Nine out of ten investment landlords are marking time, neither selling nor buying residential rental property, even though asset values and rental yields have fallen, according to the fourth quarter ARLA Members Survey of the Private Rented Sector, published on Monday 8 December. This is the largest independent survey of the rental market. However, capital [...]
Archive | December, 2008
Banks in Tug-of-War
Michael Coogan, Council of Mortage Lenders Director General, believes that the Govenrnment need to prioritise their objectives and stop pulling Banks in all directions at once. Coogan released a statement after the announcement of the latest house purchase figures, he goes on to say: “To different degrees lenders are facing conflicting pressures to recapitalise against [...]
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