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Reply to: Is it too early ...

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Previously on "Is it too early ..."

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  • eek
    replied
    Originally posted by WTFH View Post
    Wait a few weeks - if the rates go up then those who have interest only mortgages on multiple properties will start to feel the pain. I suspect a few will start to appear on the market soon.
    Rates are going down to 0%.... Normal rational interest rate policy was binned in 2008 and isn't coming back soon.

    Personally I think property needs to be no more than x times average earnings and returning a decent return for the risk involved.

    I got out in 2005 and aren't coming back in this market...

    Leave a comment:

  • WTFH
    replied
    Wait a few weeks - if the rates go up then those who have interest only mortgages on multiple properties will start to feel the pain. I suspect a few will start to appear on the market soon.

    Leave a comment:

  • Support Monkey
    replied
    you need to get in quick because with the price of the pound the foreign money is going to roll in by the bucket load

    Leave a comment:

  • FatLazyContractor
    started a topic Is it too early ...

    Is it too early ...

    ... to buy a couple of BTLs with the spare cash lying under my sofa?

    What's the general consensus on investing in property at the moment?
    Tags: None

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