Buy-to-let: It’s simply not worth it says leading market commentator
Tuesday, November 24, 2015
A respected financial journalist has warned that getting into buy-to-let with borrowed money is a risk not worth taking.
Merryn Somerset Webb was commenting following number crunching by Brewin Dolphin, and a campaign by the Telegraph.
Both have pointed to how current profits made by landlords could turn into losses once a new tax regime kicks in.
Somerset Webb says the figures are “scary”.
But she also adds that many people, including landlords, simply don’t get it.
Our columnist Vanessa Warwick has raised a similar question before, wondering if letting agents ffully realise the potential threat to the market.
EYE has so far come across very few agents who are proactively tackling the subject head-on, for example with seminars co-hosted with local accountancy firms.
However, we would be very interested in knowing your views, including whether this could be a business opportunity.
We were really impressed by Kremer Signs and how quickly they could get our boards printed and delivered to our board movement providers. All the staff that we dealt with are extremely friendly. I worked closely with Ryan Little and Sam Collins - both very helpful and quick at responding. Thank you for your help - we are super happy with our boards from Kremer Signs.
Georgie Lower
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The process of ordering boards for my company New Door Real Estate was so easy from the get go with Kremer Signs! I was kept informed every step of the way by Nick and Ryan and I really couldn't fault them. Great customer service and the quality of the boards is brilliant. We're really happy with them!
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Delivered in great time
Just wanted to say a big thank you to Kremer Signs (especially Ryan Little) for getting me set up with my dream for sale signs. As a very new independent estate agent, I was reassured with the great customer service and the fact I was looked after from start to finish. Really happy with the finished product which was delivered in great time too. Thanks again, I will be back for more (hopefully soon)!
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Huge thank you to Kremer Signs!
Huge thank you to Kremer Signs! Ryan Little has been very responsive and helpful from start to finish. Boards arrived on time and have been a much better quality than our previous boards. This along with the excellent customer service is a win win!!! We hope to continue to work with Ryan and the team going forward. Thank you!
