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Be careful if you buy property near soon to be improved rail links

Be careful if you buy property near soon to be improved rail links
If you buy property near a place that will benefit from faster rail links, you need to watch out.
For example, many people bought in Ashford, Kent because it was going to a stop on the London to Paris and Brussels route. Now, however, services have been massively trimmed back and only a few international trains will stop at Ashford.
Still in Kent, the new services on High Speed One (the new name for the Channel Tunnel Rail Link) will start from December 2009 and the timetable for our existing 'classic' routes will be re-drawn completely.
Services using High Speed One will go to London's St Pancras station and journey times from places like Ashford, Folkestone, Canterbury and Dover will be significantly reduced.
However, whilst many people are keen to know exactly what the timetable will be, this is all still at planning stage and the details are yet to be finalised.
It’s not out of the question that existing services might have to be reduced to accommodate the new trains.
If you need more advice on where to buy property as an investment or buy to let please ask me. I’m David Lawrenson from property investment experts www.lettingfocus.com
I’m the author of the buy to let book “Successful Property Letting - How to Make Money in Buy to Let” the UK’s top selling property title.
I’m an expert on residential property letting and a well known property freelance writer and I contribute to newspapers and a host of property websites, write a property investment blog and run a landlords advice service - check out my columns for FinancialExpress.net and Archant’s “The Guide” magazine
I also work as a consultant helping banks, building societies, housing associations and web portals with their buy to let and property products and services.
You can read more of my property investment blog and details of my networking, advice, property seminar programme at my website www.lettingfocus.com.
My next London landlords networking meeting is on March 12th. Click here for details: Property Investment Advice
What’s unique about lettingfocus.com is that we offer independent property mentoring because unlike most people in the buy to let and property “advice” business we are not linked to a property company, developer, agent or bridging loan financier and do not receive commissions from any of these sources.
If a property investment is lousy – We’ll tell you straight and we will tell you all about buy to let and property investment - the good and the bad and we won’t make silly promises that you’ll become a millionaire overnight.
Copyright: David Lawrenson 2007. This blog is updated at least twice a week. Permission must be sought before using the material in the blog.