Wednesday, Jan 30, 2008
Breaking News: Emergency BTL industry meeting called this weekend near Heathrow
PressNewswire: UK Buy-To-Let Summit - Emergency Meeting Called Buy-to-Let Property Experts Gather in London to Assess the Impact of the UK Property Market Downturn
"An emergency meeting has been called for UK buy-to-let property experts, entrepreneurs and investors. The conference takes place at an hotel near Heathrow London on the 15th & 16th March 2008. The UK Buy-to-Let Summit organised by eConfex Ltd consists of a 2-day weekend event which will look at solutions & opportunities for the new reality of buy-to-let investment in the light of the UK property market downturn & possible recession" I am planning to storm the venue with laughing gas, attendands will need it
Posted by confused76 @ 09:36 AM (1244 views) Add Comment
16 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. confused76 said...
Find the bleak brochure at
http://www.buy2letsummit.co.uk/
"For the first time we are witnessing Buy-To-Let Repossessions & Broken Dreams because of over-hyped selling & easy credit ....CRUNCH!!!
Higher interest rates, smaller profit margins, less-than-predicted rentals are ‘squeezing’ investors who are often being forced to subsidise their Buy-to-Let investment.
STAND-BY-TO-BUY-TO-LET
SAY BYE-BYE TO BUY-TO-LET-TO-LEAVE-UNLET
Ease the Bumpy Ride by Learning from Experts
Including How to Make non-Performing Buy-to-Lets Financially Stack Up
Discover the Secrets of No-Money-Down Deals &
New Models & Automated Ways to Buy Property at Below Market Value (BMV)
Revealed the New Opportunities of a Falling Property Market
and Much Much More.. But Most Importantly
How to Bypass Hype, B.S. & Economic Uncertainty & Find Out
How the Top UK Experts Remain Untouched by The Downturn?
AND REALLY LEARN HOW TO
Create Multiple Income Streams & Build A Pension Fund - NOT"
This is (de)mental!!!! MWAU HAHAH AHHAHAH HAHAH AHAH AHAHAHHAHH
2. little professor said...
http://www.buy2letsummit.co.uk/
Looks well dodgy. I'd go for the laughs but I'm not paying £397+VAT
3. crash bandicoot said...
Why does it take 2 days to say "You are screwed"? Most of them won't believe it at the end anyway because they are in it for the long term!
4. Davros said...
Just try and stop me!
5. bystander said...
Property millionaire partners Steve Bolton & Nick Carlile of Platinum Property Partners will look at how multiple tenants can boost flagging investments. Their mentoring franchise is the fastest growing UK franchise.
...........Are these two just jumping on the immigration bandwagon - pile em high landlord ethics. We are quickly returning to a world of victorian slums with seventeen family members to a two up two down, taking sleep in shifts etc. What joy. I look forward to reading about the family of eight renting a one bed in Liverpool.
6. Brit1234 said...
Just added a few comments on all the companies youtube videos about buy to let portfolio collapses due to negative equity. :)
7. jack c said...
2 day weekend conference the content of which can be summed up in a dozen or so words - "look lads unfortunately the numbers on Buy to Let no longer add up". Time to find another get rich quick scheme.
8. hpwatcher said...
No doubt the fools who choose to attend will be told of the amazing opportunity to now invest.......
9. i-cld-murder-a-blt said...
Great news keep it coming.
10. drewster said...
@Little Professor,
You're quite right, it's just a trick to rip off investors into paying £400 for a stupid "summit". If they get anything over a hundred attendees, they're laughing all the way to the bank!
If anyone out there is still interested, take a look at the Homebuyer show (7-9 March at ExCel) or the Property Investor Show (11-13 April at the NEC). Entry to both shows is free - I might just go along for a laugh! There are seminars which must be pre-booked, prices range from £5 in Birmingham to £7 in London. So don't waste £400 on a "buy-to-let summit", save £395 and go to one of these. Of course by that time it might be too late. Full details at: www.propertyinvestor.co.uk/birmingham and www.homebuyer.co.uk
11. mark said...
and at the end of the 2 days most people will have signed up to a new buy to let scheme called "screwmeiamstupid" which allows them to borrow 150% of the value and then borrow against it to buy more from the developer...
12. Is It Me? said...
Best way to miminise your BTL losses is to find someone soft enough to buy them off you.
Anyone who will PAY to go to a 2 day meeting at heathrow can be defined as 'soft enough'
13. yorkshireman said...
Keep away. Best not to intrude on on private grief.
14. Stevie Dee said...
Guys... just on something interesting I'm noticing where I am, there has been a rush for rented property where I am. And the average profile of the applicant is a well spoken/middle class/male or female. Been going bezerk in January according to my landlady. She's never experienced this before, her dad did many years ago (1989?).
Fortunately for her & her father, they bought the properties years ago (+7). Apologies for hijacking this, but can I get some thoughts on this information.
15. David Smith's Sub Prime. . . said...
Is Krusty and the Fool going to be there?
16. symo said...
Obviously at Heathrow so they can just abandon the keys and get on a plane.