More bad news for landlords - today I'm talking repossessions

Yes, charged with the task of bringing good news to landlords I have to admit that I'm failing terribly.

Now I m bringing landlords stories of repossessions.

According to new data repossessions have doubled since the start of the credit crisis, with buy-to-let loans rising to a repossession rate of 0.16%.

With the rates of landlords in arrears with their btl mortgage payments rising to 1.1% the indications that the repossession rates for landlords will continue to rise from this relatively low rate.

More on landlords repossession and how to avoid it can be found in this article in the Telegraph.

Lets hope for some more positive news for landlords over the coming months.

Your darling Margo.