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Thanks for the input guys.
i managed to get a reference on London Central Portfolio from a friend of mine who works at HSBC and they have been working for the private bank there for about 10 years…seem to be a legitimate bunch and from looking seeing some details have a good track record.
if anyone else is interested then let me know as have built up a bit of a file on them and going to give this a go.
good luck to everyone!
john
Thanks for the input guys.
i managed to get a reference on London Central Portfolio from a friend of mine who works at HSBC and they have been working for the private bank there for about 10 years…seem to be a legitimate bunch and from looking seeing some details have a good track record.
if anyone else is interested then let me know as have built up a bit of a file on them and going to give this a go.
good luck to everyone!
john
thanks for that andy
these guys with the fund are offering 10% compound interest on their fund and expect it to be higher with the olympics coming up…i have read quite a bit of press saying that over the long term the prime areas in london just keep going up and there isnt really a ceiling on it cos so many people are always looking to buy here and there isnt much available (as your contact said).
it sounds like a fairly low risk option going through this fund – i dont want to rent forever over here and it seems like quite a good way to get a foot in the door whilst i save up some deposit monies!
the fund is called the London Central Portfolio Property Fund – has anyone heard of it? presumably these guys will have a way to find properties – even with the lack of stuff around – otherwise they wouldnt be doing it!?
john
guys
i have been based in the Uk (london) for a few years now and have seen a lot of my colleagues making some serious money on property here in london.
what does everyone think about residential property here? its bl**dy expensive thats for sure, but i have just come across a fund that is buying property in central london and they are “only” looking for £50k sterling to get in…probably the only way i will be able to get involved in the market!
they have the olympics coming up and apparently they will be spending loads of cash sorting out trnasport etc. and it seems this might be quite a good time to get involved…
any feedback would be great
john