Martin Roberts loses money as firm collapses with £3 million debts

Homes Under The Hammer’s Martin Roberts owned shares in Asset Academy, an online firm which billed itself as a solution for wannabe property investors looking for coaching.

However, it has emerged the company has been forced into administration with unpaid debts of £3million with some investors alleging they paid in money without getting anything back.

Martin, who had participated in live webinars for the firm instructing newbie investors in the workings of the property market, includes himself in those who have been left out of pocket.

In one Facebook post, he had advertised: “My team at Asset Academy are hosting a series of webinars to help you secure your financial freedom, no matter what the future holds.”

The BBC star urged fans to sign up to learn how to “raise capital, understand taxes, mortgages, deposits and cash flow” and how to “structure your property portfolio for long-term success”.

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He also suggested the webinar would explain how to “get estate agents on your side and spot the best property priced below market value”.

Finally, the star promised the instructions would show how to “secure your future in an uncertain world” although sadly, that’s clearly something the company has been unable to do itself.

The paid programme offered weekly calls with experienced property investors, which may have included Martin himself, and regular Zoom meetings.

However, since the company folded, paying members have taken to the internet complaining they received nothing after forking out cash.

Before the administrators were called in, Trustpilot was flooded with comments, with one stating: “After I had booked in and paid for a course, they cancelled and moved it to a date that I couldn’t do, so I asked for the money back guarantee and have been chasing them for five weeks with no reply.”

Another lamented: “I registered to attend training on the 22nd February 2023, paying the booking fee. It is now over one month later and I have still not been provided with details.”

However, a spokesperson for Martin insists he was only ever a “minority shareholder” and is owed money by the firm himself.

According to the Mirror, the spokesperson explained: “He had no involvement in the financial operation of the company. He stopped his association several months ago. Martin himself is currently owed a considerable amount of money.”

He had been expecting cash as a brand ambassador and auction trainer.

In one online video that he produced for YouTube, he told potential investors: “The great thing about property investing is, with the right training and the right guidance, anyone can do it.

“You don’t need to be some prima ballerina, you don’t need to be some God-given talent.

“Anybody from any walk of life, I believe, with the right training and right support, can become a successful property investor.”