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Debate House Prices
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Would you buy a buy to let at the moment
Comments
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Harry_Powell wrote: »I'd love to know the REAL background for some of the resident bears. Do they all live in the back bedrooms and cellars of their parents, surrounded by tins of beans and wearing tin hats?
I've never 'seen' such a risk adverse set of people. No wonder they don't own houses, they haven't the snuff to make anything of themselves because they're too busy quaking in their boots and posting their trash on internet websites trying to make other people as scared of life as they are. It's sad really.
Risk adverse? What do you call taking a financial risk?0 -
Buying a house.Thrugelmir wrote: »Risk adverse? What do you call taking a financial risk?
Buying shares.
Investing in a pension.
Buying a lottery ticket.
Betting on a horse.
Etc., Etc........:DNothing is foolproof, as fools are so ingenious!
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The good news continues.
http://www.moneymarketing.co.uk/mortgages/paragon-predicts-rally-in-btl-and-plans-return-to-lending/1013177.article
Seems they ran out of funds in 2008, but are confident / hopeful that some funds will be available, at some point in the future, not right now, but soon, although the market's a bit of a drag, but sunny times ahead.0 -
More good news. B&B are still lending. Can't see why fuddy duddy old Barclays are getting upset about it.
http://www.moneymarketing.co.uk/news/bradford-and-bingley-and-barclays-in-battle-over-buy-to-let/55746.article0 -
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"Paragon announced an 83 per cent increase in profits for the six months ending March 31"The good news continues.
http://www.moneymarketing.co.uk/mortgages/paragon-predicts-rally-in-btl-and-plans-return-to-lending/1013177.article
Seems they ran out of funds in 2008, but are confident / hopeful that some funds will be available, at some point in the future, not right now, but soon, although the market's a bit of a drag, but sunny times ahead.
Looks like the sunny times are here already.
Quick lads! Back to the trenches!!!!!Nothing is foolproof, as fools are so ingenious!0 -
Indeed, and here's another reputable company in the game...tartanterra wrote: »"Paragon announced an 83 per cent increase in profits for the six months ending March 31"
Looks like the sunny times are here already.
http://www.oceanbuytolet.co.uk/Buy-To-Let-Remortgage.asp0 -
"Even if you have an adverse credit history"Indeed, and here's another reputable company in the game...
http://www.oceanbuytolet.co.uk/Buy-To-Let-Remortgage.asp
:eek::eek::eek::eek::eek::eek::eek:Nothing is foolproof, as fools are so ingenious!0 -
Yup. Such sunny times they can't even lend at the moment.
Tartanterra, haven't seen you around much. But you seem to be even more optimistic than some of our other residents. Can I ask whether you yourself are invested in property?0 -
tartanterra wrote: »Buying a house.
Buying shares.
Investing in a pension.
Buying a lottery ticket.
Betting on a horse.
Etc., Etc........:D
Full house here
'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 Thatcher0
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