Sunday Papers - Buy-to-let

It seems that buy-to-let is flavour of the month according to a brief scour of the Sunday papers.  The Sunday Times has even devoted a 3 page spread in their Money Section devoted to the subject.  We get the usual.  A guy from Manchester who has become a property millionaire in a couple of minutes sorry years.  I'm guessing that this is not a net millionaire but he has racked up enough debt to own a million pounds of property.  Not the same by any means.  We have meaningless tips to profit from the buy-to-let boom and off course a meaningless comment from a 'celebrity' landlord - Penny Haslam (never heard of her) and of course a salutary warning from a landlord who has been stung by non-paying tenants.  Shock horror & thanks!  Off course there is a little bit promoting the Times ebook on buy-to-let and of course a guide to buy-to-let finance.

What does this all mean?  Well of course it means that property prices are rising so sewing the dreams of another generation of boom bust millionaires.  Our advice is to ignore the hype and plough your own steady furrow.

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