Strange how you never post the positive news !!!
Look the graph at the bottom of the article - clearly shows price increases have slowed but they haven't crashed - or indeed dropped !!!
Something Uncle C would rather you didn't read !
As a BTL landlord I have to disagree.
1. On my BTL mortgages I've had to show that the rent more than covers the mortgage.
3. That's what LTV is all about an I challenge anyone get a decent BTL mortgage at anything greater than 75% - I've even been offered them at 40% recently !!!! That said...
As a landlord I need to correct you, CGT is applicable on anything after your main home. Income tax is payable on the rent. I can ofset my CGT liability with any costs for re-development etc.
I'm not sure people owning more than one property is a bad thing. Two of my flats have council tenants...
Nobody should offer 100%+ mortgages. If someone isn't prepared to put some of their own money towards a property then it seems weird that they think a bank should put anything towards it.