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Desperate times,for the buy to let market?(permalink)

Message NaN. Posted by nicnewman on Wednesday, 8th November 2006 Last updated Wednesday, 8th November 2006
Increasingly, there are many signs of desperation in the buy to let (BLT) property industry. Every day in the media there are adverts offering some kind of inducements for potential investors. These include payment of legal fees, guaranteed rental yield of 7% or 8% for the first couple of years, while others are offering even to pay your deposit. The trouble is such offers seem to be too good to be true, and they are. Despite the optimistic sales talk in those television property programmes, the good times of making easy money from BLT investments has ended.

Today’s investors are unlikely to achieve the capital gains increases and rental yields achieved in the boom years of 1996-2004.
to read more http://www.oxfordprospect.co.uk/buytolet.htm

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