How to avoid the buy-to-let pitfalls

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Nick Carlile, co-founder of the Platinum Partners Group of companies and a qualified quantity surveyor, warns the easy money has already been made in property.

This year is providing some superb opportunities to acquire profitable property investments – we are unlikely to see again in our lifetime a series of circumstances when property investing has looked so attractive.  The caveat is that those you are advising really have to know what they are doing; this is not a market for amateurs and gone are the days of property being ‘easy money’.  Changes in the mortgage lending market and tightening of legislation governing buy to let have meant landlords now have to be more professional and possess real business acumen. It seems that everyone wants...

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