Tuesday, September 11, 2007

Do somebody know something we don’t?

Buy-to-let alive and well

Buy-to-let investors are continuing to pile into the property market in spite of rising interest rates, lured by strong rises in rents, the Royal Institution of Chartered Surveyors said today

Posted by quiet guy @ 08:37 AM (605 views)
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3 thoughts on “Do somebody know something we don’t?

  • Royal Institution of Chartered Surveyors – another positive outlook, rics + housing market = positive spin……..

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  • “Demand for rental property is being supported by the inability of many would-be first-time buyers to afford anything.”…. if FTBs cannot afford to pay interests on their own mortgages how can they afford to pay rentals that cover the interests on the landlord mortgage?
    maybe david2004 and frends can explain that?

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  • dohousescrashinthewoods says:

    Retail investors traditionally get pwned in crashes (cf. dot-com).
    Does this suggest BTL is retail investors? Seems likely.

    Alternatively, is this skewed figures? With some rumblings over BTLs hiding under residential mortgages, are more coming out with true BTL mortgages? (Note this means that house sales figures, such as FTBs, would have been overestimated)

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