Financial Times 29 April 2016

Financial Times, 29 April 2016

600 242 Middleton Advisors

Mark Parkinson of Middleton Advisors was quoted in the Financial Times in April, “It’s surprisingly easy to get wrong”. He says the number of parents buying a property for children of school age, and then renting it out until the child needs it, has increased during the past three years. Budgets typically range from £700,000 to £1.5m. “We’re telling people to avoid soulless glass boxes in large developments because we believe that prices are going to soften,” he says, citing Nine Elms in Battersea as a London neighbourhood oversupplied with new-build apartments. “That market is only going one way — they may be a good buy in a year’s time.”