Questor share tip: Buy-to-let woes hit Berkeley Group
London property bubble The London property market has benefited from a number of factors unique to the capital. Houses and flats are highly prized by overseas investors who view it as a safe place to park their cash, and are willing to pay deposits well in advance of completion. UK buy-to-let investors have also been attracted by the ability to increase rents ahead of inflation every year. The high price of land also reduces competition for the big housebuilders. Berkeley shares have soared in Read more [...]