Tuesday, May 16, 2006
Swansea to be one of the top 3 buy to let hotspots
Firstrung: You lied Edward, there is a Swansea" - presumably the new road takes you there
Ho Hum...Another day, another survey, this came the way of UCB who specialise in buy to let mortgages. Their intelligence (no sniggering at the back of the class) suggests that Swansea is to be the next big thing in the world of the buy to let investor. Well it has a beach and a university..what more do you need?
"Swansea will soon be one of Britain's "top three" buy-to-let hot spots outside London. That is the view of UCB home loans, the specialist buy-to-let arm of Nationwide. UCB said yesterday it anticipated a large number of the 2,000 new homes with sea or riverside views being built in Swansea's fast developing SA1 development would be used as buy-to-let properties."
Posted by Converted Lurker @ 08:42 AM (257 views) Add Comment
1 Comment
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1. denzil said...
This kind of thing is a self-fulfilling prophecy because idiots will listen to other idiots that they regard as being authoritative regardless of whether they are idiots. The idiots then blindly buy in and then the authoritive idiot will say "look I told you Swansea was the place to be".
I'm surprised they didn't add that within a year prices will boom even more as Swansea FC enter the premiership.