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Buy to let: double whammy for amateur landlords as flat rents fall

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    #11
    Originally posted by sasguru View Post
    At least the BTL'ers will have owned a property however fleetingly, which is more than you ever will.
    Oh forever? You mean until repossession as they can't let them out and can't switch mortgage due to negative equity?

    It must be great feeling to "own" property for a few years, then lose it and spend another 15 years repaying the debt

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      #12
      Originally posted by AtW View Post
      Oh forever? You mean until repossession as they can't let them out and can't switch mortgage due to negative equity?

      It must be great feeling to "own" property for a few years, then lose it and spend another 15 years repaying the debt
      Yes stay in the bedist claiming your dole money forever. That's the way forward.
      Hard Brexit now!
      #prayfornodeal

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        #13
        Originally posted by sasguru View Post
        Yes stay in the bedist claiming your dole money forever. That's the way forward.
        Is the state generous enough to pay enough dole money to afford living alone in a 4 bedroom house in a nice part of the city? I would not know since I never asked.

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