2011 News
Zenzizenzizenzic and the Debt Crisis
Here we are at the end of a tumultuous year for the UK, European and North Atlantic economies where many of the finance ministers will be wishing for ‘out with the old, in with the new’ in 10 days’ time. If only it was that simple.
Latest Property Investment Deals from Bold Spirit
Please find below Bold Spirit’s latest property investment deals:
Any Good News? Autumn Statement
Dear Investor
If there is any good news in the Chancellor’s Autumn Statement please forward it to me marked urgent.
A useful summary is below:
London Student Property £82,700 Gross Yield 11.1% – A Few Remaining
With 291,000 full-time students enrolled across 40 Higher Educations Institutions (HEI), London clearly remains a hub of student activity and continues to occupy the top position for student investments.
Substantial Discounts Off Quality Property Stock
I don’t intend to give a blow by blow account of what’s been happening in the Eurozone or at the G20 meeting in Cannes as it is plastered all over the media, spoken about in pubs and taxi drivers are now giving opinions on the benefits or otherwise of Greece leaving the Euro.
Come And Meet Us In London Saturday 29th October 2011
Bold Spirit clients have successfully acquired bank repossessed and other distressed properties over the past few years at substantial discounts to market value, some as high as 50%+. Additionally, many investors enjoy double digit yields, beating the wealth destroying effects of high inflation and low interest rates.
Repossessed Properties For Sale
There’s been a lot of economic news in the past 24hrs, most notably the slashing by Moody’s of Italy’s credit rating by three notches, putting it on a par with Estonia and Malta. The consequences will be an increase in the cost of borrowing and the downgrading of banks with exposure to Italian debt.
Repossessed Property For Sale
The German parliament or Bundestag has this morning approved the expanded powers of the ‘bailout’ fund and increased German commitments from 123bn euros to 211bn. I‘m not sure what Mr and Mrs Schmidt makes of it all, but for now it looks likely that Greece will receive more funding through this mechanism and through the IMF.
13% Yield HMO Properties For Sale
As inflation continues to erode cash savings, investors are turning to high yielding properties to increase the purchasing power of their money. We have witnessed a huge increase in the number of enquiries for high yielding properties in the past few months and are pleased to be able to offer the following opportunities to our investors.
London & Manchester Property at Substantial Discounts
Recently, we have experienced a trickle of higher quality properties as banks begin to unwind their portfolios in the search for cash. We have also noticed that the decision-making process has been shortened whereas, what would have taken a few weeks or months a year ago, is now, in some cases, taking 5 working days.
