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London rental market booming!!! Rents going through the roof!!

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Comments

  • brit1234 wrote: »

    Why should landlords be charging sky high rents when in reality they have been given a massive gift of 0.5% interest rates at the expense of savers.

    You are of course quite right... Does your comment mean it will be OK for Landlords to increase rents as & when (OK then, when..) interest rates increase??

    Cheers!

    Artful

    PS I remember having a mortgage shortly after Thatcher grabbed power & interest rates his 17% (yes, s-e-v-e-n-t-e-e-n percent..). It was painful....
  • Gwhiz
    Gwhiz Posts: 2,322 Forumite
    Part of the Furniture Combo Breaker
    socrates wrote: »
    Loads of drivel as usual.

    You do not want them to make a profit but are happy when rates go up and they will be making a loss.

    How do you know what each individual LL's mortgage rates are and if the 0.5% is helping them or not?

    Whats your solution?

    He has no solution because he has no brain. As you say, drivel!
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