Saturday, Apr 28, 2007

The subprime blues (UK release)

FT: Loan standards for buy-to-lets slide

Oops... the UK version of sub-prime is not the mid-west ethnical minorities, but a bunch of desperate, greedy BTLers... oh I forgot, they claim they have built equity, they are professional investors and are in for the long run... you wish!

Posted by confused76 @ 12:24 AM (149 views) Add Comment

1 Comment

1. confused76 said...

BTLers,
Please turn and bend forward, sorry this is going to hurt... there is an avalanche of evidence that you are going to lose big time... even the FT has turned against you!

http://www.ft.com/cms/s/ed8377fe-f4f0-11db-b748-000b5df10621.html

http://www.ft.com/cms/s/f469575a-f4f0-11db-b748-000b5df10621.html

http://www.ft.com/cms/s/f7157ff6-f4f0-11db-b748-000b5df10621.html

http://www.ft.com/cms/s/45bdf232-f4ec-11db-b748-000b5df10621,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F45bdf232-f4ec-11db-b748-000b5df10621.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2Fed8377fe-f4f0-11db-b748-000b5df10621.html

Saturday, April 28, 2007 12:37AM Report Comment
 

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