A Second Buy to Let Property??

Got details on another place called Adelaide Wharf from Serliana. Its in London Borough of Hackney which is quoted as a major growth area (I’ve heard it called the “new Islington” although admittedly by estate agents!) about a mile form the City and 3 or 4 miles from the Olympic Village in 2012.

Not sure whether to wait until Park Central is put to bed before jumping into a new place although it is off plan and not due to be finished until August 07 so that would give me time to get used to the feeling of owning a buy to let before the second one was ready.

Discussed with Anne and we have decided that our strategy should basically be to buy new properties close to city centres, amenities and transportation, There was an interesting article in one of the newspapers that quotes a leading estate agent as saying the ideal buy-to let property proposition is : “A flat in a large metropolitan area, close to public transport. Views are much less important than security. You could pay several thousand pounds to attend a buy-to-let seminar that gave not much more information than this.”

Received invoices from Serliana for their fee, which is 2.5% of the original value of the property (not the discounted value that they actually achieve). One of the little things that pisses me of with them is that they constantly misspell my name. For chissakes “Gary” has only got 4 letters in it, I don’t mind the occasional “Garry” but this one called me “Steve” and has misspelt my address! Yo, Serliana, small hint, if you are going to get one communication right, make it the one where you are asking the customer for money! It’s “GARY” for &*%$ sake