Archive for the ‘Buy-to-let’ Category

Buy-to-let trouble ahead?

Friday, February 8th, 2008

The press are predicting a rising tide of people encountering problems with properties bought as buy-to-let investments. There have been reports suggesting that many people who have bought off-plan have been given over-zealous rental figures when initially purchasing the properties and have paid over the market value for such investments.

Subsequently, people are left with properties which are either costing them money each month as the rent doesn’t cover their mortgage payments, or worse, the property stands empty as it competes for a tenant against lots of other properties bought for similar purposes.

The result is that a large number of properties are being sold at figures less than they were bought for by investors desparate to get rid of the investment. At RPS, we aim to try and help people in this situation by offering them a chance to sell their investment very quickly with a number of options available to them to relieve the stress and expense that such situations create.

If you would like more information about our services, please contact us on info@regal-property-services.com or on 08000 688 334 where we aim to help wherever we can.