Friday, Feb 09, 2018

Gravy train starting to dry up ?

BBC: Jump in landlords facing serious mortgage arrears

The number of landlords who are seriously behind with their mortgage payments has jumped by 20%, according to UK Finance.
There were 1,200 buy-to-let mortgages in "significant arrears" in the last quarter of 2017, a fifth higher than in the same quarter in 2016
In contrast the number of homeowners with arrears of more than 2.5% fell by 7% (which isn't hugely surprising given low interest rates).

Posted by tenyearstogetmymoneyback @ 09:35 PM (1580 views) Add Comment

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