Tuesday, Oct 27, 2009
"Landlords are less equipped to sustain non paying tenants than they were a year ago"
Mortgagestrategy: Buy-to-let will remain tough in 2010
Rental arrears and uncertainty over interest rates are set to plague buy-to-let investors well into next year, warns tenant eviction service Landlord Assist. The company says that by the end of this year, approximately 150,000 tenant evictions will have gone before the courts, and Lanlord Assit predicts next year landlords will not fare much better as the rental market attempts to stabilise. Landlord Assist says that rental arrears will continue to be the main problem facing landlords next year, in line with the expected rise in unemployment. Uncertainty over interest rates will also be brought to bear on property investors next year.....
Posted by jack c @ 02:13 PM (395 views) Add Comment
2 Comments
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1. crunchy said...
Private BTL to Banking BTL?
2. Alfie said...
Everyone is suffering in the crisis, I dont have any sympathy for those greedy property investors who have messed the housing market up for all those who just want their own roof over their heads.