Thursday, Jan 18, 2007
Time to quit BTL?
every investor: Buy to let: should you get out while you can?
Many new investors entered the Buy-To Let market in 2003 and 2004 when they were able to borrow at little over 4%. If they have to replace a mortgage today, they will get a nasty shock: they will pay over 5% for the best deals on the market and if they want to borrow more than 80% of valuation the rate will probably be 5.5% or 6%.
Posted by dohousescrashinthewoods @ 10:57 AM (134 views) Add Comment
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