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erranta

The Buy-to-let Housing Boom Is Over!

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Its like reading paragraphs of 6 month old HPC post's!

At the same time, it said, lenders were often unaware of the actual price being paid by the borrower, as cash-back deals and discounts were not disclosed at the outset.

It said many lenders now required buy-to-let investors to put down deposits of 25 per cent to 30 per cent of a new proper-ty's value, compared with just 15 per cent during the final quarter of last year.

So the ULTIMATE CRASH POINT is being blamed on - 'the valuers'???

Paul Hearnden, managing director, went on: "The main drivers of this trend are valuers being even more cautious on rental yields, which can stop an application dead in its tracks."

http://icbirmingham.icnetwork.co.uk/birmin...-name_page.html

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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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