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Realistbear

Daily Mail-this Money.co.uk Warns Btlers

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http://www.thisismoney.co.uk/mortgages/art...46&in_page_id=1

Curtis Moyle from Coventry, West Midlands, is not an economist or trained analyst, but his ability to read the housing market and profit from it has paved the way for him to leave his job and support a family of four children and his ageing father.
What does he think of the market today?
'I can see a lot of trouble coming for buy-to-let investors,'
he says. 'Many paid too much for properties where the rent is unlikely to cover the mortgage.
'Years ago, when I was starting, I used to bore people to death trying to get them to do what I was doing. Now I might be warning them not to try.'

Bullish BTLer turns negative on BTL market. BTL, the first plank holding up HPI is falling.

Edited by Realistbear

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http://www.thisismoney.co.uk/mortgages/art...46&in_page_id=1

Curtis Moyle from Coventry, West Midlands, is not an economist or trained analyst, but his ability to read the housing market and profit from it has paved the way for him to leave his job and support a family of four children and his ageing father.
What does he think of the market today? 'I can see a lot of trouble coming for buy-to-let investors,' he says. 'Many paid too much for properties where the rent is unlikely to cover the mortgage.
'Years ago, when I was starting, I used to bore people to death trying to get them to do what I was doing. Now I might be warning them not to try.'

Bullish BTLer turns negative on BTL market. BTL, the first plank holding up HPI is falling.

this guy is sharp isn't he(said with tongue firmly in cheek!)

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And quess what, they do not want to listen to arguments about property being overvalued her on SP, where many are hugely exposed to the market. Does this tell you anything?

Groupthink - who wants to spoil the party? :rolleyes:

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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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