Developers' confidence grows as the market returns...
Brett Alegre-WoodChairman, YPC Group
Hey guys,
Well I never thought that I would experience so soon after a 'recession' but it appears that the lead up to Christmas is still booming with demand at such a level that many developers are actually putting up prices. It appears that their level of certainty around the market is returning.
Just today I was chatting with James, our Director of Property who was telling me three separate stories of developers wanting more money on developments we are negotiating on. One even stated that the bank has told them that they cannot sell so cheap yet when we begun speaking with them 2 months ago the bank actually signed off on the initial deal.
Anyway this is probably a sign of things too come, gazumping, competition for plots, developers changing their minds, any of the ordinary fun and games of property in a growing market.
You need to stay educated...
Grab my FREE weekly property mastery e-newsletter and learn the very same information many have paid thousands to learn. It's valued at £199 per year and each week, I'll teach you everything I've learned while building the portfolios of thousands of my clients over the last 15 years. Learn from my experience and avoid making the mistakes I did!
You'll learn all this and more in just the first 3 weeks of this newsletter:
 Plus, a special bonus: you'll receive Brett's regular video updates, delivered straight into your inbox, where he turns on his video camera and decodes the week's property news for you!
|
Join our newsletter list for FREE today and you'll receive as a bonus a complimentary copy of Brett Alegre-Wood's best-selling book The 3+1 Plan!
You'll learn the safest time-proven strategies that will guide you and grow your portfolio during any economic boom, bust, recession or downturn.The 3+1 Plan is a step-by-step guide that will show you how, with just four properties, you will be able to fund the lifestyle you have always wanted. Even before you retire! Immediately you register for our newsletter we'll send you the PDF download link for this award-winning book so you can start reading right away...
| ||||||||||||
| |||||||||||||
Obviously it's good news for investors although it means that prices may continue to rise.
Live with passion,
Brett
Reader comments for the article 'Developers' confidence grows as the market returns...'
You're invited to join in the discussion of this article. Do you have advice to share? An opinion or some feedback that adds to the discussion? Feel free to add it below! (Please note though that ALL comments are checked before they're posted.)
Brett reporting from Malaysia, should we open up an office in Malaysia?
How will the Euro affect you as an investor?
Is it realistic to have cashflow positive investment property 100% of the time?
How Much Capital Do You Need To Get Started In Property Investment?
How Quickly Should An Investor Build Their Property Portfolio?
Brett reveals London's newest, still-unknown hotspots in new video