Thursday, January 3, 2008
BTL could seriously damage your wealth
Buy-to-let investors should be wary of new-build developments
The values of new-build properties, in particular one and two-bedroom apartments, are likely to continue to fall in 2008 and buy-to-let investors must be careful not to pay too much – even if the seller is offering a big discount.
Posted by jack c @ 02:52 PM (575 views)
2 thoughts on “BTL could seriously damage your wealth”
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jack c says:
London letting agent ludlowthompson.com wouldn’t happen to have a batch of non new build/off-plan properties they are looking to offload by any chance?
enuii says:
The small fry speculators that build them are starting to go bust;
http://www.thisischeshire.co.uk/news/warringtonnews/display.var.1939162.0.newhomes_firm_briden_goes_bust.php
This one at least built steel framed & concrete floored apartments rather than the cheap wooden framed sh1t that the bigger boys build.