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Inside Track Seminars Press Release

Property seminar company Inside Track has today been placed under administration. 

Despite significant measures involving a number of redundancies and major cutbacks, it has become clear that the impact of the credit crunch on the current market means that Inside Track Seminars no longer has a sustainable proposition.

Managing Director Tony McKay said: ‘The action with respect to Inside Track seminars is regrettable but necessary.  The company has seen a fall in the number of people who want to invest in the property market for the first time and that is understandable in the current climate.” 

Instant Access Properties, AfterCare Solutions, Pay As You Grow and Fuel Investments are unaffected by the recent changes associated with Inside Track.  All services offered by these companies will continue as normal.  Indeed, following the raising of significant additional capital they anticipate being able to continue to expand and develop these businesses within the context of current market conditions.

Tony McKay added “Our IAP members have purchased over £2.3 billion of property across the globe, and we look forward to driving the profitable expansion of Instant Access Properties and Fuel Investments with a series of initiatives specifically geared to current market conditions. Our advice to members remains the same; they should view their investments as medium to long term and hold units on a portfolio basis across various UK and international markets.’

Instant Access Properties has in excess of 10,000 clients and is based in Kingston upon Thames, Surrey.
Jeremy French and Glyn Mummery of Vantis Plc have been appointed Joint Administrators. 

Inside Track enquiries: 

Amanda Peck: 01708 458211 amanda.peck@vantisplc.com
Julie Gearing:  01708 458 211 julie.gearing@vantisplc.com

All media enquiries: 

Lucy Heather  -  MCA Public Relations
Tel:  0207 408 2350  Email: lucy@maxclifford.com


 

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