Buy-to-let
Spokesman Ray Boulger said that with market slowing down there was no need to do things with haste, which meant in turn that would-be investors could take their time and undertake extensive research on the properties they were looking to buy.
He stated: “I’d make sure I understood what the market was doing in the area I was looking to buy, so when I saw a bargain I’d recognise it.”
Mr Boulger also said the state of the buy-to-let market is linked to the ‘state of the housing market generally’.
Further evidence that this is slowing down emerged today when the National Association of Estate Agents statistics for the number of buyers per estate agent showed the number of aspirant buyers per estate agent to be 326, up from 314 in July but well down on the August 2006 figure of 388, Citywire reported.
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