Saturday, May 5, 2007


First time buyers benefiting from buy to let exodus

First time buyers have been snapping up properties from landlords who have sold property in the last two years according to research from Alliance & Leicester Mortgages...

Posted by converted lurker @ 01:22 PM (654 views)
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2 thoughts on “Hope?

  • It makes perfect sense. You buy a house, 3-5 years later it’s price is ridiculously overvalued so you sell it to some clueless first time buyer. Then use the proceeds to fleece the next mug in some other area of investment, of which there are plenty.

    “Take what you can, give nothing back” – Captain Jack Sparrow

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  • March 2006 is ardly breaking news

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