Monday, Apr 23, 2007

IFA Advice to BTL: Sell up

Independent: Wealth Check: Sixteen years to wipe out the home loan and retire debt-free

David should consider selling the buy-to-let property, which is "a risky investment", says Mr Witcombe.

"If interest rates rise, house prices fall or he loses his tenants, he'll have a serious problem."

This seems at odds with the majority of advice/opinion which maintains BTL as a good long term investment ?

Posted by doomwatch @ 01:41 PM (334 views) Add Comment

1 Comment

1. tony marshall said...

Sound advice on the BTL...

Monday, April 23, 2007 10:34PM Report Comment
 

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