Saturday, August 9, 2008

Another nail for BTL?

More tenants said falling behind on rent

Hope those 'professional' BTL investors have factored rising bad debts into their business plans.

Posted by captain sensible @ 12:15 PM (704 views)
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2 thoughts on “Another nail for BTL?

  • Great article which proves that Landlords do not hold the upper hand.

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  • japanese uncle says:

    Under the current economic climate, those currently renting three bedroom flat will change to two-beds, while two-beds to one-beds, one-bed to studio, or bed-sit, inevitable scenario. Thus the demand for the rented residential space as a whole will have to shrink where demand-supply goldern dynamics will nicely work to reduce rents. Quite a few young workers in London already find it extremely hard to rent even a studio costing often 700-800/month, and forced to share flats.

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