Sunday, Aug 26, 2007
Santa Claus is coming earlier this year for UK Investors.
www.Landlord.co.uk: Santa Claus is coming earlier this year for UK Investors.
Landlords are look to diverse areas of the world to realise there investments.
Posted by tim woz @ 10:40 AM (845 views) Add Comment
7 Comments
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1. planning4acrash said...
Well, if they borrow in Sterling, then they could get a nasty surprise if the high value of Sterling plummets. If they borrow in the local currency, then maybe they could do well, and make nicely if sterling plummets and they sell up (not something I'd bet on, but its worth factoring in) but is there another country that would take Brits who borrow without any proof of earnings, etc?
2. planning4acrash said...
Oh, but Nordic countries probably have strong tennancy rights, so I'll bet that you can't easliy sell up.
3. Dave Lamm said...
Buy a property with guaranteed rental income for one week of the year.
Interesting how they see the outlook in the uk tho. I was out with some work colleagues last night and they all were expecting a downturn. What was surprising is that I didn't bring it up, there were all homeowners in there mid twenties to mid thirties. I think the general feeling is changing.
4. Ftbagain said...
I would not trust anyone who thought Lapland is a country, which the artical implies by saying, "neigbouring Finland." It is region of that over laps Nourthern Sweden and Finland. What a bunch of muppets.
Snow all the year round. Lapland is inside the Artic Circle. Of course there is snow all the year round, the place never gets above freezing. The trouble is it is completely dark for half the year. You would have to wear a set head lights to avoid the trees and raindeer!
What a load of tubbish.
5. su said...
p4c.said "Nordic countries probably have strong tennancy rights, so I'll bet that you can't easliy sell up."
I don't think the idea is to rent to tenants, but to rent to holidaymakers - quite different.
If it is the great deal as put forward in the article, we could see BTLers selling a bit faster here to plough their money into cabins in Lapland. The article does suggest a cool winter for the BTLer here so there could be many more ex-BTL properties coming on the market to release money to buy rows of cabins where the nights are long and snow falls softly. A land of financial gain - what could be more tempting for the BTLer.
This would also be good news for those wishing to buy the ex-lets which would soon be lying empty. Could be a win win situation. Good for them, good for us!
6. Alan said...
I think the best investment for the next few years may be a handgun.
OK, I know we're British but you can buy them openly in E Europe. If things turn nasty, then this is an insurance policy which may give a better return than gold ~ call it a protective hedge bet.
Sometimes we need to think the unthinkable. I hope I haven't spoiled anyone's evening.
7. Cheekie Charlie said...
The Banks won't be playing Santa this Christmas, more like Ebeneezer.