February 17, 2009
Lower rates means investment opportunities
Story link: Lower rates means investment opportunities
Property experts are of course happy with the recent cut in interest rates, and many suggest that the latest interest rate has allowed investment properties to become a lot more accessible for many people looking to invest, especially in the rental market.
Only time will tell if the interest rates have had a positive affect.
Lower rates means investment opportunities
The Bank of England’s Monetary Policy Committee’s decision to cut interest rates by 0.5 percentage points to 1 percent presents an opportunity for investors says one property company.
Property experts broadly welcomed the recent cut but still maintain other measures are still needed to stimulate the market.
Investment properties hit the auction houses
Story link: Investment properties hit the auction houses
It is definitely something I hate to see, when somebody has tried to better their life by investing their hard earned cash, only to fail and end up auctioning their property off for a lot less than they paid for it in the first place.
A lot of the time though, this is down to the landlord not doing the proper due diligence on the property, or even purchasing a property that is not cash flow positive.
Investment properties hit the auction houses
Buy-to-Let residential landlords looking for investments will be studying the opportunities on offer at Blundells’ first auction of 2009 in Sheffield.
Sixteen lots will be going under the hammer at Sheffield Park Hotel, Chesterfield Road South, on Tuesday, 17 February. Price guides range between £20,000 and £165,000.