This is the second of a series of 10 audio podcasts with tips on how to invest in property during the current downturn.
Music courtesy of my friend Gordon Giltrap
"On Camber Sands" from his album Troubadour. Visit Gordon's web site here.
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In response to a number of requests for guidance on prices to offer for repossessed properties in our newsletter I decided to create a helpful calculator.Whenever I look at a project for a client who needs finance I work the project backwards from the Gross Development Value and then come up with a maximum figure that can be paid for the site or the building to be refurbished. This is essential in today's climate. You need to know the maximum price you can afford before entering into a ... Read Full Story
This is the first of a series of 10 audio podcasts with tips on how to invest in property during the current downturn.
Music courtesy of my friend Gordon Giltrap
"A Dublin Day" from his album Troubadour. Visit Gordon's web site here.
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And Find Repossessed Property Bargains
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We have for private sale two 1 acre house plots on the Isle of Skye with wonderful views across the sea to the islands of Harris and Lewis. The seller is willing to negotiate larger plots if a buyer so wishes.Both plots have access to the shore. The site has a historical connection to Bonnie Prince Charlie, ruins of a 5th. century monastery and an ancient Dun or mound.To get full details you will need to join our "Early Bird" Repossessed Property Sales Newsletter. Details of the... Read Full Story
We've just been given to sell, a double fronted Victorian house in North Wales. The house is a shell with planning permission to convert to two three storey semis.Offers around £85,000To get full details you will need to subscribe to our "Early Bird" Repossessed Property Newsletter. Just fill in the form below.
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If you think the current situation, with property prices falling and a chronic shortage of residential and commercial finance, is permanent then you'll probably disagree with the point of the headline.But if you believe the current state of affairs is temporary, whether it lasts for six months, a year, two years or whatever, then you will probably agree that a boom is surely around the corner.The adage "the profit is in the buying and not the selling" is truer now th... Read Full Story
If you think the current situation, with property prices falling and a chronic shortage of residential and commercial finance, is permanent then you'll probably disagree with the point of the headline.But if you believe the current state of affairs is temporary, whether it lasts for six months, a year, two years or whatever, then you will probably agree that a boom is surely around the corner.The adage "the profit is in the buying and not the selling" is truer now than it'... Read Full Story
I suspect that most of you were brought up, like me, to believe that failure in a job leads to the sack. That still holds true for most of us, but not if you are a director of a UK bank. Just look at the 2007 salary and bonus packages of the HBOS board.The price of failure to Andy Hornsby? £2million in Lloyds TSB shares and a job in the merged bank.You can get the full details by following the link to Business Week's analysis of each directors income for 2007.Andy Hornby CEO £1,643,000 ... Read Full Story
In the wake of the Lloyds TSB takeover of HBOS (does anyone really believe that it's a merger?) there has been an outbreak of "agreement" up here in the Scottish Parliament. First Minister Alex Salmond called short selling, which he blamed for the demise of HBOS, economic vandalism. Scottish Liberal Democrat leader Tavish Scott welcomed the suspension of short selling saying "Rich kids in bright shirts in London, New York and Tokyo are making money at our expence, Scotl... Read Full Story
I've just secured an agreement to obtain supplies of probate and other off market bargain properties.The only way to get details of these and our regular repossessions is to subscribe to our free Early Bird newsletter.
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