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Crashy_Time

buggy_boy wrote: »

Halifax say house prices are 2.2% higher than in the same three months last year? Yes there was a monthly change of -0.6% but its the time of the year, if you actually look at last years monthly change for January it was -1.6%. Yes stats can be spun, the best stat is Land registry, as that is based on sale prices which although a little lagging is reporting house prices up 5.1% (Likely to be reduced by the time it catches up because of the winter slowdown but still expect a positive figure)

BTL figures have gone down but its hard to understand as BTL has switched to being in Limited companies... BTL will be a slow sell of from those that the new tax will affect the most, those that are not highly leveraged like myself actually see a way to grow, im currently looking for another BTL but will buy in a limited company structure.

Government can change the rules on BTL in a LTD Co. anytime, they know there are votes and money in landlord milking. They will probably let as many people that want to get set up as Ltd Co`s, and then change the tax rules again IMO.