Paul,
Yes demand for rental accommodation generally tends to go up in such scenario. However which bank in UK will offer mortgage to cash poor potential buy to let investors? And will the slight increase in rental income be enough to offset higher finance cost and short term negative equity? UK repo properties bought for cash in a good location. That can be an good investment.
Regards,
Alex.
Quote:
Originally Posted by wyman100
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This point, coupled with the risks of currency fluctuations in relation to overseas investments will ensure that the buy to let market remains buoyant in the UK for years to come, irrespective of investor's ability to buy properties outright.
Paul
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