Rental demand soars

**KentPhilip** · 3 August 2008, 13:26

Excellent. So when Landlords get repossessed due to But-to-let mortgage margin calls from plummeting property values people (like me) with cash reserves will be able to pick up the properties for a song at auction, and live like a king from the rent paid by the new tenants.

**Wilmslow** · 3 August 2008, 13:28

Originally posted by Diver View Post

Rental demand soars as house buyers' dreams are shattered

Linky

Music to my ears.

Once the bungalow is bought, I will be looking to rent out my semi.

Good to hear that rental demand is high and people are paying top dollar.

I have BOOMED

**Diver** · 3 August 2008, 13:33

Originally posted by KentPhilip View Post

Excellent. So when Landlords get repossessed due to But-to-let mortgage margin calls from plummeting property values people (like me) with cash reserves will be able to pick up the properties for a song at auction, and live like a king from the rent paid by the new tenants.

Some of us invested wisely in our earlier years, and now have properties without mortgages

**swamp** · 3 August 2008, 14:15

Or maybe not...

Glut forces cuts in London rentals

http://www.ft.com/cms/s/0/b8d0ba90-6...077b07658.html

**Diver** · 3 August 2008, 14:25

Originally posted by swamp View Post

Or maybe not...

Glut forces cuts in London rentals

http://www.ft.com/cms/s/0/b8d0ba90-6...077b07658.html

Glad my property is in Wales

PS. Congratulations on your 500th Post swamp

**Sockpuppet** · 3 August 2008, 15:15

The rent of this place was dropped ~£70 a month before I would take it. Went from £850 to £780.

That was 3 months ago. Boomed. Not in Leicester.

**miffy** · 3 August 2008, 16:32

Originally posted by Wilmslow View Post

Music to my ears.

Once the bungalow is bought, I will be looking to rent out my semi.

Good to hear that rental demand is high and people are paying top dollar.

I have BOOMED

Until you loose your permie job in the next 12 months.

Doomed.

**Diver** · 3 August 2008, 16:33

Originally posted by Wilmslow View Post

Music to my ears.

Once the bungalow is bought, I will be looking to rent out my semi.

Good to hear that rental demand is high and people are paying top dollar.

I have BOOMED

See! I told Sasguru not to get rid of that BTL caravan

**KentPhilip** · 3 August 2008, 18:25

Originally posted by KentPhilip View Post

But-to-let

hmmm. I would just like to confirm that I am not, nor ever have been, a rent boy.

Rental demand soars