Mortgage Update - 19/11/04
Buy to Let Still Strong - even with
possible house price falls
A lot of attention has focused recently
on the 'slowdown' in the rate of property
price rise. The Bank of England
expects prices to "fall modestly
for a period" (read the
Money Telegraph story) While some
may have expected landlords to stop buying
property, we have seen a continual number
of applications going to lenders, and
many experienced landlords are still investing.
These landlords are usually buying for
a particular market i.e. office workers,
housing associations, and thoroughly research
their rental returns. Read
more...
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