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News & Updates
A knife-twisting report by Joey Gardiner from the Times will put further pressure on the buy-to-let / new build market as it exposed the desperation with which developers are trying to offload their portfolios. After trying every marketing ploy in the book, developers are biting the bullet and accepting that dropping prices - by up to 40% in some cases - is the only way to generate sales in the current market. And when it comes to sales, the first rule is to act rich - sellers can smell and exploit desperation a mile off. Right now, the developers need cash and they need it fast so they're ripe for the picking. If you've got cash, eat nails for breakfast and squeeze them for their last cent.
To read the article in full, click here.
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