Saturday, Aug 08, 2015

Further squeeze on buy to let

Dailymail: Now buy to let borrowers face grilling

The writing seems to be on the wall...this will disaster for some but soon ftbs will be
Buying liquidated portfolios at massive reductions....who will then rent all the btlets?..spiral
Downwards likely.seems to admit a speculative bubble

Posted by taffee @ 01:38 PM (5116 views)
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1. bidin'matime said...

'There have been calls for buy-to-let mortgage regulation, but banks already seem to be taking matters in to their own hands'.

Apart from regulation, the only way we can be sure lenders will apply common sense is to let them go to the wall (with some personal cost to the directors) if they screw up - again - instead of bailing them out.

Saturday, August 8, 2015 01:36PM Report Comment

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