Does anybody know is happening at Blue Forces. Have not been able to make contact with them in over 3 weeks now !!

I got a letter from them this morning saying they had gone bust. I suspected this was the case last week so have made contact with a local letting agent and asked them to takeover the management of the property. Suggest you do the same pretty quick.

I'd suggest getting in touch with your tenants and changing the destination for the rent to wither your account or a new management company. Worth phoning your mortgage company and getting them to check that no payments are outstanding and changing the payments to come from your account so that you don't get repossessed.

Not sure where I stand legally if I'm honest but I've given them a week to get in touch and they haven't so as far as I'm concerned BF can ram it. Not prepared to take the risk while they sort themselves out.

I've had a similar letter today, although I'm less certain of what to do. My Blue Forces Property Management Account should have a considerable amount of my money in it (into thousands), so I can't just say ram it to BF. Has anyone already sought legal advice regarding this situation?

Update 12 0900Z FEB11
IF YOU ARE NEW TO THIS THREAD (PARTICULARLY IF YOU ARE A BF CLIENT) PLEASE READ HERE:

IMMEDIATE ACTION DRILLS. If you had a property managed by Blue Forces and you've only just found out about them going into liquidation, then there's some things you need to do ASAP. First and foremost, arrange for your mortgage to be paid from your normal personal bank account. To save time on getting a feel for what's happening and what to do next go to www.blueonblueforces.co.uk - read everything there and send an email to them so you receive updates directly.

THIS THREAD. Once you've done the above then do read through this thread as there are some nuggets of advice that may be relevant to you. If you do want to make posts on this thread, or contact the various companies involved, please bear the following in mind:

1. This is a public forum that anyone can read. Please avoid discussing any specific legal action that us BF clients could/will take with regards getting as much of our money back as possible. Use PMs or add yourself to the email list at blueonblueforces.co.uk (I've confirmed this is run by legit people via DII emails), until a private forum is made available.

2. No matter how angry you are, please do not leave threatening comments on this thread and do not abuse the staff at any companies you call in relation to the Blue Forces liquidation. Be polite as business like. We would not want aggressive or inappropriate behavior preventing us from doing business that will help get us out of the mess BF have left us in.

I have just received the same. They have a couple of thousand of my money but I am more concerned of where is my rent now going.

The letter does say that Lynden Property Nationwide Limited will be in contact within 24 hours however the letter is dated 12th November 2010.

I spoke to Paul Smith not so long ago and he assured me all was ok. We have filled out our own tax return but all of those that were waiting for BlueForces to do it I would now be concerned.

This was a MOD approved company as well. Sums up the MOD really.

We've just got the letter as well. Do we need to set up a BF group on FB? Anyone know any decent insolvency lawyers who can give some advice?

I have no idea where to start. Thank god I was paying my mortgage myself and then getting funds off them every so often to pay extra.

Just wondering where my money is going now as I have tenants in on a year contract.

I somehow think that we will never see any of the money they were holding again.

We've just re-routed everything to ourselves now, as could not afford to wait to miss a few mortgage payments. Contacted the bank, we're up to date there, life insurance company is fine.

Contacted the local letting agent, and they are not paying anything to BF now, sadly not quick enough for this month's rent, so we've probably lost that. BF didn't even let them know of their liquidation, they've only found out through anxious phone calls such as ours. Annoying thing is had some detailed comms with BF earlier this week, with no indication of any trouble.

Not sure what's happened to all the extra money held by BF on our behalf though. Rough and dirty calcs indicated it's quite a lot.

So, now the IA drills have been completed by my sharp eyed Mrs Spanner whilst I was in the death throes of yet another fri pm meeting, am downing a G&T.

yes same here the twats have taken our money even after all the promises of them saying they are sorting it all out the last few weeks............ Even their website has been taken down now!

I spoke to the insolvency company they have reported to and they tell me it is doubtful that there is any money to give anyone! On top of that they told me it was my reponsibility to sort out my mortgage now. I had spoken to the sub letting agent who guess what had no idea they had gone bust.

Nice one MOD encouraging us all to use Blueforces..............

So I guess were all thousands down...............

who is the insolvency company ?

They are B & C Associates - 020 8906 7730

You wont get any joy though they were not overlly interested and told me there was little hope of getting any of the thousands Bluedicks have of mine............ :( The MOD is keeping quiet eh! Maybe another story for the sun!