Thursday, November 8, 2007

Amatuer BTL is a Dead Duck

Buy-to-let is now only for the rich

RICS say that the buy-to-let market is officially stagnant as would-be-investors now need 500 percent more capital to put down as a deposit than they did five years ago which makes BTL investments an unattractive proposition for vast swathes of the population.

Posted by enuii @ 08:38 PM (656 views)
Please complete the required fields.



2 thoughts on “Amatuer BTL is a Dead Duck

  • “Amatuer BTL is a Dead Duck”

    the article says quite differently: profitable BTL is history

    amateurs and professionals are in the same boat: at current price levels, they have to bankroll BTL investments either from own pocket or from past capital profits…. so what’s the point in keeping investing??

    Reply
    Please complete the required fields.



  • “Rising interest rates and rental cover ratios for mortgages have made investment an unattractive proposition for vast swathes of the population”

    What a stupid comment. Firstly “vast swathes of the population” will never save enough money to put in their piggybank let alone BTL. Secondly if “vast swathes of the population” were invested in BTL who would be renting the properties? The stupidity of some commentators amazes me!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>