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 (519 views)
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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

Monday, December 18, 2006 01:06PM Report Comment
 

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