Sunday, December 9, 2007

BTL next for the run?

Run on property funds as buildings fail to sell

Uncertainty over pricing in the market and expectations that valuers will knock a further 8 to 10 per cent from valuations in the current quarter have left commercial property buyers reluctant to enter the market. A spokesperson for the FSA said: "We are monitoring the situation with property funds and their redemption policies closely." Thats a big help then.

Posted by cheeky charlie @ 11:05 AM (565 views)
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