If you’re fretting about the state of the housing market, don’t, because Britain’s largest residential landlord Grainger said on Wednesday it remained bullish about opportunities to buy real estate at great prices. OK, so if you’re selling this aint great news and the open market may not be the best place to get a fast house sale but if you’re buying.
Grainger has around £2.8 billion of property on it’s books and is trading well despite the gloomy market with almost £70 million of purchases planned and £154.8 million of sales in process. Despite the knock in confidence for the market place as a result of the RICS survey, the volume of property coming to market increased at its fastest pace since May 2007.
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