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Flips Flop: ‘Some new flats sold on for 25% below reservation prices’

  • 6th December 2018
  • News
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Property analysts say ‘flippers’ – those who buy new homes and sell them quickly, hopefully for a profit – are losing money hand over fist.

London estate agency MyLondonHome says these losses are not recorded in some official house price measures which register only the original purchase price.

The revelation has been…
Source: Estate Agent News

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