fixer-upper

Considerations when taking on a fixer-upper with Mark Parkinson

1024 576 Middleton Advisors

Mark Parkinson, Managing Director, was recently featured in The Financial Times alongside research from our most recent Market Insights.

Mark discussed what prospective buyers need to consider when purchasing a fixer-upper, as well as discussing trends within the sector. “Friends who have done it successfully, selling a house in south-west London every 18 months, are now looking to the north-east of England,” Mark explained. This sentiment is felt by those who are familiar with the industry, with many changing strategy and focusing on cheaper areas.

The article goes on to showcase some of the research published in our Market Insights Volume II earlier this year. When considering the optimum holding period for a property, the report concluded that the market was against those buying and selling within short timescales.

Read the full article here.