How many landlords are suffering a rental loss?
ie, Have less money coming in from rent than going out from mortgage interest repayments, repairs and maintenance costs, letting / management costs.
I have started a new poll asking this question - find it in the right hand column of this blog.
Please place your vote, but be honest so we can build up a real picture of the current situation for landlords.
We all know times are tough so let's help by sharing how tough it is.
Most landlords could not foresee the severity of this situation.
With many landlords falling out of discounted and fixed rate deals unable to fit new stringent BTL mortgage lenders lending criteria they are been forced to finance larger and larger mortgage interest repayments.
Post your comments and thoughts and let's see if we can share advice and experience to help each other weather this storm.
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