And In Other News - December 2023
How Buy To Let Bled To Death
House Prices Down 12% in Real Terms
How Buy To Let Bled To Death
Interesting analysis of the death of Buy To Let in the New Statesman this month - basically anyone with a 70% mortgage (or greater) will be losing money (and that is on the simple gross yield calculation, so much worse all round using the net yield) and with house prices falling, this spells disaster for the many small landlords who use their rental portfolio to support or provide a pension and this has much wider implications for everyone.
Read the full article here: The UK housing crash is just beginning - New Statesman (You may need to sign up for a free trial to read).
House Prices Down 12% in Real Terms
Not much to add to the heading - it says it all - but here is the detail: House prices: did you miss the 16-year crash? (fidelity.co.uk)