Finding the flaws in newly built houses is a must, says Christopher Browne. I recall those first flickers of adrenaline when I got the tip-off about a handsome grade II listed property in Nottingham. It was opposite Nottingham Trent University, and about to be converted into upmarket student flats. Buy now and you’ll make a cool £250,000 when it’s finished, said the estate agent. So I did, and waited for the lucre to roll in.
Just before I handed over my banker’s draft, the site foreman asked if I was going to ‘snag’ the property. He explained that despite its odd-sounding name, snagging could prove crucial.
