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  • Buy-to-Let

    What will BTL market look like in 10 years?

    The question is what do you think the BTL market will look like in ten years time?

    Regulation, taxation, mortgage availability, leverage, rent levels, yields, HPI etc etc

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    If you can ride the storm you'll definitely be quids in.

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    I am a human bean.

    The massive out cry from those unable to get on the property ladder and high rents will force all future governments to address the problem.Schools, hospitals, council services , transport services in big cities will begin to fall apart as low paid staff can't afford to live in these places( already taking place). 

    Slowly the private landlord is being squeezed out by taxation, regulation and unacceptability for owning lots of properties. As we go into recession within the next 2/3 years people will lose jobs and be unable to pay rent. homelessness  will build up resulting in massive social disorder as people take to the streets.People go on rent strike . That's when it gets ugly.

    Last few years its been a one way bet, low rates, easy money, and house price growth . Landlords cannot expect an easy ride over the coming years. -the good times are well and truly over.

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    I totally agree

    House prices will fall over the next 10 years

    in real terms especially in the SE where the shortage of homes are highest.

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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.

    really

    I only know 2 post codes well in Greater London, and those prices havent fallen and are still rising

    the prices in my area are less than most towns 20 miles from London

    3 bed house being advertised for £330k today in my area

    https://www.rightmove.co.uk/property-for-...97318.html

    I  wouldnt dare to comment on the SE as a whole and still less about an area I dont know like the NE

    you generalise too much.

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    Chartered Accountant, FCA 34th year in public practice,

    BTL since 1992

    http://www.blythepropertyholdings.com

    Definitely Sutton seems fine.  I have had 2 properties revalued for better mortgage rates with 2 different lenders in the last 2 weeks.  I thought my figures in both cases were top end because I thought I might as well be bold.  Both were very quickly agreed. 

    Zoopla values have also been building back up nicely for Sutton.

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    I can only go by the comments I see from RICS

    They reported that prices were falling in London

    The question I have to ask is are they wrong 

    Maybe you know better than RICS

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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.

    London 32 London Boroughs, population 8.8million people,

    SM5 postcode LB of Sutton population 29.917,

    in the above their is no original thought, mere regurgitation of information posted elsewhere

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    Chartered Accountant, FCA 34th year in public practice,

    BTL since 1992

    http://www.blythepropertyholdings.com

    I am sure your right about the area

    but one Swallow doesn't mean it summer

    I just read the survey and Land registry reports

    I know one thing if London has a cold the rest of the UK gets the flu

    I was quite shocked yesterday when I saw a house for sale next to a one I purchased for 62k in 2012

    the house next to mine is on the market for 120k in 2018 so I have made a tidy profit

    Great news on the face of things but I will be interested to see what it sells for

    That's the real acid test.

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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.

    ``I was quite shocked yesterday when I saw a house for sale next to a one I purchased for 62k in 2012

    the house next to mine is on the market for 120k in 2018 so I have made a tidy profit``

    I am pleased for you DL that good healthy CG has  finally reached the NE

    This mirrors MK from 2010 - 2016 . I am seeing a levelling off now with some being reduced some not

    I bought 5 in 2010 . I wish I had bought more

    With this anecdotal evidence of yours the ripple from London takes about 2 years to travel 250 miles or so

    An investor who is not concerned about where geographically they  invest in the UK should take note

    Like a surfer they could buy just ahead of the wave and dramatically increase their wealth comparative to the stay at homers. Then sell at the peak and reinvest at the dip elsewhere. Easier said than done of course

    But waves come and go and   when the wave has reached high tide in the NE and starts to drop away......

    London will kick off again gather its speed again and supersede its current lull .

    The beauty of the property cycle will start  again

    Get yourself a good surfboard new investors and ride those waves

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


    JC I understand the market as well as you do

    and I have made some tidy money since 2007 The one I outlined here is just one example

    In real terms its only property I purchased in 2005 ish and Re mortgaged  out at 85% which caused me an issue of negative equity

    and they were with Good old ME

    But I am in a healthy state Good Cash flow and Property Prices rising

    and after my Build to Rent is finished I may come back to BTL with leverage via the company

    But for now I am not adding new BTL to my business with leverage





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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.