I would just like begin with a caveat that we are not featuring this Times article because they have recently listed our blog in their top ten favourite blogs. It is of genuine interest to landlords.
Landlords that are looking for a bargain may well be interested in having a look at the recent feature in the Times on the 10 places where house prices are likely to fall the most.
Holiday home locations
There are some surprising locations including Cornwall and the Lake districts as well as other holiday destination which are predicted to fall by another 23%. We don't necessary agree with this. We think holiday home status will protect these areas rather than push their prices down.
Northern Ireland
Other predictions are less surprising. Northern Ireland has had a massive rise as result of the peace dividend and a booming Irish Celtic neighbour. The fragility of both phenomenons have been highlighted very dramatically by recent events meaning that the 22% predicted fall could be quite conservative.
City Centre apartments
We agree that City centre flats in regional centres such as Leeds, Newcastle, Manchester in particular and Nottingham are due for a real hammering. They project a 19% fall. We think more. If you are thinking of buying avoid, shoe box style developments in large blocks. Instead go for character and small where the appeal will be more enduring for discerning buyers and renters.
To view the other predictions go to the Times website.
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