The Latest News From Bastion
Reputations Are Built on Honesty
Recently we discovered that an investment fund that we have dealt with for 8 years was in legals to buy a block that we introduced to them last year. They have since been offered it by someone else and decided to buy it. I challenged the fund about this and they...
The Long Slog
Today we finally completed on an existing apartment block in the north west. We issued heads of terms on the 22nd March 2022 so it's ultimately taken almost 16 months to successfully complete. The 'big name' buyer went into administration, their sister company stepped...
Deluded Vendor Prices
As the weeks roll by, the first quarter has finished and we are well into April it's interesting and frustrating to see more and more 'opportunities' being sent to us where the yields are too low. Vendors and agents are becoming defensive about our stance but why...
Property Market Correction?
It's April 2022 and there are early signs that the buoyant residential property market starting to change. It's not overly obvious yet and unless you're imbedded in the property market you might not see that changes but there are changes. We have started to pick up...
Experience Pays Off
We are increasingly finding that many of the new people we are dealing with professionally are a great deal younger than we are. Sadly I'm finding myself saying "Christ, I've children the same age as you". It's a reflection of age of course and a little frightening...
When Size Matters
The past year has been interesting on many levels but let's focus on the residential property market here in the UK and the changes. I'm not talking about house prices or growth but the fact that so many tradesmen and varying companies are exceptionally busy. People...