UK Landlord Forum / Life

QuoteLondon auctioneer Allsop's prediction that 40% of properties under the hammer next year will be repossessions means there will be some attractive opportunities for brave long-term buy-to-let investors.

It is also worth noting that figures from Essential Information Group, which monitors all UK auctions, shows that the number of lots left unsold has risen from 24% this time last year to 40%, indicating that in an uncertain market, buyers are reluctant to take a chance.

But that also indicates that there could be some real bargains around for the careful investor who knows the market.

I still need to go to an auction. I think i'd enjoy being a bystander.

I'd probably land myself in some horrific debt that would plague my descendents for centuries to come, by accidentally coughing at the wrong moment.



V

That's why we need rich men to take care of us

Quote from: propertyfag on November 16, 2007, 07:16:39 PM
That's why we need rich men to take care of us

This is why i think there is a dude and a dudess pfag

I will look after all off you hows that

 

Think you know something I don't, Badger

Auctions are always fun - the people taking part always look like they are people doing race-horse betting :-) !!!

cheers

simhar

Web: Properite Landlord Software - http://www.properite.co.uk