Rat and Mouse
Mon
03
Dec
Paragon stands defiant in face of bubble-callers

Against an oncoming torrent of negative data, and a growing awareness that twitchy landlords may well have the house price crash button under their fingertips, beleaguered buy-to-let mortgage specialist Paragon digs in its heels and, undaunted by my mixed metaphor, tells the world the buy-to-let sector has never had it so good. Apparently, returns (the data includes house sales) are up 15.5% on the year, rents are up 10.2% and one in four landlords are looking to buy. Fighting talk.

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Comments

You'll not be getting a mortgage from Paragon though. They're out of cash.

Posted by Tom at December 3, 2007 10:01 AM


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