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A RECESSION is a good time to buy a property franchise, according to property expert Sarah Walker of Platinum Property Partners (PPP), as the next 12 to 24 months are going to be a 'golden time' to buy property for those who have the means and know-how. "It will be a once-in-a-generation chance to buy at such a high level of discount," said Sarah.
One strategy for Platinum Property Partners' franchise partners is to focus on acquiring UK properties substantially below their true market value. Sarah said: "While prices are still falling there are some great opportunities to negotiate discounts, but you must make sure it's win-win for both you and the vendor; and it isn't a market for amateurs."
The demand for property is only set to rise as The Office of National Statistics recently reported that within the next 20 years, two out of every five homes will be ...