Tuesday, Jan 15, 2008
Great time to buy, because "the flow of human traffic into the UK will only increase"
LandlordExpert: “Now’s time to jump in - it’s a buyer’s market”
Interesting wording by BTL advisers
Posted by confused76 @ 06:59 PM (857 views) Add Comment
10 Comments
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1. hpwatcher said...
He is playing on fears of immigration; actually, I would call it blackmail.
Bast*rd.
2. Icarus said...
The usual VI arguments. Notice he referred to 'last year's credit crunch'. You may remenber it - the one that ended a couple of weeks ago to the strains of Auld Lang Syne.
3. quiet guy said...
"Incito specialises in maximum gearing –property jargon for making maximum profit on the minimum outlay, by leveraging the mortgage and the discount we negotiate."
"Our experts source the properties, and our clients put their money in."
So ... the house market has been doing well for years - right! Just give Incito your money and they'll make you rich!
Thanks for a good laugh C76.
4. jack c said...
"But why invest in property at all, we ask? What about stocks and shares? “There are three extremely good reasons,” says Nick. “Firstly, building a property portfolio is by far the safest form of investment over the medium to long-term, because the fundamental market factors of supply and demand are always going to drive values up over the long term if you buy in the right area. The housing market is far less volatile than the stock market with little risk of losing all your money as long as you do your due diligence and budget properly.”
If residential property "investment" as they refer to it were regulated by the FSA in the same manner as authorised financial advisers providing advice on unit trusts, investment bonds, pensions etc... they would NEVER get away with statements such as this.
How about these guy's include the following - Property can seriously damage your wealth - Property is a highly illiquid "asset" and prices can go down as well up - you may receive less back than your original "investment"
5. Landedgentry said...
I better buy now before a latvian builder beats me to it and prices me out HAHAHAHAHAHAHAHA
6. Davros said...
There's a good time to buy and a bad time to buy, as with all things. 10 years ago was a good time to buy, now is not. Anyone who thinks otherwise is a moron and deserves to lose their money.
By the way, does anyone have proof of this lack of supply that property bulls are always banging on about? There's certainly no lack of houses for sale where I live.
7. This comment has been removed as it was found to be in breach of our Blog Policies.
8. Jackas said...
“It’s a real buyer’s market right now,” Nick explains, “as a result of the media “bad news” perception around property, short term volatility and last year’s credit crunch
LAST YEARS CREDIT CRUNCH. ITS OVER. ITS LAST YEARS NEWS. EVERYONE RELAX. BELIEVE THIS MAN. HE IS IN NO WAY BIASED.
W*nker.
9. japanese uncle said...
The small letters should include:
Misjudgment in property investment especially buy-to-let enterprise, may end up in a state of homelessness of the investor himself/herself, in which case you may be forced to stand in a queue for soup kitchen. But unlike cash savings and some forms of investment, there is no compensation scheme whatsoever, unfortunately. No hard feeling.
10. hpwatcher said...
Lack of supply is a myth. Always has been, always will be. There are loads, BUT there is a lack of supply of *affordable* housing.
Most people selling are either being extremely greedy or extremely optimistic.