Thursday, May 10, 2012

Wheels coming off bandwagon?

Fall in lending to buy-to-let property market blamed on weak UK economy

The likely cause is that "investor demand has not proved immune to the renewed recession, tightening credit conditions and declining sentiment about the potential for further sharp gains in rents", said analysts at Capital Economics.

Posted by stuartking @ 06:53 PM (1055 views)
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One thought on “Wheels coming off bandwagon?

  • yorkshireman says:

    Lack of tenants (customers), so nothing new. See Woolworths, Game, Clinton Cards etc. That’s business and that’s life.

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