Tuesday 7 June 2011

How to get 25pc off house prices and flat prices - Telegraph

How to get 25pc off house prices and flat prices - Telegraph

Rising numbers of these flats and houses are coming onto the market in central metropolitan areas which first time buyers could not otherwise afford. They can cost 25 per cent less than comparable properties in the same areas – but buyers should beware the reasons for the difference may be founded on hard financial facts rather than mere snobbery.

For starters, there may be important differences in the nature of ownership. David Kempster, a director of property search company SearchFlow, explained: “If you buy a local authority house, the chances are that you will do so as a freeholder. ....

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