New Beginning to buy ‘thousands’ of vulture fund homes
Ross Maguire reveals he would launch a ‘mortgage to rent’ scheme next year
New Beginning, the debt agency founded by barrister Ross Maguire, plans to buy thousands of homes from ‘vulture funds’ in 2017 after securing backing for a multimillion-euro property play from high net worth German investors.
Maguire confirmed that he would launch a ‘mortgage to rent’ scheme next year, and has already secured funding for the first tranche of purchases. It is understood that an initial commitment of €20 million has been made for a...
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