Buy-to-let investors across the UK could see house price drops of as much as 50 per cent this Christmas, it has been claimed.

According to the Times, buyers are being offered a number of incentives as housebuilders look to offload their properties.

It claims that "bulk buyers"could be given discounts of as much as 75 per cent for some new-build developments.

Investors or homebuyers who are prepared to haggle could therefore walk away with a bargain.

Some of the incentives offered by agents include rental guarantee, under which landlords are offered a temporary safety net by "guaranteed minimum income on buy-to-let"properties.

Homebuyers can also benefit, with other schemes offering the chance to "rent before you buy", as well as straightforward money-off discounts.

This comes as Luke Bennett, founder and managing director at SW19, claimed that house prices could begin to rise again by the end of 2009.

He said the year ahead will see greater activity in the market, leading to improved confidence that will eventually see values start to "creep up".ADNFCR-2002-ID-18924441-ADNFCR

Related posts:

  1. Stamp duty ‘should be abolished’
  2. House prices set to rise ‘by the end of 2009′
  3. Property buyers ‘should look at different options’
  4. Struggling first-time buyers ‘supporting buy-to-let sector’
  5. Study could see buyers get ‘better value for money’

Leave a Reply

You must be logged in to post a comment.

HOME