Since the BBC Heir Hunters show began there have been many rogue traders setting up business, usually from home with no professional standing whatsoever. You should avoid becoming involved with any such companies as they probably do not have the ability, funds or knowledge to complete searches they undertake successfully.
Some claim to ‘undercut’ any percentage fee contracts, others claim to be running an ‘association’ on behalf of heir-hunters, but none of these have any quality control, professional standards or qualifications and could leave potential beneficiaries embroiled in years of delay and legal issues, costing far more than they may believe they are ‘saving’ by using such rogue companies. They may charge hidden costs or extras that the true professional would not and their research may leave estates vulnerable to legal claims and court proceedings if they do not complete research to the required standard.
