Monday, Oct 20, 2008
Comedy club is back in session
Assetzzz: And now for the good news.
However, there is now some optimism, particularly in the wake of the recent government initiatives to help the banks.
Nicholas Leeming, director of Propertyfinder.com, said that just now this hope is a "glimmer", but suggested things will soon lighten up, stating: "Homebuyer confidence has taken a knock but lower house prices and the promise of a bargain will begin to encourage some people back into the market once mortgage availability improves."
Property firm Young Group states "Buy-to-let is arguably the world's second oldest profession and is certainly alive and kicking. With the correct advice and an analytical long term approach, good returns are there to be made."
Posted by little professor @ 08:19 PM (372 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. crash bandicoot said...
"98 per cent of buy-to-let investors are looking to hold onto their portfolios for at least the next 12 months"
No sh1t sherlock - it's not as if they could sell them anyway. Are the other 2% being reposessed already?
2. renting2 said...
Most BTLers will find that the anvil chained around their neck will make it very difficult to stay financially afloat through the next couple of years.
3. wiltshire said...
M.U.P.P.E.T.