[Anonymous]

Are you having a nightmare with a property abroad? Are foreign laws tying you up in knots?

Channel 4’s Housetrapped is back and we’re here to help you!

UK Channel 4’s ‘Housetrapped in the Sun’ is returning for a second series and we’re here to help you negotiate the minefield of foreign property.

With 20 years experience in the property industry, Andrew Winter, presenter of the hugely successful ‘Selling Houses’ will be offering expert advice on your overseas home.

** Are you trying to sell a property abroad with little success?

** Did you buy off-plan from an agent who made wild promises?

** Have you discovered serious structural problems, issues with access to your property or planning restrictions that make your property hard to sell?

** Perhaps you’re finding it hard keeping on top of things if you’re living mostly in the UK

** Do you have any major problems with your property that we can help with?

We’re looking for owners of properties to take part in our forthcoming programmes to be filmed in winter 2005/2006.

Please contact us on 00 44 (0)1273 224 800 and ask for the Housetrapped team.
or email housetrapped@ricochet.co.uk

RICOCHET, Pacific House, 126 Dyke Road, Brighton BN1 3TE

http://www.channel4.com/4homes/ontv/sellinghouses/his.html

[Anonymous]

Golly that could apply to 20% of people here !!!

[marios]

You came to the right board here,expect to be unindated or even inundated

[Anonymous]

I think it’s ironic that after a decade of ineffectual TV programmes on home buying in the sun hosted by non-professional presenters, we get a programme on the resultant carnage of the ill-informed buying over priced property in an investment and legislative minefield.

[Anonymous]

Hi I agree, the reason a lot of people bought into the Costa Del Sol over the last few years was becuase how these types of tv programmes and various popular magazines talked the place up, particularly how good an investment it was. Now they are slagging it off just a few years later after lots of people have bought there watching their programmes and now they are telling you to buy in Dubai / Bulgaria etc. With all the new builds going in in these new mkts what do you think is going to happen there?

By the way, the Costa Del Sol is still a hugely popular tourist destination, lots of people are still moving there and the infrastructure is still a lot better than a lot of emerging mkts coming up. Therefore I do feel the mkt will eventually pick up. Just need to sit tight for a while. Any views?

[Anonymous]

Yes very good point callal, at the end of the day the costas are somewhere people want to return again and again. It is all very well pushing Bulgaria and Dubai but who would want to go there on a regular basis?
If people only go there to check it out where are the regular rentals going to come from? Bulgaria is very underdeveloped, weather can be poor (July is one of the rainiest months), Dubai is fab but would you go there regularly?, flights are long and expensive and it can get too hot. Apartments etc. appeal mainly to families would families go to these places regularly?

I think the problem is about people expecting far too much return, far too soon. It is the stock market all over again. We are always taught (to make a modest low risk return) play the market for the long term 5 years at least. The property market was always a safe investment but much longer term, property is not some liquid assett that can be disposed of instantly.

I’m afraid greed has taken over the market just like the stock market (and looked what happened there). Unfortunately many of the people that get burned are those that can least afford it.

I am completing on a flat on the CDS but am looking at it as part holiday home part long term investment (10 years plus).

Sorry just realised I am rambling when the threads about a TV programme!! Better go now!!

[Anonymous]

I think the problem is about people expecting far too much return, far too soon. It is the stock market all over again. We are always taught (to make a modest low risk return) play the market for the long term 5 years at least. The property market was always a safe investment but much longer term, property is not some liquid assett that can be disposed of instantly.

unfortunately thats because AE and the other agents have raised that expectation for people!! When the agent tells you to expect 30% growth and they will sell it for you no problem – so put your pension fund in it quite safely whats a unexperienced punter to do 🙄

[Author]

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