What has happened to this forum?!!!

silvercar

An article in "The Times" recently, second homes were cast as the evil influence on the housing market as they take a home out of the total available homes, whereas BTL doesn't remove a house from the total stock; accepting that it does provide a rental home rather than a home owner.

zebulon

3under3 wrote: »

In brief, general sentiments as follows...
BTLer in trouble - don't even bother posting you'll be hammered

Seller not selling - price unrealistic hadn't you realised?

Buyers who bought less than two years ago in trouble - own fault for not reading the market correctly

Buyers who bought 3+ years ago - generally ok unless try to sell (as above)

FTB about to buy - mad as a hatter as prices falling

Renters/STRers/living at home saving for deposits - best course of action all round.

:rotfl:


i guess everybody is a bit tense - holidays are much needed
(in your garden, because what with petrol prices going up by the minute... arrgg it's all a bit gloomy innit)

m00m00

I've mentioned Kübler-Ross stage 1 a lot , Denial

now we are starting to see stage 2

The stages are:

1. Denial:
   • Example - "I feel fine."; "This can't be happening."
2. Anger:
   • Example - "Why me? It's not fair!" "NO! NO! How can you accept this!"

bobby-boy_2

Brit 123 to say you did not go into the BTL market because you are educated seems to suggest that anyone with a BTL mortgage is uneducated. I agree with you that mortgage fraud, gift deposit and mortgages above valuation are a recipe for disaster not every BTL landlord did this. If as you say the investor understands vulnerability then BTL can be a good LONG TERM investment.
I did do the research and understood the risks but made sure my LTV was never more than 85%. just because you don't agree with an investment strategy does not make the strategy wrong. You may for instence have a pension plan, i don't believe in this strategy but I am not calling you names because you chose to go down this route.

trudiha

iolanthe07 wrote: »

There just seems to be such a lot of anger almost everywhere at the moment. It is so sad.

True, if only people would drink a little more fruit tea the world would be a happier place.

ali82

bobby-boy wrote: »

Brit 123 to say you did not go into the BTL market because you are educated seems to suggest that anyone with a BTL mortgage is uneducated. I agree with you that mortgage fraud, gift deposit and mortgages above valuation are a recipe for disaster not every BTL landlord did this. If as you say the investor understands vulnerability then BTL can be a good LONG TERM investment.
I did do the research and understood the risks but made sure my LTV was never more than 85%. just because you don't agree with an investment strategy does not make the strategy wrong. You may for instence have a pension plan, i don't believe in this strategy but I am not calling you names because you chose to go down this route.

Exactly!! each to their own

churchrat

zebulon wrote: »

there also seems to be quite a fair share of people who ask questions but do not like when answers are not what they want to hear...

I agree that respect is important - in how something is "said"
(and because it is writing, its tough, something can easily be interpreted differently than what was intended...if you see what i mean...)

absolutly agree with that, I think the problem is with the responders who intend to be rude but dress it up in "polite" language.I think I prefer the posters who are out-andout rude, at least they have the courage (idiocy?) to say what they really think.

PasturesNew

And sometimes people just read posts the wrong way then get narky.
Whether that's the OP or some subsequent reader/poster.

Then it's a free for all.

I tend to stay out of them.

carolt

Captain_Mainwaring wrote: »

And you wonder why people pick up on comments like that.

Take it you didn't have the guts to have a go at BTL then?

Think she was joking. It made me laugh.

No-one would hurt a lovely fluffy puppy, surely?

Jonbvn

The 1st rule of internet forums:

NEVER, EVER, EVER take anything personally.