Tuesday, Jun 19, 2007
BTL VI spin?
Home.co.uk News: Landlord confidence remains high
Research by Mortgage Express has revealed 88 per cent of landlords plan to increase or maintain their property portfolio...
This is compared to 86 per cent at the same time last year.
The survey of nearly 5,000 landlords by Mortgage Express found confidence to be highest among landlords with the largest portfolios.
Posted by tinecu @ 01:24 PM (210 views) Add Comment
7 Comments
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1. george monsoon said...
This just highlights how IGNORANT these people are.
Ok, if you are a big player with properties acquired pre-1995 then yes, there is money to be had, but recent buyers are going to lose.
I hope they all die horribly!!!
2. Wage Slave said...
I'd like to see BTL die a death. Either tax it or make the tenure of tenancies more secure, rents set by a board, etc. In short, make it an unatractive investment option unless you're a professional landlord.
It's imoral that someone should own five homes when there are people who can't afford one and have to rent from Mr BTL.
3. Algenon said...
I just do not understand why BTL are pilloried here. If there was not a thriving rental market, rents would be high and the likes of myself who is waiting for better times ahead would be in big trouble.
4. confused76 said...
George,
well said!!
WS,
how about BTLers with a portfolio of 20 properties, are they moral? Just checking...
5. dobber said...
WS,
The market is about to bring the speculators back to reality, and boy oh boy is it going to be painful!
6. Orwell said...
WS... I am told that the Rent Assessment Tribunal will assess your rent if you ask them, but best get a long term let (even assured shorthold) first though...but don't rely on this advice, why don't you check with the CAB?
7. Exiled said...
the days of capital appreciation for btls must be at an end if interest rates continue to rise and if there is a HPC then a flood of renters buying surely this would put pressure on rental yields and even pre 1995 would be in dire straits