesterday (Wednesday), to discuss the company's affairs.

Joseph Newman offered property to buy and let, as well as student lettings, across Canterbury, Herne Bay, Whitstable and Faversham.

Have you been affected by the liquidation of the company? call 01843 578167 or e-mail newsdesk. times@KRNmedia.co.uk

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