I possibly put this on the wrong discussion board initially..Does anyone know of a lender who'll lend on a London BTL property with a Compulsory Purchase Order on it?Selling price way below market value for a comparable property.Rental yield based on sales price about 12%. (and well above 130% of monthly mortgage)The building may or may not be pulled down in 10-15 years time. (we all know what local councils are like!)Many thanks in anticipation...
© Copyright 1998-2013, The Motley Fool Limited. All rights reserved. This material is for personal use only.The Motley Fool, Fool, and the "Fool" logo are registered trademarks of The Motley Fool, Inc.Place of Reg: England & Wales. Company Reg No: 3736872. VAT Reg No: 945 6990 68. Registered Office: 5th Floor, 60 Charlotte Street London W1T 2NU.
Page load time and server: