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BTL advice please?

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    marathonic wrote: »
    What is this profit you speak of? :D

    In my mind its a word that gets overlooked in the rush to minimise tax liabilities.
  • marathonic
    marathonic Posts: 1,786 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    In my mind its a word that gets overlooked in the rush to minimise tax liabilities.

    Ah I get you now. As a person from Northern Ireland in a significantly falling market, it's something that CANNOT be overlooked.

    The yields are getting better on a monthly basis with falling prices but there is bound to be a support level hit sometime soon.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    marathonic wrote: »
    The yields are getting better on a monthly basis with falling prices but there is bound to be a support level hit sometime soon.

    Then there's future direction of interest rates to consider.

    There's a correlation between markets. Anybody assuming that today is the new norm may be in for a shock. As I suspect we have years of adjustment ahead. As banks still have minimum of 5 years in which to address their balance sheets.
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