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| Buy-to-let fuels house price boom http://www.x404.co.uk/forum/viewtopic.php?f=19&t=19673 |
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| Author: | pcernie [ Thu Aug 08, 2013 11:57 pm ] |
| Post subject: | Buy-to-let fuels house price boom |
Lending to landlords topped £5bn in the past three months, a period that preceded the Bank of England's pledge this week to keep interest rates low for the next three years. More than one in 10 mortgages are now being handed to a would-be landlord while first-time buyers are still struggling to get on the housing ladder. http://www.theguardian.com/money/2013/a ... -mortgages 
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| Author: | Amnesia10 [ Fri Aug 09, 2013 6:50 am ] |
| Post subject: | Re: Buy-to-let fuels house price boom |
So business as usual. |
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| Author: | jonbwfc [ Fri Aug 09, 2013 8:18 am ] |
| Post subject: | Re: Buy-to-let fuels house price boom |
/facepalm |
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| Author: | Spreadie [ Fri Aug 09, 2013 9:28 am ] |
| Post subject: | Re: Buy-to-let fuels house price boom |
It would cost me more to rent a property similar to mine than is does to buy it (including buildings and life insurance). The housing market is the UK is permanently FUBAR, because any measures taken to get it under control would cripple the buy-to-let landlords (who now number in the hundreds of thousands, apparently). I seriously doubt my children will ever be able to buy a house. |
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| Author: | Amnesia10 [ Fri Aug 09, 2013 9:42 am ] | |||||||||
| Post subject: | Re: Buy-to-let fuels house price boom | |||||||||
Not without help from you. |
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| Author: | mikepgood [ Fri Aug 09, 2013 10:20 am ] |
| Post subject: | Re: Buy-to-let fuels house price boom |
I'm a buy to let landlord. In the fortunate position that some endowments actually paid out and was able to buy somewhere for my son to live at Uni. Another student shares, which covers the costs and brings in more than I would get in interest. Plus it's the north east where prices are lower. |
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| Author: | pcernie [ Sat Aug 10, 2013 9:53 pm ] |
| Post subject: | Re: Buy-to-let fuels house price boom |
Families priced out of London homes as mortgage lending soars http://www.theguardian.com/society/2013 ... elp-to-buy |
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| Author: | bobbdobbs [ Sun Aug 11, 2013 10:01 am ] | |||||||||
| Post subject: | Re: Buy-to-let fuels house price boom | |||||||||
Sent from my GT-I9505 using Tapatalk 4 |
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| Author: | Amnesia10 [ Sun Aug 11, 2013 10:36 am ] | |||||||||
| Post subject: | Re: Buy-to-let fuels house price boom | |||||||||
It is just moving further up the income scale. |
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