BTL Boom continues

Emy1501

wotsthat wrote: »

It can and will.

It was mentioned the other day that the average property is now £40k or so off peak. This has been great for BTL - increased rental demand, less competition for suitable property and lower prices.

BTL's tend to have much lower LTV's so we're seeing property being concentrated into the hands of the rich and paid for by the poorer.

The bears dream didn't quite translate to reality did it?

Brit, Macaque, Foxy et al will all be delighted with falling prices. They're sat on deposits and don't actually give a s**t despite the fake hand wringing we get subjected to.

What's the dream? Bears like everyone else are interested in their own agenda. They want prices to fall so they can get a cheap house. They are not overly worried about the wider public.

It bit like those who want lending relaxed to help FTB again they are not interested in FTBs they are just looking for a way to increase the price of their assests

Graham_Devon

chucky wrote: »

Sound bite, no sorry I leave that to those who can't help themselves, always putting your foot in it before checking the facts.

Here's a search on the forum for Landlord arrears
http://forums.moneysavingexpert.com/search.php?searchid=126103237
And another one here for BTL arrears
http://forums.moneysavingexpert.com/search.php?searchid=126103547
There are lots of examples for you find sme of the usual suspects there...

Do about want to try again with any more of your valueless posts?

Talk about riddles.

Even your links don't work and show no results.

I'll ask again. Has anyone suggested what you said they have? The answer appears to be no.

chucky

Graham_Devon wrote: »

Even your links don't work and show no results.

I'll ask again. Has anyone suggested what you said they have? The answer appears to be no.

Ok then if you say so, links work fine for me.

abaxas

Lambs to the slaughter of easy tax pickings.

IveSeenTheLight

chucky wrote: »

Ok then if you say so, links work fine for me.

Hey Chucky,
the links don't work for me either.
It returns a "Sorry - no matches. Please try some different terms." box.

Might be best to do a screen dump or link direct posts as your backup

To the OP
I've said for quite some time now that unfortunately we are seeing a shift to lower owner occupancy levels and an increasing of renters.

Of course it can continue, how long for? We'll that appears to be dependant on the wider availability of credit for those wishing to borrow.

chucky

IveSeenTheLight wrote: »

Hey Chucky,
the links don't work for me either.
It returns a "Sorry - no matches. Please try some different terms." box.

Might be best to do a screen dump or link direct posts as your backup

To the OP
I've said for quite some time now that unfortunately we are seeing a shift to lower owner occupancy levels and an increasing of renters.

Of course it can continue, how long for? We'll that appears to be dependant on the wider availability of credit for those wishing to borrow.

Thanks ISTL.

If you go to Forum Search and enter "BTL Arrears" or "Landlord Arrears" for this board it will return results from posts from the likes of Geneer, Devon and Brit et al.

I can't be bothered to post links as we'll have the usual twisting and squirming. As you can already see Devon would rather not discuss the subject of the thread he started.

Emy1501

IveSeenTheLight wrote: »

Hey Chucky,
the links don't work for me either.
It returns a "Sorry - no matches. Please try some different terms." box.

Might be best to do a screen dump or link direct posts as your backup

To the OP
I've said for quite some time now that unfortunately we are seeing a shift to lower owner occupancy levels and an increasing of renters.

Of course it can continue, how long for? We'll that appears to be dependant on the wider availability of credit for those wishing to borrow.

There is no evidence that high owner occupancy is good for a county and the eurozone countries show that. New lending practises will continue to reduce home ownership which is probably a good thing in th long. The US has shown what happens when you try to open up homeownership to everyone and anyone

the_flying_pig

It is, as the article says, a mini-boom, with the emphasis on mini. Nowhere near peak activity or prices.

Looking at the news yesterday one has to wonder whether the axe being taken to public sector pensions hasn't encouraged a fair number of better-off PS workers to consider alternatives, BTL presumably one of them...

DervProf

chucky wrote: »

Ok then if you say so, links work fine for me.

It's OK you being able to use the links, but isn't the idea that they work for others ? They don't work for me either.

chucky

DervProf wrote: »

It's OK you being able to use the links, but isn't the idea that they work for others ? They don't work for me either.

That's true but I'm sure you know how to use the Forum Search function. Go to my post to ISTL to give you a hand.

It's refreshing to see you would rather discuss the quality of a couple of URL links instead of the thread subject about BTL'ers taking advantage of falling prices.