Tuesday, May 23, 2006

Buy to Let

Times: Buy-to-let market 'slowly recovering'

Conditions for landlords have picked up in the first half of the year according to a report out today from UCB Home Loans, the buy-to-let mortgage arm of Nationwide building society.

Posted by jason @ 01:50 PM (3068 views)
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11 Comments

1. Inbreda said...

How can a newspaper possibly report something that can be summarised as, "A vested interest stated something you'd expect to hear from a VI, but in all other senses is probably a load of bias rubbish". That's not news. It's not journalism. It's lazy and it allows spin. The solution is not to buy the Times.

Tuesday, May 23, 2006 02:06PM Report Comment
 

2. Ontheotherhand said...

Does anyone know how UCB Home Loans is consolidated into Nationwide's results? Just the other day Nationwide was announcing that it has reduced its exposure to mortgages. Perhaps it does this by stuffing the wayward stuff into subsidiaries like UCB?

Tuesday, May 23, 2006 02:26PM Report Comment
 

3. Denzil said...

>>BTL slowly recovering
When did somebody say it was sick?

Tuesday, May 23, 2006 02:37PM Report Comment
 

4. Surfgatinho said...

This article is not worthy of comment, so I won't!

Tuesday, May 23, 2006 03:32PM Report Comment
 

5. Inbreda said...

But you did !!

Tuesday, May 23, 2006 04:04PM Report Comment
 

6. Uncle Tom said...

I'm intrigued why the mighty lenders feel it necessary to create subsidiary companies to handle the dodgier end of their trade.

A cynic might reason that the purpose is to create a cow from which cash can be milked while the sun is shining, but can then be subjected to the humane killer when the storm arrives.

Except that who the hell would provide funds for a company to lend if there was a real possibility of it going bust?

- Or is the agenda to entrap the greedy with mortgage contracts that allow the lender to put up both interest rates and exit penalties without limit, and gently bleed the borrower dry - while keeping the sting distant from the 'reputable' parent company?

I suspect the latter!

Tuesday, May 23, 2006 04:35PM Report Comment
 

7. Ianbe said...

What a complete load of VI drivel. Why the Times wastes ink printing this is beyond me.
The funniest bit was citing price rises as a reason for yeilds picking up!

Tuesday, May 23, 2006 08:18PM Report Comment
 

8. Bidin'matime said...

The intelligence of the report is summed up by the nonsense of the following extract: -
"Investors are benefiting from rising rents, increased tenant demand and rising house prices. These factors are helping to boost rental yields income as a proportion of a propertys value - and this trend looks set to continue. "
And yes, Tom, I'm sure you are correct.

Tuesday, May 23, 2006 10:02PM Report Comment
 

9. Ticktock said...

Every one should know who owns the Times by now.

Any Englishman who buys/subscribes to this Yankee diss-information & propaganda Corporaton (and their many off-shoots), should hang their head in shame.

Anybody who believes the rubbish that this man publishes deserves to ingest and choke on the right wing - capitalist- filth that it is.

No True Englishman, cares for the religious,Zionist, Views of this pig (even if you have nicked from us the' beautiful game')

Your days of plenty are numbered.

Wednesday, May 24, 2006 12:11AM Report Comment
 

10. This comment has been removed as it was found to be in breach of our Blog Policies.

 

11. talking rot said...

I don't buy this article. It seems to be a one off. Most of the articles I've seen recently comment upon long void periods and multiple flats in the same block trying to be rented. These articles imply over supply rather then under supply so prices should fall.

If it is true then its bad news.

Wednesday, May 24, 2006 01:06PM Report Comment
 

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