Monday, Dec 18, 2006
Buy to let or buy to keep empty?
Firstrung: Inside housing reveal the scandal of empty new build property
Hats off to Inside Housing for publishing this information to a wider audience and confirming the suspicion some market commentators have held for some time - buy to let investors are in it for capital growth only and are largely ignorant of investment yield.
Posted by converted lurker @ 11:01 AM (159 views) Add Comment
1 Comment
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1. monty said...
Madness! It sounds like there's a real disconnect here. Surely these come under EDMO legislation (Empty Dwelling Management Order) which allows the local council to use the dwelling for up to seven years.
http://www.communities.gov.uk/index.asp?id=1501599