tag:blogger.com,1999:blog-2249851329008146395.post8708176921971898548..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: Buy to let fraud "hits thousands"Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2249851329008146395.post-56392316014867917902008-12-21T09:08:00.000-08:002008-12-21T09:08:00.000-08:00What prompted all that interest was because HPC li...What prompted all that interest was because HPC linked to it on a Sunday. I guess.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-59878666592105814002008-12-21T17:19:00.000-08:002008-12-21T17:19:00.000-08:00There was plenty of humour in the couple who borro...There was plenty of humour in the couple who borrowed unbelieveable amounts out of greed, pimped their kids and friends into it and also became agents for the commission.<br><br>They were the victims! Oh the humanity.<br><br>On a more pedantic note, the article made a big deal about flats being sold for double their "value". Now correct me if I'm wrong but the value is what they sell for. So that means these people were buying therm sight unseen, or at least were total imbeciles.<br><br>Even if there was appraisal fraud (almost certainly, though the article was slient), even the most amateurish due diligence (i.e. picking up the local newspaper) would've spotted that.<br><br>My sympathy-o-meter failed to register.Nick von Miseshttp://www.blogger.com/profile/03985951853422897135noreply@blogger.com