Tuesday, Jun 09, 2009
Latest survey indicates BTL = Buy to Lose
Mortgagestrategy: Confidence in buy-to-let on the decline
Nearly a third of Brits believe buy-to-let property investments are going to make a loss in the current climate, shows research from Unbiased.co.uk. Some 10% of over 55s think those invested in the buy-to-let market are likely to lose a lot of money vs. 10% of 18-34s who believe it is a good opportunity to make a lot of money. Londoners still see value in buy-to-let: nearly one in ten believe they will still make money from it.As buy-to-let lending continues to decline, research from Unbiased.co.uk, the professional advice website, reveals that consumer confidence is declining with it, as nearly a third of Brits, 28% believe buy-to-let property investments will make a loss in the current climate.
Posted by jack c @ 06:03 PM (287 views) Add Comment
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