Nick Clayson, The National - Invest from a position of strength
17 April 2009
Nick Clayson was quoted in The National newspaper on property contracts when buying in Dubai.
“Make sure the contract lets you break off the sale if your mortgage does not come through. If you agree to a price, you shouldn't assume that a bank will agree with you. Tell the seller that you would like your contract to be conditional on getting an acceptable valuation from the lender ... It’s buyer beware in this market.”