Dommed (Part: 14927)

**sasguru** · 11 October 2007, 21:37

Originally posted by Sockpuppet View Post

BTL Go Bye Bye: http://news.bbc.co.uk/1/hi/business/7040061.stm

You mean Buy Buy, shirley.

**KathyWoolfe** · 12 October 2007, 08:13

"Dommed er...Doomed?

(Part: 14927)"

PLease!.....no sexual perversions around here!!!!

**wendigo100** · 12 October 2007, 08:43

Originally posted by KathyWoolfe View Post

"Dommed er...Doomed?

(Part: 14927)"

PLease!.....no sexual perversions around here!!!!

Eh? What's sexual about that?

Oh, it's you...

**TheFaQQer** · 12 October 2007, 08:49

Originally posted by KathyWoolfe View Post

PLease!.....no sexual perversions around here!!!!

Which forum do you think you're on?

And

(Please!)

**TheFaQQer** · 12 October 2007, 08:50

Originally posted by wendigo100 View Post

Eh? What's sexual about that?

Oh, it's you...

BDSM springs to mind.

Quite often

**wendigo100** · 12 October 2007, 09:25

Originally posted by TheFaQQer View Post

BDSM springs to mind.

Quite often

Yes. It's Friday morning, I'm struggling to stay awake, and I sit next to a saffer woman.

**Bagpuss** · 12 October 2007, 09:30

"Most of us think that mortgages are priced off the Bank of England's base rate but they're not," says Merryn Somerset Webb, editor of Money Week.

"They're generally priced off the rate at which banks can borrow money from each other and that's gone up very fast as a result of the credit crunch.

Are people really this thick?

The Money Programme meets buy-to-let investors who are discovering that the rent on their properties is not high enough to meet the dual costs of the mortgages and their additional landlord costs, such as repairs and maintenance.

Derek Stobbs, who owns 13 properties in the Derby area, says he is losing about £6,000 a year on his portfolio.

He is relying on the profits from his other business to balance his books.

"It looks like I am going to have to subsidise them for a few years to come," he says.

It's very charitable of these people to subsidise people's rent.

Some investors have found that rents have actually fallen. And because so many properties are available, they have also had little capital appreciation when they sold their buy-to let investment.

Some experts think worse is still to come.

"If the rental yield mortgage comparison becomes more and more tricky and they don't expect capital growth they may be forced to put properties on the market, which may effectively accelerate the slow-down in house price growth," observes Jamie Dannhauser of Lombard Street Research.

Boomed etc.

Dommed (Part: 14927)