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Tuesday, May 19, 2009

Buy-to-let is stranded in a desert and circled by vultures

The press continue to circulate the death of Buy-to-Let.

As I've mentioned before a blood bath could happen over the next couple of years if interest rates take off.

The vultures are circling the overstretched landlords with high LTV's who clambered for fame and fortune and over expanded portfolios in recent years.

CityWire reflects on the troubles of landlord world.

Money, money, money - it's so funny.

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