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 booms as investors seek higher returns

http://moneyfacts.co.uk/news/mortgages/buy-to-let-booms-as-landlords-reveal-growth-plans230911/
The recent boom in the buy-to-let market shows few signs of slowing after landlords revealed they plan to carry on buying properties next year.

http://www.thisislondon.co.uk/standard-business/article-23990298-flush-brits-seek-returns-in-buy-to-let-property-deals.do
Tumbling stock markets are rekindling the British love affair with property amid a revival in buy-to-let lending, the British Bankers' Association said today.

Its comments chime with healthier business among buy-to-let lenders such as Paragon, with cash-rich buyers tempted into property by the promise of high rental yields while interest rates are at record lows.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
«1

Comments

  • The BTL Market is dead didn't you know smiley-rolleyes010.gif
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Buy to let is fine.

    It's borrow to let which is f*cked.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    From a personal perspective, I see that rental yields have increased by 50% or so, since the top of the market in 07/08.

    I bought in again a few months ago, and its doing very nicely thank you !
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I won't be buying any more residential but I am looking at commercial properties, although I probably won't dip my toe into the water for some time yet.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • de1amo
    de1amo Posts: 3,401 Forumite
    1,000 Posts Combo Breaker
    edited 23 September 2011 at 4:10PM
    interesting to know--what is the aim of BTL! is it long term equity increase or rental yield?(or both)--talking a span of 18 years in my case--and how does CGT impact the termination--

    İn this market with lending criterior as it is equity growth will be non existant for a fair time-why would there be a boom!
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    de1amo wrote: »
    interesting to know--what is the aim of BTL! is it long term equity increase or rental yield?(or both)--talking a span of 18 years in my case--and how does CGT impact the termination--

    İn this market with lending criterior as it is equity growth will be non existant for a fair time-why would there be a boom!

    You could consider living in the property for a while as this has a big impact on CGT.
  • de1amo
    de1amo Posts: 3,401 Forumite
    1,000 Posts Combo Breaker
    problem is i will go expat one day as i live abroad which doesnt make 'flipping' properties viable!
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
  • The recent boom in the buy-to-let market shows few signs of slowing after landlords revealed they plan to carry on buying properties next year.

    Inevitable.

    Boomers making out like a bandit while mortgage rationing holds back the young.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Not knocking this article or the following posters.

    BUT.

    Howcome when oil prices rise, many people (including those invested in housing) that it will pop.

    Howcome when gold rises, nearly every single person invested in housing, detests it so much, they actively campaign to get those invested silenced.

    Yet when it comes to BTL, and prices excelling above inflation and wage rises....its all good, and will just rise from here with no end in sight? I say keep it rising. The worse it gets, the closer we will be to proper regulation and sorting it out for once and for all. Just feel sorry for all the vulnerable families in the meantime.
  • geneer
    geneer Posts: 4,220 Forumite
    Inevitable.

    Boomers making out like a bandit while mortgage rationing holds back the young.


    I suspect there will be a fair number of boomers looking at the returns in their pension pot who won't quite feel like the bandits you make them out to be.

    Given Inflationary environments and financial meltdown, its inevitable.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.8K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 245.9K Work, Benefits & Business
  • 601.9K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.