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partner statement
The rationale for setting up Obbard (originally called Hugh Obbard and Associates) in late 1993 was to be opportunistic at a time when the market was weak. At that time the UK Property market was at a low point and talk persisted of double dip recessions.
High Interest rates were thought to be here to stay and experts predicted a fundamental change in approach towards property ownership as the spectre of negative equity was said to have shattered the confidence of the property owning public.
Not only was that time a fantastic opportunity to enter the market, but property investors were crying out for an authorative, proactive, value-focused property investment consultancy.
Since then we have experienced the introduction of buy-to-let financing and with it the doors being opened to thousands of private investors looking to own residential property. With the end of the 1990's technology boom and the ensuing stock market slump, resulting in a severe crisis in the pension industry, residential property ownership has come to the fore as a reliable and tangible long term investment.
At Obbard, having recognised the potential so early on, we have looked to position ourselves as the company who truly understands the market and how to extract the maximum returns amongst a sector that is all too often over simplified, with advice on offer being sadly absent of foresight.
Hugh Obbard
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