These clubs offered 'clients' access to significant discounts on standard rates for buy-to-let properties across the UK. The properties were very often in city centre regeneration areas and were predominantly apartment units.
At one stage such clubs were estimated to be responsible for up to ¼ of all apartment purchases in the
The announcement by Inside Track, one of the largest of these clubs, that it is to discontinue its seminars, for which clients were charged anything up to £14,000, may well be the death knell of this spate of such 'bulk investment opportunities'. Many will not lament their passing.
Below are two interesting articles on the subject.
This Is Money, MoneyWeek
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