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Early news

A UK company is to be sold shortly, it doesn't do anything but it has two houses in the USA, a 4 bedroom detached house and a 2 bedroom detached bungalow. It also has a website that has been largely developed, looking at letting them as holiday homes they are located within walking distance of a major attraction. As we understand it the houses were bought and project started, but houses need some doing up, decorating, furnishing and the like. Now those running it have other projects on and not enough time available to make it all happen so have decided to sell. If they sold the houses you would have to pay the legal transfer costs including tax, but if you just took over the company that owns them there is no costs involved. The company will come clean, never having traded, or having any debts, and all property taxes will be up to date. There are no mortgages on the properties.

Given the location of these properties and work already done this could be the deal of a lifetime for someone in the UK.

Watch this page for more information shortly, probably in the next few days, but within a week.