The flat is the traditional entry point for first time buyers -
but when it comes to investing in an apartment, should you buy
brand new or opt for older?
You can't throw a stone in most towns and cities without
breaking a freshly-paned window in a development of new build
flats. Apartments for singles, couples and friends are being
marketed, perhaps with a patronising hint, to the 'iPod
generation'. In developments like this, you can snap up your first
home (or 'iPad') for what seems a bargain price. Slick marketing
materials and weather-beaten banners announce that your deposit and
stamp duty are taken care of, and some go even further and kindly
pay your Waitrose shopping bills, Virgin gym membership and
travelcard for the first year. So what could you possibly be
waiting for?
...