Quote:
Originally Posted by ArmchairInvestments
I agree - particularly at the moment, it is hard to say when liquidity will be restored in the banks. I think there are buyers out there but most people are finding it hard to get the finance in place...
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One way to invest into repossessed properties is through a collective investment vehicle which makes it suitable for pension investors e.g SIPP or SSAS.
The lending is done throught the fund which is non recourse to the individual and does not affect any of the individual's credit rating or ability to gain finance in the future.
Typically a fund or private property syndicate that raises £1.6 million can purchase upt to £5million worth of repossessed property and gives a nice hands off investment into the current market.
I believe we have another 6 months of opportunity before things start to stabilise and pick up.
Tony