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Found 1 result

  1. Keeping an eye on auctions in my area, one of the local houses has put around 140 listings in Liverpool alone up today, many of which are currently tenanted HMOs. The next auction is on 11th Feb. A taste of things to come perhaps, and there are other auctions next month too from different firms, one of which was offering incentives to landlords to sell up. http://www.rightmove.co.uk/property-for-sale/find.html?searchType=SALE&locationIdentifier=BRANCH^72919&previousSearchLocation=Sutton+Kersh+Auction%2C+Liverpool+-+Auction&useLocationIdentifier=false&savedSearchId=&displayPropertyType=&minBedrooms=&maxBedrooms=&minPrice=&maxPrice=&maxDaysSinceAdded=1&_includeSSTC=on&primaryDisplayPropertyType=&secondaryDisplayPropertyType=&oldDisplayPropertyType=&oldPrimaryDisplayPropertyType=&newHome=&auction=false&retirement=&partBuyPartRent=&businessForSale=&sortByPriceDescending=&sortType=&viewType=&numberOfPropertiesPerPage=50#prop39261291 Some of these properties are exactly the sort of thing I'd consider picking up and reverting back to a family home, for the right price. I sure as hell would not be doing any landlord's dirty work by taking on a currently tenanted house though. I really fail to see where the attraction for a potential leveraged BTLer is in these properties, at these prices. We'll see what happens, but it is 'game on' imo. Leveraged types hoping for a judicial review etc are just wasting time imo.
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