Property Angels - Too Good To Be True? - Nova

Property Angels – Too Good To Be True?

Nova Financial Ltd featured in Property Question Time on the Property Sky Channel 198

Our Managing Director Paul Mahoney on the Expert Panel:

Bonnie Bilson: It says, “Is there such a thing as a property angel? Someone prepared to buy a property angel with first-time buyers to help them get on the property market but also to give the angel part ownership until an agreed buyout?”

Paul Mahoney: Yes, I think it’s a bit of buyer beware in some cases with property angel type arrangement. There’s a lot of people out there promising to allow you to buy property with no deposits and a lot of these property meetings and things. In a lot of cases, almost all cases people are in a property to make money. So you need to be a little bit careful where you’re being promised an arrangement that doesn’t really stack up or seems too good to be true.

T: 0203 8000 600 W: Nova.Financial E: info@nova.financial

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