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Electrical Inspection & Testing Forum
scope of EICR inside/outside flat
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<blockquote data-quote="ElectricSpecs" data-source="post: 503102" data-attributes="member: 33199"><p>Yes I think it's a common misconception. There are more and less profitable properties and areas of course but I think most people know someone who did well out of it when it was much much more lucrative. Back in the day with less rules/taxation, easier mortaging and rising prices you could keep on remortgaging against higher valuations and pull out equity to keep expanding your portfolio at a fair old rate. It was a gravy train for some while it lasted.</p></blockquote><p></p>
[QUOTE="ElectricSpecs, post: 503102, member: 33199"] Yes I think it's a common misconception. There are more and less profitable properties and areas of course but I think most people know someone who did well out of it when it was much much more lucrative. Back in the day with less rules/taxation, easier mortaging and rising prices you could keep on remortgaging against higher valuations and pull out equity to keep expanding your portfolio at a fair old rate. It was a gravy train for some while it lasted. [/QUOTE]
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