Buy-to-let: What all landlords need to know
August 24, 2007 on 3:39 pm | In News |They’re no longer easy money, but rental homes can be good earners. Norman Miller has the essential tips for beginners. For many years, buy-to-let seemed to be a dream investment – and for many people, it was. The deal was simple: get a cheap mortgage deal, buy a place anywhere you like from Clapham to Cleethorpes, select one of the many grateful tenants, and while you let the rent roll in you could watch capital values grow by 20 per cent a year.
But since the end of last year the equation has not been quite so simple. Interest rate rises have eaten into those easy profits, and warnings are being sounded that property prices may not carry on rising fast for much longer. Has the bubble burst? Well, no - full article
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