Friday, October 10, 2008
How about a bit of house price news for a change?
'Owners of buy-to-let properties are among the worst hit by falls in housing prices. Researchers compiling a top 10 list of places suffering the largest price drops discovered it was dominated by regeneration sites in Northern city centres, which have proved popular with buy-to-let investors. Many buyers of such properties, often in new developments on old brownfield or industrial sites alongside canals or rivers, have since seen their investments lose thousands in value.'