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Debate House Prices
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Rents Rising Again
Comments
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Having read another report earlier on the issue that many more LL'a are actually losing money now, I have to wonder if the whole housing market, that is rental and buying has reached it's peak. So one has to wonder where does it go from here?0
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Does anyone more realible than a property services company collect figures on rent levels? Anything ever collected/released by government or the ONS?0
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I see now why rent has to go up. It's because BTL LL's need to try to reduce the level of their losses.0
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It depends where you live. For instance, according to this rents are up in London, West Mids & SW but down in SE & Wales0
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shortchanged wrote: »Having read another report earlier on the issue that many more LL'a are actually losing money now,
No, you read a report saying that portfolio landlords making losses increased from 1 to 8 pc.0 -
Mr._Pricklepants wrote: »No, you read a report saying that portfolio landlords making losses increased from 1 to 8 pc.
Oohhh, why is that then?0 -
shortchanged wrote: »Oohhh, why is that then?
The article is specific about portfolio landlords. You draw a conclusion about the whole BTL market, why is that then?0 -
Mr._Pricklepants wrote: »The article is specific about portfolio landlords. You draw a conclusion about the whole BTL market, why is that then?
Well I wonder what the results would show for all BTL's?
Do you think it would paint a rosy picture for smaller BTL ventures?0 -
shortchanged wrote: »Well I wonder what the results would show for all BTL's?
Do you think it would paint a rosy picture for smaller BTL ventures?
To be honest, I have no idea.
I have no BTL's nor am I a portfolio landlord, so I'm not trying to ramp anything.
Maybe there are extra costs (property management, group insurance policies etc...) that make the portfolio business less lucrative?0 -
Mr._Pricklepants wrote: »To be honest, I have no idea.
I have no BTL's nor am I a portfolio landlord, so I'm not trying to ramp anything.
Maybe there are extra costs (property management, group insurance policies etc...) that make the portfolio business less lucrative?
Or more likely there's so few of them it's a statistical quirk and will settle down next quarter.“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”0
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