BTL for the lazy

[Platypus]

He went bankrupt for over a million last year. How I laughed.

And oh how he laughed, knowing he'd run up debts of £1m and didn't have to repay a penny! Sounds like a smart guy.

[sasguru]

I knew this bloke who had a large BTL portfolio. Lots of flats in Sheffield and Manchester. He went bankrupt for over a million last year. How I laughed.

So you laugh because someone had a go at a being rich?
As opposed to being a whinger like you?
You should hange your usename to cantescapetheUKbecauseIhavenoskills.

[kingcook]

Investors Chronicle - Paragon launches retail bond

Paragon offers 'retail bond' paying 6pc income - Telegraph


Fill yer boots and no hassle with nasty tenants.

With BTL though, hopefully one day the mortgage will be paid off and you own the house fully.

[northernladuk]

No idea.

You don't expect me to read this crap do you?

LOL!!

[DimPrawn]

I knew this bloke who had a large BTL portfolio. Lots of flats in Sheffield and Manchester. He went bankrupt for over a million last year. How I laughed.

In a few years he can try again.

[escapeUK]

I knew this bloke who had a large BTL portfolio. Lots of flats in Sheffield and Manchester. He went bankrupt for over a million last year. How I laughed.

[CoolCat]

the average house is worth no more than 3.5 times the average salary...

houses are massively overpriced in the uk, mainly due to government manipulation of the market.

a big correction WILL happen at some point.

[DimPrawn]

Hasn't 'buying shares' in BTL portfolios been around for quite a while? Or is this different in some way?

No idea.

You don't expect me to read this crap do you?

[d000hg]

Hasn't 'buying shares' in BTL portfolios been around for quite a while? Or is this different in some way?

[DimPrawn]

1.5m Britons turn to buy-to-let investing - Telegraph

Nearly 1.5m investors hold buy-to-let mortgages, industry figures showed today, underlining how demand for property investment has surged.

Low interest rates, which have reduced the cost of borrowing and returns on savings, has encouraged many Britons to risk their long-term savings on house prices.

Rising rents in the past few years - partly a result of more priced-out first-timer buyers being forced to rent - have also inflated the income landlords can earn.

Buy-to-let lending accounted for 11.5 per cent of total gross mortgage lending in 2012, up from 9.8 per cent the year before, according to data from the Council of Mortgage Lenders (CML).

As a total, £16.4bn was lent, up 19 per cent on a year earlier and the highest level for four years.

Fill yer boots!

[DimPrawn]

Investors Chronicle - Paragon launches retail bond

http://www.telegraph.co.uk/finance/p...pc-income.html


Fill yer boots and no hassle with nasty tenants.