Buy-to-let giant Inside Track goes bust!
Breaking News! Inside Track, the company that promised to turn a generation of Britons into 'property millionaires', has gone into administration
Britain's biggest property investment company made its money encouraging people to purchase - at a supposed discount - strings of new-build flats to rent out: a business model that has faltered in the face of falling property values, below average rents and a mortgage freeze.
Inside Track epitomised the buy-to-let boom of recent years, with high-profile and ambitious advertising for its property seminars that it claimed would lead to riches* Read more...
*Source: ThisIsMoney.co.uk
Britain's biggest property investment company made its money encouraging people to purchase - at a supposed discount - strings of new-build flats to rent out: a business model that has faltered in the face of falling property values, below average rents and a mortgage freeze.
Inside Track epitomised the buy-to-let boom of recent years, with high-profile and ambitious advertising for its property seminars that it claimed would lead to riches* Read more...
*Source: ThisIsMoney.co.uk
posted by The Editor
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