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Boom'n'Bust

Time To Get Deeper Into Digs?

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There seems to have been a massive number of pro-BTL articles in the papers over the last couple of weeks, promoting the benefits and telling us how now is a great time to get into BTL.

It really feels like there has been a concerted push from the VIs who have given-up on the decimated 1st time buyer market.

'The number of students is going up every year but some landlords are nervous about letting to students because old worries and habits die hard,' says Judienne Wood, director of residential lettings at estate agency Kinleigh, Folkard & Hayward in London.

'But it's a great investment, although you should expect students to have parties and not to mow the lawn. I wouldn't advise taking on first-year undergraduates - it's better to have second years who have spent a year away from home and got used to a bit of independence. You've also got to have the right mindset and put in furniture that you don't mind throwing away every couple of years.'

Does anyone believe her?

Edited by HPCheese

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Most cities are building student villages to rectify the problem of students taking over traditional residential areas.

Stay clear of BTL. It's over.

LOL

most unis are getting into student digs because they've seen there is money in them there students!

Manchester seems to have built loads of cheap to put up flat complexes wioth fast broadband with shops underneath and gymns. How can a tatty terrace compare with that?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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