Saturday, Apr 19, 2008
Put your money where your house is
FT: Stump up the deposit
Posting more than my share today (yes, I should get out more).
The BTL carry trade losing its attractions as bigger deposits and fees needed on top of rising rates. Given that these characters pay interest only on loans, remortgagers are going to have to pump more cash into their get-rich-quick investments, even as their value falls. Oh dear.
Posted by letthemfall @ 12:55 PM (216 views) Add Comment
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