Mass BTL Landlord Suicide!

[BrilloPad]

BTL usually involves incurring large debts. Debt is one of the main reasons people commit suicide and there are recent cases of this type.

It's the ultimate get out of debt method, though viewed as a touch extreme as it causes angst amongst family and friends and the banks can't get any money back, unless there is another guarentor to lean on.

So don't worry comrade, there will be BTLer suicides.

http://www.thisismoney.co.uk/credit-...0&in_page_id=9

When I got divorced I learnt the best way to kiill myself.

Thank goodness the dark days have passed

[Turion]

I feel bankruptcy is a better option

Absolutely, and the Govt has made it so easy now with those voluntary order thingys. Maybe they actually anticipated the potential cascade of kamikazi debtors (bad for poll ratings you know), so have made an easy way out. So they're not so stupid after all.

OK, so that deals with the real mental debt cases, but what about ordinary Joe Splurge, who is also stuck with a mountain a debt. Reckon, they've got this covered as well. The medicin for this is a good dose of inflation. They just need to noble the BoE (if not already done). This will relieve the reckless borrowers at the expense of the careful savers. Nothing new in that I suppose.

[Platypus]

It's the ultimate get out of debt method

I feel bankruptcy is a better option

[Turion]

BTL usually involves incurring large debts. Debt is one of the main reasons people commit suicide and there are recent cases of this type.

It's the ultimate get out of debt method, though viewed as a touch extreme as it causes angst amongst family and friends and the banks can't get any money back, unless there is another guarentor to lean on.

So don't worry comrade, there will be BTLer suicides.

http://www.thisismoney.co.uk/credit-...0&in_page_id=9

[Clippy]

Well, not really but I thought it might give a few particular losers on here a semi.

Turion has probably creamed himself!

Nice one bogey.

[bogeyman]

You're learning.

Unlike you.

[BlasterBates]

Well, not really but I thought it might give a few particular losers on here a semi.

had the makings of a great posting bogey...

You're learning.

[BrilloPad]

Well, not really but I thought it might give a few particular losers on here a semi.

I reckon BlasterBates will empty his sack when he reads that!

more threads like this please BM...

[bogeyman]

Well, not really but I thought it might give a few particular losers on here a semi.