Friday, October 03, 2008

New apartment - buy 1 get second free



My accountant phoned me up earlier in the week to point our an article featured in the Telegraph. Apparently the investment bank Dresdner Kleinwort, has seen documents sent to property professionals showing that Barratts Yorkshire East Division had been offering discounts of up to 43% on the original asking price of some of their presumably city centre properties to property investors prepared to buy 5 or more in one go.

This is all getting very close to the scenario of buy one buy-to-let get one free. I'd love to know if any investor has taken them up on their kind offer. Anybody with any inside information?

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