We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Buy to let: double whammy for amateur landlords as flat rents fall
carolt
Posts: 8,531 Forumite
http://www.telegraph.co.uk/finance/personalfinance/investing/5241226/Buy-to-let-Double-whammy-for-amateur-landlords-as-flat-rents-fall.html
Rents for flats have fallen for the sixth month in row in another blow for amateur landlords who bought new build flats in the hope of making a quick killing.
Rents for flats have fallen for the sixth month in row in another blow for amateur landlords who bought new build flats in the hope of making a quick killing.
0
Comments
-
Needs posting in mortgages/endowments also,just incase anyone misses it from here and in housebuying also.Official MR B fan club,dont go............................0
-
There are some landlords in the MFW board who might have missed it too.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Yields have gone up, massively, though, but I guess that's not quite so good a story?0
-
and the article goes on to say rents on houses have increased....I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
-
Odd that carolt neglected to mention those facts. :think:Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »Odd that carolt neglected to mention those facts. :think:
She seems to have quoted the bit that sounds best?Official MR B fan club,dont go............................0 -
No - not odd - I actually refrained from any sort of comment at all.
I simply quoted the title and by-line - ie I quoted the bit the Telegraph sub-editor decided in his/her wisdom was "best". For who am I to disagree?
Here are a couple of selective quotes to make those who like them happy:
"Across both property types, rents averaged £819 a month during April, down from £827 in March and more than £50 less than the £873 that landlords received in April last year."
"It said the high level of supply showed that it was still a tenants' market, and as a result, rents were not expected to begin rising until the second half of this year at the earliest."0 -
Why have you posted the same thread in two different boards?Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
To pre-empt the point when people say "oh, but this should have been posted on the Renting board", and vice versa.
Oh, and because I thoought it was such a good story.0 -
Oh right. Naturally.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards