Friday, May 25, 2007
More bad news for BTLers
Times: Back to the ’burbs
Apart from London, city centers are saturated with BTL properties, yields s@ck and properties do not sell. Is this the end of the BTL craze? BTW, I noticed the Times has a new email address buytolet@sunday-times.co.uk Are they advising BTLers? Do they have a similar service for FTBers?
Posted by confused76 @ 02:31 PM (308 views) Add Comment
4 Comments
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2. Rover2000 said...
"I’m reading horror stories from members who have bought apartments in huge new-build city-centre blocks,” he says. “As soon as the blocks are ready to rent, the landlords start competing with one another for tenants, which means, of course, that the rents get pushed down"
Tut, Tut! Shame this competition mallarky.
I'm reading horror stories about FTB's competing against property speculators. Pity there can't be a rent strike as well and watch them all go bust. Extend "Right to Buy" to private tenants too I say.
3. confused76 said...
More good news!!
Nationwide exercising caution following rate rise - National Homebuyers
http://pr-gb.com/index.php?option=content&task=view&id=879
Optimistic house price growth forecast suggests rateh rise is certain, says National Homebuyers.
http://pr-gb.com/index.php?option=com_content&task=view&id=880&Itemid=9
Will there be a house price crash?
http://anmblog.typepad.com/this_is_money_blog/2007/05/is_there_going_.html
4. Pr said...
What a great idea, right to buy for renters, at a discount, would be fantastic!!