Hi
An interesting stat for all those (Helloooo - anyone out there?!) who still see the long term value in BTL in the UK...despite the current price falls...
"According to Abbey, over 800,000 homeowners are currently planning to sell their homes and move into rented accommodation. When house prices reach their nadir, they’ll purchase new properties."
And some food for thought:
'Rents have increased by 13.8% in the past year, according to the National Landlords Association. If this trend continues, potential profits from buy-to-let investments - bought at bargain prices - could be significant indeed.'
Cheers
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