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BTL Uber Doom

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    #1

    BTL Uber Doom

    http://www.barnardmarcusauctions.co....t_Auction.html

    Prices taking a bit of a battering in the current Barnard Marcus auction. Its mostly repos and the sort of stuff that people have been BTLing rather tahn upmarket stuff. Anything decent is just UNSOLD to you can't really see how badly that has dropped. New build flat prices have collapsed, the other stuff is back to values of I'm guessing 2003, or atleast back to the prices before the latest boom of the past 2 or 3 years.
    Tags: None
    #2
    They are part of the sequence group and own several estate agencies (all have the same logo for some reason)

    Same was true of last Allsops auction and a few others I monitor
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

    Comment

      #3
      Yum yum. Look at all those luvverly properties. I'll bide my time though - we haven't seen anything yet ...
      Hard Brexit now!
      #prayfornodeal

      Comment

        #4
        here's something you'll never forget

        Nice!
        The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

        But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

        Comment

          #5
          Originally posted by sasguru View Post
          Yum yum. Look at all those luvverly properties. I'll bide my time though - we haven't seen anything yet ...
          Not many lovely ones in there !

          I thought a few years before any sign of a bottom and buying opportunity but the rate of collapse is looking quite impressive. The mortgage lending figures out today are quite scary and point to uber housing doom.

          Comment

            #6
            Made the Daily Mail

            http://www.dailymail.co.uk/news/arti...f-paid-it.html

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