Investors in Kevin McCloud’s projects told they face huge losses
Many feel they have been fobbed off by Grand Designs presenter’s promised returns
Small investors who sank millions of pounds into the TV property guru Kevin McCloud’s eco-friendly housing ventures have been told they could face losing up to 97% of their money.
For 20 years the star of Channel 4’s Grand Designs has lectured the nation about how to create their dream home – but his own property empire has turned into a nightmare. Between 2013 and 2017, McCloud wooed investors with a string of fundraising schemes that promised returns of up to 9% a year from his Happiness Architecture Beauty (HAB) homes businesses.