Friday, June 22, 2007
Why it can only get worse for buy-to-let investors
Why it can only get worse for buy-to-let investors
The situation is looking bad for Britain's 400,000 buy-to-let investors. Not only are many finding that rental yields are failing to cover mortgage repayments, some are set to lose out on capital gains too...
Posted by mary @ 01:45 PM (443 views)
6 thoughts on “Why it can only get worse for buy-to-let investors”
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wage slave says:
The rhetoric’s turning against HPI and towards a correction almost on a day-by-day basis now.
With articles like this market sentiment towards a correction / crash will begin to gather momentum .
Deadspider says:
“The situation is looking grim for Britain’s 400,000 buy-to-let investors”
Only 400,000 ????
I thought there were around 800,000 BTL investors with around 300,000 investing in 2006 ?
Scott says:
Yes, the foreign press do seem more objective. But even domestic media is starting to switch sides.
confused76 says:
“If you haven’t sold up already, this could be the time to do so.”
I love Merryn!
confused76 says:
http://www.moneyweek.com/file/30673/why-buy-to-let-sales-are-bad-news-for-the-property-market.html
check this too
shipbuilder says:
Now is the turning point – it was always going to be the received wisdom from the mainstream media that marked the general turn in sentiment. The masses always like to believe that they’re a little bit smart, ahead of the curve….once the sheep believe that the smart dinner party topic is ‘selling to cash in’ rather than ‘in it for the long term’ the crash will hit full flow.