Property Snakes and Ladders

Coventry

Dan Gordon was desperate to get on the property ladder, but couldn’t afford the high prices in London. So, with the help of his girlfriend Rowena Walker, he decided to invest his savings in an unmodernised, three bedroom, ex council property in Coventry which he planned to renovate and sell on for a huge profit. Dan only had £1000 savings, but on this small sum, he managed to raise a 120% mortgage in which to fund the development.