The Surprising Reason Why Your New Build May Value at £Nil (it’s probably not what you’re thinking)

Back in the day, new build flats were an extremely popular way for investors to jump into buy to let.

But with the crash of 2007/8, many lenders shied away from lending on them, or at least on terms that made any sense to the buyer. Is this still the case?

And what do we need to think about when buying a new build?

Did you know that in some circumstances the valuer may put a nil value on a property which, to you and me, looks like a perfectly normal property? (and it’s probably not the reason you are thinking)

Here’s to Successful Property Investing.

Peter
Peter Jones
(ex) Chartered Surveyor, author and property investor
https://www.ThePropertyTeacher.co.uk

PS. By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same.

For more details please go to:
https://www.ThePropertyTeacher.co.uk/the-successful-property-investors-strategy-workshop