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CBS Offering BTL fixed at 3.99 for 5 Years

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    I'd wait and see, not fix
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    If we had a proper government in power all BTL slum landlords would have to pay at least 10% interest per year.
  • adr0ck
    adr0ck Posts: 2,376 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    fatpig wrote: »
    If we had a proper government in power all BTL slum landlords would have to pay at least 10% interest per year.

    what a piggish comment
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    this is good news to see rates dropping even further - i'm having to re-mortgage shortly and these new rates will do wonders .

    same rent for less repayments on my BTL mortgage = higher return for me :)
  • abaxas
    abaxas Posts: 4,141 Forumite
    chucky wrote: »
    this is good news to see rates dropping even further - i'm having to re-mortgage shortly and these new rates will do wonders .

    same rent for less repayments on my BTL mortgage = higher return for me :)

    And more tax for the government :P
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    And more tax for the government :P

    really!? you'd have to making a "profit" in the first place...
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    this is good news to see rates dropping even further - i'm having to re-mortgage shortly and these new rates will do wonders .

    same rent for less repayments on my BTL mortgage = higher return for me :)

    Chuckie, I hadn't really fancied this BTL lark, seemed like to much hassle, I may change my mind however as there seems to be some easy returns to be made.
    Any tips? :j
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • abaxas
    abaxas Posts: 4,141 Forumite
    StevieJ wrote: »
    Chuckie, I hadn't really fancied this BTL lark, seemed like to much hassle, I may change my mind however as there seems to be some easy returns to be made.
    Any tips? :j

    Just remember that is you let out any property they tennant knows you home address.

    That is all I'm going to say.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    Just remember that is you let out any property they tennant knows you home address.

    That is all I'm going to say.

    or business address - so what's your point?
  • abaxas
    abaxas Posts: 4,141 Forumite
    chucky wrote: »
    or business address - so what's your point?

    At least u know where to go at 2am when something breaks :P
This discussion has been closed.
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