Negative outlook for me10 Aug 2023 08:46
They say they are now number4 in the BTL market but the givernment have been putting many obsticles in the way of landlords who most look for a return of 5/6 %yeild large gains in capital is now over at these price so why all the hassle when you can sell up pay of the loan on get 5% locking you profit away with no hassles .so more paying back to OSB and savers who have locked in for a decent rate says to me OSB is now in for a very rocky ride in the near term until property prices rerate the government ease up on BLT and the BOE ease up on interest rates .5/6% was the norm for me but my mortgage was 32k but 300k plus thats a crippler.JMO do you reserch i just see tough years ahead for all involved,