buy to let is in the United Kingdom remains a good investment?
everything seems so expensive at the moment, i do not see how people get on the scale property. but I think this is a unique moment as buy to let mortgages are more readily available than ever. to buy to let owners are sitting on a pile of goods that are unlikely to sell for a long time since there would be a lot of taxes to be paid and a lot have remortgage to buy more properties thus giving them a negative net worth considering that the tax paid for sale. Also where else would they invest more potential for someone else to pay the investment? I have heard interest rates are still quite low, but forecast to increase 6 percent by year's end, still not ridiculous then what do you think is still a good investment? if so any idea where I should buy?
From Today we talk about interest rates rise next month and with it the mortgage payment. I am no expert, but watching the performance in the last 10 years I think bubble will burst, is the law of averages can not keep things going higher and higher, we must fall in the end. Also you have to take into account that there will be a choice in short, no more, Gordon Brown, perhaps. Everything is a bit complex at the time, but good luck anyway.
Buy-To-Let scammers crying over their financial losses (10Jun09)
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