Wednesday, May 6, 2009

And about time too…..

Buy-to-let mortgage schemes down 95pc

''The buy-to-let mortgage market has shrunk by 95pc in the past two years, making life increasingly difficult for amateur landlords. The number of different mortgages available for rental properties has dived from 4,384 in April 2007 to just 213 now, according to financial website''

Posted by hpwatcher @ 08:09 AM (641 views)
Please complete the required fields.

2 thoughts on “And about time too…..

  • excellent read, and the roger bootle video interview is a good watch too. I think we could have 6 months of mixed bag news before the real falls in prices start to hit – overshadowing the falls we have already seen. The acceptance phase.

    Please complete the required fields.

  • Rents are extremely high. 50% overvalued. Unless people will stay like sardines in those houses available to rent the landlord will never have the mortgage paid by the rent but if the landlord defaults than obviosly it is the insurer who pays up and even if the insurer looses money no problem there is the derivates market and so on… Sound economics

    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
  • 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Your email address will not be published.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>