Ash4781 Posted June 22, 2007 Share Posted June 22, 2007 (edited) As interest rates and inflation rises some BTL landlords will be squeezed. Will we see rental properties getting into a poor state of repair ? (also as cheap credit dries up) Housing in poor condition coming to market ? (overshoot price falls) Edited June 22, 2007 by Ash4781 Quote Link to comment Share on other sites More sharing options...
red Posted June 22, 2007 Share Posted June 22, 2007 As interest rates and inflation rises some BTL landlords will be squeezed. Will we see rental properties getting into a poor state of repair ? (also as cheap credit dries up) Housing in poor condition coming to market ? (overshoot price falls) Yes. And yes. I'm sure many tenants would argue their properties are in a poor state of repair already; as for stuff coming onto the market, it'll be shabby 2 bed-flats by the bucket load, IMHO, and the reason why I believe this crash will be swifter - BTLs dumping portfolios as sentiment gets a grip and prices plunge. No chain. Keen to sell quickly. Quote Link to comment Share on other sites More sharing options...
Guest casaloco Posted June 22, 2007 Share Posted June 22, 2007 Yes. And yes. I'm sure many tenants would argue their properties are in a poor state of repair already; as for stuff coming onto the market, it'll be shabby 2 bed-flats by the bucket load, IMHO, and the reason why I believe this crash will be swifter - BTLs dumping portfolios as sentiment gets a grip and prices plunge. No chain. Keen to sell quickly. But no buyers methinks. Quote Link to comment Share on other sites More sharing options...
MarkG Posted June 22, 2007 Share Posted June 22, 2007 But no buyers methinks. Not true. Didn't Orbitroll say he's going to snap them up by the dozen? Quote Link to comment Share on other sites More sharing options...
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