“The cost of deals is falling but lenders are the most generous to new landlords with substantial deposits”, writes Melanie Wright this week in The Times.
Sharing our perspective on this so-called buy-to-let loan war, Black Brick’s Founder and Managing Partner, Camilla Dell commented on how landlords today need to be prepared for times when their property may be empty – also known as ‘void periods’:
“Generally speaking, flats are a better investment because the void periods tend to be smaller. Even if you’ve got a lot of money to invest it’s better to spread it out over lots of units than buy one large one.”, Camilla said.
Read more in the full article here.