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fru-gal

Mortgage Rate Rise Would Make Buy-To-Let 'unviable' In 7 Out Of 10 Regions

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David Cameron clearly has a mandate to protect hard working landlords and will ensure these rises do not come to pass. His coke fuelled* Iron Chancellor is immensely proud of his low interest rate record.

Never raised on his watch....

*foundry reference, honest.

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Britain’s two million buy-to-let investors are already anxious about what tax changes or other policies might do to their property holdings under a new government as even the Conservatives have been less than supportive.

Throwing everything including the kitchen sink in to support is considered less than supportive. Well well.

They must be trying to suggest that they might be less than supportive in the future.

Edited by billybong

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Throwing everything including the kitchen sink in to support is considered less than supportive. Well well.

They must be trying to suggest that they might be less than supportive in the future.

Isn't £9BN a year in Rentier Benefit supportive enough?

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His coke fuelled* Iron Chancellor is immensely proud of his low interest rate record.

Never raised on his watch....

The thing is, being proud of low interest rates is logically equivalent to being proud of the fact that the economy is f&*ked, and no one calls him out on this at all.

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The thing is, being proud of low interest rates is logically equivalent to being proud of the fact that the economy is f&*ked, and no one calls him out on this at all.

Low interest rates only shows how bad the economy really is.......healthy, prosperous economies wanting to attract money have higher interest rates and lower debt.....you only have to look down under and ask why they had to recently reduce their rates...... ;)

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The numbers in the analysis look iffy. It's late but I can't see anything about other costs - voids, regulation, maintenance,insurance etc. Seem to compare average rent to 75% ltv BTL mortgage.

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