Should investors still be buying in the current market?
June 20, 2008 Uncategorized 1 CommentThis article endeavours to explore this question and answer it once and for all. (Well – I’ll give you my opinion anyway).
Okay, let’s cut to the chase. The answer to the above question is (drum roll please) - It depends. There you go, that’s it, you can stop reading now - still here? Well let’s explore what’s happening at the moment a little deeper so that things become clear.
In the last few months many lenders have made it increasingly difficult for new entrants to break into the buy to let market. The credit crunch has hit lenders hard and in response they have hit the buy to let investor harder. Banks don’t trust each other and therefore are not freely lending money to each other; this is having a knock on affect on their lending to the general public and investors. Read the rest…
