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  • Buy-to-Let

    Deleveraging could be a mistake

    To be fair I think we are actually on the same page its just about how much risk you are willing to take......


    I am more concerned about the future where as you are clearly not....


    That is what risk is all about, I have a strategy where I can weather even the worst case scenario but I take a hit on returns,  you would gain more with your strategy but are more vulnerable....  Its personal choice.

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    ``Its personal choice.``

    I agree . There is no right or wrong - just opinion 

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    Jonathan Clarke. http://www.buytoletmk.com

    You have sumed up very well my thoughts on leveraging In BTL

    its dangerus

    so much can happen we all understand risk but our biggest risk is govt policy

    we have a number of bloggers who are waiting for the government to u turn on what we have now

    i believe they will be old and gray before that happens

    we are in such a different place today

    the RDPD days are finished

    good debt bad debt is not worth a light today

    my own feeling are leveraged as low as you can

    zero debt is safe and as you borrowing more the risk increases

    non of us are liked by govt so in my opinion we should not think they will help us in bussinss


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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.


    Leveraging isn't dangerous.

    Over-leveraging is what is dangerous.

    I know I'm being pedantic there, but that extra word is the difference between success and failure.

    And I don't just measure it by LTV, it's a formula which includes cash contingency.

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    Just to add,  I don't need nor expect the government to help me in my business,  it surprises me when I keep hearing it on this Forum.

    I'm a free market capitalist and I live or die on my own decisions, the country doesn't owe me a living.

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    If the government pulls the rug on tax relief it is dangerous

    we all make plans and then the government change the rule

    none of us saw S24 and I don’t trust the government


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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.


    Yes, but what I'm saying is I don't NEED to trust the government. I trust myself and only myself.

    If they pull the rug on tax relief,  I'll be fine as I have contingency strategies.

    Don't get me wrong,  I'd be p*ssed off about it!

    Strong business people will survive.

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    If you can pay off your debt if the rug is pulled that’s a good thing

    most landlords are not thinking like you

    i build to rent with no levarge now and when it’s finished I won’t borrow again

    be cause it’s safe as houses

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    ``Leveraging isn't dangerous.

    Over-leveraging is what is dangerous.``

    Precisely - well said

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    Jonathan Clarke. http://www.buytoletmk.com

    ``You have sumed up very well my thoughts on leveraging In BTL

    its dangerus``

    Its can be dangerous yes  if you don`t know what you are doing 

    Its exhilarating  though if you do ( and very profitable ) 

    Same as parachute jumping .

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    Jonathan Clarke. http://www.buytoletmk.com