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Thursday, June 11, 2009

BTL repossessions rise as landlords bubble pops

Just as I've been predicting for months now - the buy-to-let bubble is starting to pop - with the BTL bubble within a bubble getting some initial protection from landlords other revenues and own home equity.

Now the repossessions in BTL are starting to surface.

Funnily enough the internet is full of deluded BTL investors / BMV agents / NMD agents / nutters / ostriches that still think BTL is a no lose investment.

What a wonderful world this is.

Unlike most landlord websites we like to be honest about the reality, and for many landlords things will continue to get worse.

Good luck to landlords struggling to make both ends meet.

Read more of the growing levels of BTL repossessions

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