Friday, August 29, 2008
Here are some landlord news articles I picked up to add to the endless bad news for the world of Buy-to-let property landlords.
I charged myself with the challenge of bringing landlords good news through these times of 'credit crunch' but unfortunately having returned from three weeks in France I have found only bad news for landlords including todays news of Bradford and Bingleys record losses. This doesn't bode well for any recovery in the property market anytime soon.
Anyway I thought I'd get the bad news for us poor landlords out the way in one go.
Landlords struggle to meet repayments according to the Daily Mail article.
Rental demand has increased but so has rental supply reducing potential rental increases according to the Independent.
Difficulties for landlords trying to obtain btl mortgage finance increases with criteria from mortgage lenders becoming evermore difficult for landlords to meet in this Guardian article.
Well theres the bad news - for now.
Posted by Margo Leadbetter at 2:31 PM