Re: Re: Rent to buy with CAM

#108049

logan
Participant

Before nationalisation CAM were offering buy to let on every property they had. Since then their portfolio has effectively been parked in a bad bank underwritten by the government but under the control of Sabadell. Now only a few selected properties are marked buy to let on their web site.
I take that to mean the imperative has now changed.
Sabadell who control CAM presumably could not care less about the ‘bad bank’ there is nothing in it for them. They want the CAM branch network in regions of Spain they were weak in before.
I have investments in CAM and moving the money is not a problem.