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Reply to: time to buy?

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Previously on "time to buy?"

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  • MarillionFan
    replied
    Originally posted by b0redom View Post
    Where'd you get the money at 1%? Am currently considering B2L #2, and I've not spotted loans/mortgages at anywhere even close to that.
    You won't do. It's on my offset mortgage on my main residence. I've taken money out of that and put it to better use elsewhere.

    Leave a comment:


  • TimberWolf
    replied
    What about buying abroad: Germany, USA, Switzerland, Ireland

    The Most Overpriced Housing Markets In The Developed World

    Leave a comment:


  • Lockhouse
    replied
    Originally posted by mrdonuts View Post
    with interest rates forecast to be low for next five years and with the presses doing overtime for QE is it a good time to buy a BTL as QE is inflationary and this would therefore be a good hedge against it
    Yes. If you can get decent yield. Forget capital appreciation (for now).

    Leave a comment:


  • b0redom
    replied
    Originally posted by MarillionFan View Post
    Yep.

    That's why I've bought a place and I'm building another. I've borrowed the money at 1%. No brainer.
    Where'd you get the money at 1%? Am currently considering B2L #2, and I've not spotted loans/mortgages at anywhere even close to that.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by mrdonuts View Post
    with interest rates forecast to be low for next five years and with the presses doing overtime for QE is it a good time to buy a BTL as QE is inflationary and this would therefore be a good hedge against it
    Are you buying with cash? What % deposit are you putting down?

    Leave a comment:


  • AtW
    replied
    Originally posted by KimberleyChris View Post
    One third guns,
    One third canned food,
    One third fuel
    FTFY

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by mrdonuts View Post
    with interest rates forecast to be low for next five years and with the presses doing overtime for QE is it a good time to buy a BTL as QE is inflationary and this would therefore be a good hedge against it
    Yep.

    That's why I've bought a place and I'm building another. I've borrowed the money at 1%. No brainer.

    Leave a comment:


  • KimberleyChris
    replied
    One third gold,
    One third AA+ or better in Gilts,
    One third currency, split 50/50 between GBP and USD.

    Leave a comment:


  • TimberWolf
    replied
    Merv can't QE to kingdom come and holding up house prices is like trying to hold back the tide. Even as things stand house prices are dropping in real terms.

    Leave a comment:


  • Paddy
    replied
    Originally posted by mrdonuts View Post
    with interest rates forecast to be low for next five years and with the presses doing overtime for QE is it a good time to buy a BTL as QE is inflationary and this would therefore be a good hedge against it
    No. Next!

    Leave a comment:


  • mrdonuts
    started a topic time to buy?

    time to buy?

    with interest rates forecast to be low for next five years and with the presses doing overtime for QE is it a good time to buy a BTL as QE is inflationary and this would therefore be a good hedge against it

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