Date: Tuesday 14 April 2015
Location: Holiday Inn Brentwood, CM14 5NF (Free Parking)
18:30 - Casual networking
19:00 - Members introductions
19:25 - Main event & special guest speaker
20:20 - Finger buffet
20:40 - Q&A
21:15 - Casual networking
One of the very few independent market commentators who from 2002 onwards regularly warned private investor-landlords as to the very clear risk factors relating to the purchase of new-build apartments for investment. In early 2007 Richard emphatically predicted that mortgage lending would quickly become more difficult and expensive to secure and that investors should avoid carrying excessive debt levels on low-yielding property. Roll forward 2 years and the impact of the banks’ increased risk aversion to property lending was then plain to see, but back in 2007 the boom was still in progress and Richard’s oft issued words of caution were foolishly ignored by many investors who are now in negative equity or have had their properties repossessed.
Over the last decade Richard has regularly spelt out to investors the inherent risk of speculative investment strategies based on low yields and excessively high loan to value borrowing. He has also been a consistently fierce critic of the culture of ‘free money’ promoted by some of the Get Rich Quick (GRQ) property seminars.
A sought after speaker at many national property investor and regional landlord events since 2002, Richard’s views are widely recognised and valued, most importantly of course by the thousands of regular subscribers to ‘Property Investor News’.
Richard will also be giving away a few special gifts as prizes on the night.
This event is not to be missed.