Sunday, November 4, 2007
Landlords crying on the phone on the phone to me regularly …
"Harry Dhaliwal at Belvoir Lettings in Manchester said: “I have landlords crying on the phone to me regularly. They are being forced to sell but because so many developments are still being built, they are struggling to find buyers.” "
There si some great advice here like; Go interest only; re-mortgage your main home... and best of all
"Advisers recommend that investors who do not need to sell should sit out any property slow-down, especially as there could be a silver lining: rental demand is expected to go up as first-time buyers who are priced out of the market opt to rent instead."
Don't you just love BTL speculators. Fear and Greed is what is driving BTL.