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Started by loanarranger, 23-12-2015, 19:43 PM
419 responses
25,840 views
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Last Post loanarranger  
Started by Marty115, 09-09-2020, 21:44 PM
13 responses
247 views
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Last Post Chester Perry  
Started by Irisirene, 23-09-2020, 19:54 PM
13 responses
123 views
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Last Post theartfullodger  
Started by Berlingogirl, 18-09-2020, 11:54 AM
7 responses
123 views
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Last Post jpkeates  
Started by gnvqsos, 17-09-2020, 07:45 AM
39 responses
516 views
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Last Post jpkeates  
Started by Iceboy74, 17-09-2020, 12:58 PM
4 responses
75 views
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Last Post Iceboy74  
Started by theartfullodger, 16-09-2020, 07:20 AM
4 responses
66 views
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Last Post theartfullodger  
Started by Mark Darlington, 15-09-2020, 13:31 PM
5 responses
59 views
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Last Post Lawcruncher  
Started by mrsilver, 09-09-2020, 20:29 PM
10 responses
119 views
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Last Post Gordon999  
Started by gomo, 11-09-2020, 08:18 AM
4 responses
27 views
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Last Post jpucng62  
Started by ab54666, 08-09-2020, 13:42 PM
5 responses
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Last Post ab54666
by ab54666
 
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  • Reply to Selling half of portfolio
    by Chester Perry
    The very place I am at. Currently starting a top to bottom refurb of trashed empty property Ive just got back and undecided whether to sell, re let or just leave empty on completion....
    24-09-2020, 13:42 PM
  • Selling half of portfolio
    by Marty115
    Hi all,

    I got into the market all at once between 2017-2018, paid a fair amount in stamp duty. I got into this as a long investment but looking into all the facts and figures and it just doesn't seem good enough. Stamp duty payments have pretty much cancelled out my appreciation. I get...
    09-09-2020, 21:44 PM
  • Reply to Is it a good time to buy a buy to let?
    by theartfullodger
    Iris. We can give you an accurate answer in 5 or 10 years time. Anything else a guess. But with covid19 & be++it I'm expecting rough times.

    Bozo the clown's new son is holidaying on lake Como. Gives you confidence in our esteemed government?
    24-09-2020, 13:33 PM
  • Is it a good time to buy a buy to let?
    by Irisirene
    Hi, I am new to the btl. What does everyone think about a buy to let on the current economic situation?

    We have 75% equity in our property and we are thinking about doing a buy to let, the uncertainty in the current market does worry us but it seems like a waste if we don’t make use...
    23-09-2020, 19:54 PM
  • Reply to Is it a good time to buy a buy to let?
    by Jon66
    You are not inexperienced and know the difficulties and the market.

    I would not mortgage or remortgage my main residence for a buy to let at the moment and I'm experienced.
    If values fall as some predict you could be stuck with loan to value being high and unable to secure best rates....
    24-09-2020, 13:03 PM
  • Reply to Is it a good time to buy a buy to let?
    by Berlingogirl
    Sometimes I think now is a great time to get another BTL and then sometimes I don't. However, a property has come up next one I already own and it's in a good position re: railway, buses, Mways, shops and banks. It is a 2/3 bed with off street parking and cellar. I'm going for it....
    24-09-2020, 12:48 PM
  • Reply to Is it a good time to buy a buy to let?
    by doobrey
    Agreed. This sort of legislation seems the main reason for caution at the moment. I would say LL's risk exposure is higher now than it has been for a very long time, and there is no sign of that changing any time soon....
    24-09-2020, 08:41 AM
  • Reply to Is it a good time to buy a buy to let?
    by Celibin
    I meant more like Abolition of Section 21 Where is the govt plan on this?. Capital gains changes is something that can never be really predicted for the future
    There is quite a lot of scaremongering re all these things . House prices have always gone up and down...
    24-09-2020, 08:09 AM
  • Reply to Is it a good time to buy a buy to let?
    by Irisirene
    Thank you all for your wisdom

    I hope I don’t sound silly, isn’t it relative?
    As we will be using our equity from our property to buy a second property when the market the price falls the value of our property with fall too?

    Celibin
    Have you considered legislative...
    24-09-2020, 07:27 AM
  • Reply to Is it a good time to buy a buy to let?
    by Celibin
    If you think over the longer term that there will be tenants to pay the rent then do it.
    Provided you are not forced into selling as you cannot let then you will be fine as whatever happens longer term the recession will eventually end and prices recover.
    Have you considered legislative...
    24-09-2020, 06:07 AM
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