well it had to happen. The banks and building societies caught by their own fear have left a gaping hole in the market. It is true that the lenders were lending out to many who could not afford to borrow, and that many new-build, off-plan properties were over-hyped and vastly over-valued. What we are seeing is a settling of the prices to a more realistic figure.But there are still large numbers of purchasers desperate to buy properties and there are now a vast amount of vendors desperate to sell. The void in the middle left by the banks and building societies are crying out to be filled. And then guess what......?Tesco? Virgin? Well what about Asda?http://tinyurl.com/62fe3gSo down to your local supermarket....pick up a shopping trolley....some veg and fruit and a Buy to Let Mortgage??Well perhaps not that easily. But there is a silver lining on all clouds and maybe this time of turbulence will create other possibilities?
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