Thursday, Nov 30, 2006
Interest Rate Slap for BTL
Home.co.uk: Interest rate hike slowed buy-to-let market
Instructions to let property rose at the slowest pace since Q2 2005, says RICS Lettings Survey published today. The slowdown was skewed primarily towards flats as buy-to-let investors expressed caution in the market, reflecting a fall in landlords’ profit margins as a result of rising interest rates. The BTL house of cards begins to wobble.
Posted by tinecu @ 10:38 AM (31 views) Add Comment
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