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Debate House Prices


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The property market is ready for take-off

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Conrad wrote: »
    Investing in B2L now means fixing into long term very low rates, with rents and values rising.
    Any investor not recognising this truly isn't an investor.

    B2L is a business not an investment.

    Financial illiteracy is one of the greatest dangers facing the UK today.
  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Looks like BTL is playing a major part in the property sector..
    The rise in BTL mortgages has been dramatic in the last decade or so...almost a balancing act with the lack of FTBs....
    As far as I can see you can rent a property costing 50-60% of your monthly salary...but you wouldn't get a mortgage on similar terms..
    The government and BoE will know all this so they are satisfied at the moment with the situation....keeping the market steady.

    buytolet.jpg

    graph.jpg
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    coastline wrote: »
    The government and BoE will know all this so they are satisfied at the moment with the situation....keeping the market steady.



    Banks are happy to. As BTL borrowers are better risk than FTB's. Having put down (a) a sizable deposit (b) being existing homeowners.

    So banks have adequate cover (insurance) against market falls should they occur.
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