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Fears millions of pounds could be lost after property scheme collapses Sales agent claims most people will get their deposit back Updated Hundreds of people have invested millions of pounds in a property scheme which has collapsed. Developers planned to build 377 apartments at Bevington Bush in the Vauxhall area of the city. But earlier this month the ECHO revealed that the scheme had not been built and that development company The Tannery Liverpool Ltd had entered into receivership. The ECHO can now reveal that according to Land Registry records, there are 186 unilateral notices on the site ( UN1s.) Each UN1 represents an investor who has put down a deposit on the Tannery. Prices at the Tannery ranged from an entry level at £85,000 through to £182,000. The ECHO has seen emails suggesting average deposits were at around 30% of the sale price.

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