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Realistbear

" Buy-to-let Mortgage Market 'buoyant' " According To Expert

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http://www.whatmortgage.co.uk/mortgages/22...uoyant'.htm

Buy-to-let mortgage market 'buoyant'
13 March, 2008
By Adfero Ltd
The buy-to-let mortgage market is still "buoyant" and mortgage lenders are less concerned about this sector than any other,
one expert believes
.
Christopher Tanner, managing director of Blevins Franks Mortgage Services, explained anyone with a poor credit history will find it costly and difficult to get a buy-to-let mortgage, the market as a whole is still strong.

:lol::lol::lol:

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Excellent.

Still sucking in the uber rich and their nice big deposits.

I think it goes under "wealth redistribution". Banks and rich lose the person having sold the house gains.

They might be rich too, but more often average i would guess.

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Corpses are really bouyant.

It has always struck me as odd that they are so bouyant, and yet live people drown, but there you go...... Some things just arent rational.

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What do you think of this gem from our mortgage expert:

Mr Tanner said: "If you are a first-time investor, make sure you find a property that's suitable; you're not taking out loans you cannot afford to repay; you're not extending yourself where you've got no money in the bank when you have a void period, or a tenant doesn't pay."

This advice, if followed, would mean that there would be no BTL investors right now.

Alice

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Corpses are really bouyant.

It has always struck me as odd that they are so bouyant, and yet live people drown, but there you go...... Some things just arent rational.

That's because corpses are bloated, rotten and putrid....the live drown after struggling to the point of exhaustion whereupon they give up and become a corpse.

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That's because corpses are bloated, rotten and putrid....the live drown after struggling to the point of exhaustion whereupon they give up and become a corpse.

Simile and metaphor are not dead, at least ;)

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  • 293 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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