Is Buy-to-Let Still A.. Good Bet? ; After Last Week's Rate Rise Added Another Quarter Per Cent to Mortgages, We Ask Four Experts If It's Still Wise to Invest
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Summary
IS buy-to-let still a good investment or is the bottom about to fall out of the market? The latest interest rate rise (from 5.25 to 5.5 per cent) is the fourth since last August and will certainly take its toll on the profits any landlord is making. On an interest- only tracker mortgage of pounds 150,000, owners have already seen their repayments increase by pounds 1,500 over the past 12 months, and the latest rise will mean an additional pounds 375 a year. We ask four experts if anyone thinking of getting into the game should still take the plunge...
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Is Buy-to-Let Still A.. Good Bet? ; After Last Week's Rate Rise Added Another Quarter Per Cent to Mortgages, We Ask Four Experts If It's Still Wise to Invest
SAYS KRISTIAN DIGBY TV presenter, To Buy or Not To Buy
..if you buy with careKRISTIAN Digby, 29, is a property developer and presents TV shows The One Million Pound Property Experiment, To Buy Or Not To Buy and Trading Up. He lives in a five-bedroom house in Stratford, East London where he is building two properties. He owns two buy-to-let flats, also in East London, and is in the process of buying a five- bedroom house in south-west France which he plans to rent as a ...See the full content of this document
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