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tara747

Flipper Getting The Jitters!

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Let me get this straight. He agreed to buy a flat off a builder/developer without agreeing the purchase price at the time?

Doesn't say that no price has been agreed. Price must have been agreed as he has signed contracts.

Makes good reading. Just shows how naive some of these BTL people can be. Its the flippers that will certainly catch a cold.

The BTL market is not a get rich quick industry. Its a risky business so people should know their facts by doing plenty of research firstly.

This person is going to get a nasty shock whether he keeps it or sells it.

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Won't there be lots of immigrants just off the Eurostar beating a path to his door?

The Eurostar doesn't go as far as Ireland, sadly!

With the downturn in the construction sector, a lot of immigrants will be on their way home in the near future.

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This person is going to get a nasty shock whether he keeps it or sells it.

He was for a quick buck and with his attitude to money will hardly have a "nasty shock" over losing 12K or even walking out even. I expect there to be people having bought 10-20 flats in the same development. They will hardly be so lucky.

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