I didn't follow the recent buy to let thread to the end. Did the OP go
for it and buy? I hope not in view of the current situation.
Good to see BTL getting the kicking it deserves and a lot of greedy
little capitalists getting their fingers burned!
I don't suppose prices will fall too far, but the lower the better -
for (nearly) all of us in the long run.

cheers
Jacob

normanwisdom of little wisdom wrote in message
...
I didn't follow the recent buy to let thread to the end. Did the OP go
for it and buy?

Yes I think he did if it's the same one I remember

I hope not in view of the current situation.

Why it was an interest rate rise that was worrying him
Quite the opposite has happened
if he got a good deal on his mortgage at the time he's in glover
Letting market is looking stronger then ever because of the present money
situation for the foreseeable future, lots of new migrants arriving
daily,and increasing repossessions they all have to live somewhere

Good to see BTL getting the kicking it deserves and a lot of greedy
little capitalists getting their fingers burned!

Oh yes keep the red flag flying............



-

On Apr 16, 7:19*am, normanwisdom wrote:
I didn't follow the recent buy to let thread to the end. Did the OP go
for it and buy? I hope not in view of the current situation.
Good to see BTL getting the kicking it deserves

Why does it deserve a kicking?

and a lot of greedy
little capitalists getting their fingers burned!

You mean enterprising individuals who are prepared to do something
with their money rather than sponge off the state like many of their
tenants?

I don't suppose prices will fall too far, but the lower the better -
for (nearly) all of us in the long run.

Agree there. A 20 - 30% fall would be welcome here.

MBQ