Now whilst a lot of property investors steer away from new property developments because of the problems that developed with off-plan properties a few years back; I still feel that it is always good to keep an eye on this area of the property market.
It is rare that I ever go over the £1m benchmark on individual property investments, but the arrival of the 5% stamp duty fee has really got me thinking about what I am going to do in the future should I ever want to go down this road.
Considering that the government is meant to be all about cutting the social housing list, they are making a poor job of it.
I think you’ll agree with me when I say that it is not fun to be in off-plan at the moment. I was reading the case of Steven Dowd in the papers the other day, and he is just one of hundreds of homeowners who have been hit by off-plan investment complications.
I can’t describe how refreshing it was to watch a property television show that accurately portrayed all aspects of the property market. After reading negative story after negative story in the press, ‘Property Watch’ managed to introduce a balance where all sides got equal coverage.
I thought I would look into the different types of investment property you can buy. Each week I will post more about the different types and the best way to make returns on your investment. This week I will cover investing in property off plan from a property developer. You can find a lot of [...]
BBC Property News Property Investment Advice 