Debate House Prices


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BTLs face a difficult year in 2010

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  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StiflersMom wrote: »
    So why not Sell To Rent now, like the other HPC muppets?

    Because it's my home?
  • StiflersMom
    StiflersMom Posts: 112 Forumite
    Yes - but if you really believe all the cr*p you post on here, you could sell your home, and rent something so much better and then buy an even nicer home in 2 years by profiting from everyone else's tomfoolery?

    So why don't you grow a pair of balls and do this?

    I think we know why. It's all bluff . If it's really the best time to sell, then why the hell aint you selling?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Because it's not the best time to sell?
  • the_ash_and_the_oak
    the_ash_and_the_oak Posts: 1,636 Forumite
    chucky wrote: »
    not me - bought three times in the last 15 months

    You sold 2 BTLs in 05/06 and bought 3 in 08/09?
    Prefer girls to money
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    the_ash_and_the_oak wrote: »
    You sold 2 BTLs in 05/06 and bought 3 in 08/09?

    yes - two BTL's in 2008 and residential in 2009

    the key was one BTL is on BR+0.39% and the other on 5.7% 5 year fix
    residential on 4.69% on a 5 year fix

    on higher rates i wouldn't have bothered
  • wageslave
    wageslave Posts: 2,638 Forumite
    chucky wrote: »
    yes - two BTL's in 2008 and residential in 2009

    the key was one BTL is on BR+0.39% and the other on 5.7% 5 year fix
    residential on 4.69% on a 5 year fix

    on higher rates i wouldn't have bothered

    What kind of landlord are you? Seriously.
    Retail is the only therapy that works
  • StiflersMom
    StiflersMom Posts: 112 Forumite
    wageslave wrote: »
    What kind of landlord are you? Seriously.

    Sounds like one that understands the difference between financial and operating risk, which so many of the HPC muppets on here struggle with

    seriously
  • the_ash_and_the_oak
    the_ash_and_the_oak Posts: 1,636 Forumite
    chucky wrote: »
    yes - two BTL's in 2008 and residential in 2009

    the key was one BTL is on BR+0.39% and the other on 5.7% 5 year fix
    residential on 4.69% on a 5 year fix

    on higher rates i wouldn't have bothered

    ah right, I thought so but wasn't sure if I'd got it right
    Prefer girls to money
  • StiflersMom
    StiflersMom Posts: 112 Forumite
    chucky wrote: »
    ...one BTL is on BR+0.39% ...

    Well done on getting that rate. You must be raking it in on that one !

    Good for you

    :j
  • wageslave
    wageslave Posts: 2,638 Forumite
    StiflersMom wrote: »
    Sounds like one that understands the difference between financial and operating risk, which so many of the HPC muppets on here struggle with

    seriously

    I sort of meant how did he treat his tenants.

    Silly question really
    Retail is the only therapy that works
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