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Thread: Interest rates up 0.5%!

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  1. #1

    Re: Interest rates up 0.5%!

    Quote Originally Posted by A Quiet Monkfish View Post
    I know a few of the larger ones. They don't put in fire alarms/smoke detectors and are happy to take the hit with a fine. The max is £5k but it's now about £10k to fit out an HMO.
    There is a place as you were indicating in your question for buy to let but the fact its now such a large part of providing housing for this country ......High rents , very poor security of occupation .....is bad news

    There are some very socially minded landlords out there . Nothing wrong with using wealth to help others at the same time as developing a business .

  2. #2

    Re: Interest rates up 0.5%!

    Quote Originally Posted by SLUDGE FACTORY View Post
    There is a place as you were indicating in your question for buy to let but the fact its now such a large part of providing housing for this country ......High rents , very poor security of occupation .....is bad news

    There are some very socially minded landlords out there . Nothing wrong with using wealth to help others at the same time as developing a business .
    Agreed. There should be better protection for private tenants and more properties available for long-term rental contracts. Rolling 12 months is a nightmare for many, especially families.

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