BTLs face a difficult year in 2010

mizzbiz

chucky wrote: »

cheap and very poor shot mizzbiz - i can say everything i need with this User Id in very own unique posting style... :T

Fair do's Chucky.

But Stiflersmom is NOT new to this forum - that much I can tell.

Pobby

mizzbiz wrote: »

Fair do's Chucky.

But Stiflersmom is NOT new to this forum - that much I can tell.

Oh no. Not the return of the dreaded sockies?

chucky

Pobby wrote: »

Oh no. Not the return of the dreaded sockies?

they have always been around - Stiflers mum is an old user with a new user name, like many others... :rolleyes:

Pobby

chucky wrote: »

they have always been around - Stiflers mum is an old user with a new user name, like many others... :rolleyes:

Do tell more!

chucky

Pobby wrote: »

Do tell more!

there are quite a few duplicate or multi posters on here.

punctuation, the same spelling mistakes, structure of paragraphs and structire of sentences - it's quite easy to tell who they are.

the_ash_and_the_oak

chucknorris wrote: »

I agree there will be some LL's who have problems but I don't think it will be many when expressed as a percentage of the whole mortgage market, far less than 1% IMO.

Not disputing this figure but what makes you say such a tiny figure?

carolt

Yes, chucknorris, do tell us your source.

the_ash_and_the_oak

Well he doesn't need a source imo - he was just expressing an opinion (Don't think you could really even have a source for something like that - how would you even define "trouble"?). I'm just curious why that he thinks that figure particularly

julieq

carolt wrote: »

Yes, chucknorris, do tell us your source.

Well, since we're on the subject of sources, the NLA, who were the sponsors of the research mentioned in the first post in this thread also sell insurance against rental arrears.

Now leaving outside the issue of blindly accepting the assertions of vested interests, which we are always being cautioned about by the bears, the cost of this insurance obviously gives an indication of the level of risk.

It's less than a tenner a month...

Against an average rental of around £850. So near as makes no difference, given there will be a margin in the insurance, the risk is costed about 1% of the income.

http://www.landlords.org.uk/services/nlarentguarantee.htm

carolt

I think you could have a source eg numbers in arrears, etc. I certainly remember statistics showing 40% I think it was of landlords having tenants having problems paying their rent.

It just seems such a tiny number, frankly I don't believe it for 1 minute. Which is why I'd like to see a source.