Thursday, Jun 26, 2008
The Anne Ashworth Show
Times: Country piles and crash pads hold their appeal
The mortgage drought has forced many would-be buyers of flats to rent them instead - a boon for buy-to-let investors who neither overextended themselves nor misjudged the tastes of prospective customers.
Posted by confused76 @ 10:54 PM (461 views) Add Comment
9 Comments
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1. icarus said...
The Times just won't go away, will it? It's like a foot-in-the-door salesman with encyclopaedias one day, brushes the next, then Jehovah's Witness literature. Buy-to-let? Not today, thank you.
2. crash bandicoot said...
Oh my god! This woman is relentless. "Buy-to-let investors who neither overextended themselves nor misjudged the tastes of prospective customers" Soooooooo, you have an interest only mortgage, your 2 year fix is up and it's going up from 4.5% to 7% your rent doesn't even cover the motgage payment now because the guaranteed rent period is over. But don't worry because the super rich can still buy any kind of property they feel like at over-inflated prices - because they are super rich. Doesn't that make you feel better? No? Just paint yourself beige and stand next to a railway station, that'll make you feel appreciated.
3. little professor said...
How sad. This women is rapidly becoming the next Ztuart Law
4. drewster said...
She's seen the light on one point at least, maybe we are getting through to her!
"Widespread job losses would limit the numbers able to pay the new inflated rents..."
5. Van Hoogstraten said...
Anne Ashworth's column has about as much relevance to the world as those on the current market price for the eggs of the legendary "Roc" bird.
6. mark wadsworth said...
Gives a new meaning to the word 'crash pad'.
7. it_is_going_with_a_bang said...
Where is she finding rent increases of 30% over a 12 month period?
She is talking absolute rubbish.
But I guess she has no choice.
If she changes now she would probably lose her job and all her BTL's.
A VI if ever there was one.
8. Tara747 said...
Loving the comments at the bottom, they all seem to pity her!!!
HAHAHAHAHAHAHAHAHAHAHAAAAAAAAAAAAAA
9. Landedgentry said...
Can't wait till one of her lovingly restored mansion flats with a contemporary interior is trashed by one of her lovely "young professionals" on a cocaine booze binge party after discovering they have been laid off from their investment bank jobs.