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Monday, October 10, 2011

BTL is 'back for good'

BTL seems to be echoing Gary Barlows triumphant rise from the land of mockery and derision.

The 'BTL is dead' doomsayers from a few years back (ie, sensationalism seeking journalists ) are now queuing up to write follow up 'rising from the ashes' diatribe.

As if BTL was ever dead, that's like saying living under a roof with four walls is over.

However one interesting fact that I did note from this 'weekends Daily Mail farcicle' was the scale of the differing resurgence in the mortgage markets.

With buy-to-let lending growing 72 per cent since the first quarter of 2009 when the mortgage market hit rock bottom in contrast to the 12 percent seen in the growth of lending to first time buyers.

Take that and party!

Discounted landlord insurance from Alan Boswell

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