Wednesday, December 17, 2008

Call from NLA for BTL investors to be included in the proposed mortgage support scheme

Property: Dangers lie ahead for buy-to-let investors

The National Landlords’ Association is highlighting the plight of buy-to-let landlords whose investments face the double threat of oversupply in a fragile market and tenants losing their jobs. The call from the National Landlords’ Association (NLA) for buy-to-let investors to be included in the proposed mortgage support scheme is probably no more than a cheeky attempt to highlight the fact that buy-to-let landlords are struggling, too.

Posted by jack c @ 06:50 PM (1021 views)
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9 thoughts on “Call from NLA for BTL investors to be included in the proposed mortgage support scheme

  • I will don a bandanna and start dousing rags if the government ever tried to pull this stunt.

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  • gone-to-colombia says:

    Absolutely no %&/ck&%# way!
    Let the cockroaches fail!
    The deserve no help.

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  • Lord D'arcy Pew says:

    Do what the Government plans with Royal Mail sell 1/3 to the Dutch!

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  • What about support for tenants?

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  • I cannot believe that every fool, rogue and his dog is being supported by this bl**dy government, it is like I’ve woken up in the 70’s. The joke is on the decent hard working people of this country but I’m not laughing.

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  • They do fullfill a useful service IMHO – at least we know which rocks to look under

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  • I’ll be surprised if the offices of NLA don’t get an out of hours visit for suggesting such a thing, never mind if the government agrees.

    There is a big difference between investing and saving.

    Savings go in a bank and should be protected (upto the agreed limits).

    Investing involves risk. Get it right you win, get it wrong you loose.

    The only thing I don’t agree on is Investing in housing, because it involves taking that house away from someone who could own it and live in it.

    So as Will says, if any help is issued it should be to the tenants of a delinquent landlord, not to the landlord himself.

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  • It is very important to differentiate between savings, consumption and investment. Brown took the peoples’ savings, consumed them and called it investment. Eric Blair wrote about double speak and Tony Blair practised it.

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  • I would happily give half my salary in taxes to keep this vital business sector afloat during the recession. These people are the visionary leaders of the future economy. Without them this Country would be overrun with people that work and pay for things.

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