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BTL Bristol&Ldn

14.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bristol&Ldn LSE:BTL London Ordinary Share GB0033589663 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 14.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 14.50 GBX

Bristol & London (BTL) Latest News

Real-Time news about Bristol&Ldn (London Stock Exchange): 0 recent articles

Bristol & London (BTL) Discussions and Chat

Bristol & London Forums and Chat

Date Time Title Posts
08/11/201212:16but to let crash2
16/8/201108:34BTL : Regulated Tenants and increasing rent4
27/3/201119:38BUY TO LET.the way foreward14
21/11/201018:47'Bidding war' for homes to rent-
04/5/200908:41O/T Installing airbricks in a BTL property - regs?1

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Bristol & London (BTL) Most Recent Trades

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Bristol & London (BTL) Top Chat Posts

Top Posts
Posted at 08/11/2012 12:16 by johnwise
"An acquaintance, who worked in investment banking, spent most of the nineties and noughties taking huge cash advances on 0% credit card deals and maxing-out current account mortgages. He spent the money on deposits for a mini-empire of flats in London, which he runs in a shambolic manner, with many of the later purchases worth considerably less than their interest-only mortgages, which are barely covered, if at all, by rent (e.g. off-plan flats in Docklands). He has also stopped working, living off his payment from his former employer, having taken it to the cleaners as he does the taxpayer, the financial institutions and his tenants.

How have we rewarded this inept, speculative, greedy, economically unproductive behaviour? We've kept interest rates artificially low, to keep people like him and his stupid lenders solvent, and the house price bubble inflated, at the expense of pensioners and the thrifty, who have been robbed blind. People like him should have, and should soon, face realistic interest rates. If some landlords lose their buy-to-let empires and have to sell the properties to working families at realistic prices, I won't be crying.

We also need to end the farce of landlords being able claim tax relief on the mortgage interest from their property portfolio when working families cannot do so on the family home since the abolition of MIRAS. The unfair tax advantage provided to landlords is the main reason for the decline in home ownership in the UK. Property prices have not corrected fully either - our family home is supposedly worth twice what we paid for it at the end of 2000 and only 15% below its value at the absolute height of the madness of crowds. Let's just have proper interest rates and return to sanity."

Bank of England must return interest levels to normal,

.
Posted at 27/3/2011 11:12 by druinsky
Wilsons sell buy-to-let empire for £180m
Laura Powell, Daily Mail
12 October 2009
Reader comments (45)
Fergus and Judith Wilson were the unlikely pin-ups of the buy-to-let boom.



Selling up: Judith and Fergus Wilson want £180m for their property empire, but will they get it?
WANT TO KNOW MORE?
Buy-to-let gurus anger village
Wilsons sell after doing the maths
Negative vs positive equity calculator
Ten tips for buy-to-let
THE BUY-TO-LET-TEST
It's vital to ensure your property can be a sound investment.
- Buy-to-let test
Now they are selling up with an asking price of £180m for their property empire that is claimed to only hold £45m worth of debt against it.
Foreign investors are rumoured to be interested in the portfolio, but property experts suggest they will want a discount to market value and question whether the Wilsons will reach their target.

Laura Powell meets the Kent property magnates who are confident that now is the best time to sell and finds out how they made their fortune.



Read more:



what happened to them>
Posted at 04/5/2009 08:01 by gumarabic
Hi
A friend has asked for a bit of advice. He owns a BTL flat and because tenants never to seem to open windows, he is thinking of getting an airbrick installed in the kitchen. Are there any building regs that he should be aware of ?

Anyone here know please
Posted at 30/11/2008 08:21 by moob
Kirstie and Phil self professed property experts make a return to the UK's TV screens with a more muted version of their long standing delusionally bullish UK property candy floss show titled location, location, location that helped feed the get on the property ladder frenzy of the last few years.




Finally, Kirstie has been forced to recognise the fact that house prices can actually fall which follows earlier near religiously opinionated programming that fed on and reinforced the fervour that gripped much of the country as annual house prices roared ahead every month by more than that which people earned in wages, that house prices are a one way bet.

The credit crash is clearly leaving the presenters in an air of frustration that the wood be buyers are in increasing numbers failing to act on their suggestions of buying found properties as people increasingly realise the risks of buying into a crashing UK housing market. Kirstie is still not getting the message that no matter how much you want house prices to rise, you can't talk up the market. But still the impression is that the presenters desperately want the potential buyers to BUY the located properties upon which the programme still hinges, when most are not wanting to once they do the sums away from the glare of the TV cameras, that BUYING does NOT stack up as the analysis of November 2007 showed and concluded that house prices need to rise by more than 2% per annum to beat renting, anything else and buyers lose money.


housepricecrash.co.uk video
Whilst Kirstie's now infamous emotional and angry response against anyone that suggested that house prices could fall on ITV's London Tonight 'appears' to have gone. Still both Kirstie and Phil are attempting to talk people into lemming like house buying decisions that they will likely regret as the housing bear market progresses, as in fact the most recent program illustrates which showed that had prospective buyers acted on Kirstie's and Phil's 'suggestion to buy', they would have lost £20k ! Let alone many of those that acted during the programming's boom years that are now probably sitting in negative equity.

Perhaps Channel 4 should have commissioned a show titled Repossession, Repossession, Repossession, so as to revisit those of Kirstie and Phil's clients that are in the process of handing their keys back as they pack their possessions and head off to some rundown council estate. Instead Channel 4 is holding onto an old programming formula that has been tinkered to at the edges for primarily an era that has now GONE ! No longer exists, instead of focusing on the housing bear market.

The return of the property show location,location, location follows Channel 4's other new money series titled the Ascent of Money, unfortunately again Channel 4 have commissioned a series led by an academic called Niall Ferguson, who appears to have little real world experience of actually trading the financial markets but purports to know the answers that led up to the credit collapse and what is likely to transpire. This from someone who apparently stated in late 1999 and early 2000 that Gold was dead as an investment and held no future other than as jewellery, and in fact published a book to the the same effect in 2001 as this was his conclusion after 'studying' over 500 years of monetary history.

It just goes to show the wide difference between academia that basically does not understand what they are talking about as they have never actually gained the experience and insight that comes with actually trading the markets over a number of years by reacting to price movements in real time. Instead academics rely on sanitised historic events without any of the associated experience of actually being immersed in events in real-time which is from which accurate forecasts are generated, rather grandiose theories of what should happen are employed that usually never stand up to a real market environment.

Given the poor quality of mainstream programming, its no wonder than people are waking up to find out that their banks are bankrupt and the housing market has crashed.

As to where house prices are going ?

The most recent house price data released by the Halifax shows that UK house prices have fallen by more than 16% from the peak of August 2007 and October 2008. The crash in both US and UK housing markets over the last 12 months was increasingly followed in September by the bankrupt banks collapsing one by one like a chain of dominos with governments rushing to their rescue during September and early October to the tune of unheard of amounts of tax payers money that now runs to collectively over $3 trillion. This triggered the near panic co-ordinated interest rate cuts in October of 0.5%, which was followed this month by an near unprecedented 1.5% cut.

The whole trend for the house price crash has been forecast well in advance of events, right from the very peak to the initial down-trend path amidst prevailing mainstream denial that house prices were actually falling as recent as of March of this year, and right up to the most recent data that fulfills the original forecast of a 15% fall in average UK house prices as projected in August 2007.
Posted at 16/8/2007 10:29 by swaghorn
just noted an RNS last year saying Able plans to sell more of his shares to institutions this year to help liquidity!!! Cant see him doing that at 10p a share!!
Posted at 16/8/2007 08:01 by swaghorn
Granted the MD is a plonker, but this share price is madness. Surely for a Co making money, paying a divi this is far to low and the price doesn't cease to stop falling!. Now valued at 2.5 million on a turnover of 8.6 million and profit last year of 500k (previously a bit higher, but a large write down last year), it seem very undervalued...unless i am just trying to convince myself as i jumped into this one!

Think the reputation of this share within the market is also a big problem, as 'the old in out' says. Also the MD owning just under 90% of the shares doesnt help its tradability...but we can take comfort that he must be rather unhappy about how much his holding is now worth!
Oh well, to posh twits crashing more cars!
Posted at 07/8/2007 08:54 by debaleb
5 years later and energyi is still booming out the same record.

PS That house the landlord bought 5 years ago has now trebled in price!
Posted at 04/8/2007 07:36 by energyi
BTL IS BIGGER THAN YOU THINK!
============

Concerns are growing that many amateur landlords have fraudulently used residential mortgages to fund their buy-to-let properties.

These so-called "disguised" buy-to-lets occur when landlords ? typically those with a handful of properties ? pose as owner-occupiers to obtain cheaper and more flexible residential mortgages on property they have little or no intention of living in.

The financial regulator has uncovered the practice following a recent downturn in the buy-to-let market. Stagnant or falling prices for some city centre apartments have led to a number of landlords trying to offload cut-price properties quickly at auctions. The Financial Services Authority (FSA) says analysis of properties sold at auction last year found that although many were commonly classed as owner-occupied by their sellers, 80 per cent were in areas where buy-to-let was prevalent, suggesting that many were ?disguised? buy-to-lets.

The FSA said that consumers abusing residential mortgages often did not understand the risks associated with the buy-to-let market and did not have alternative sources of finance to cover ?empty? periods when they were not receiving rental payments.

Landlords struggling to rent out their properties have also had to deal with a slowdown in price growth. The average price of a new flat increased by just 0.8 per cent between the second quarter of 2004 and the first quarter of 2006, according to the FSA, leaving many amateur landlords with poorly-performing investments. The FSA said the percentage of repossessed properties appearing at auctions had risen to 25 per cent in December 2006, up from just 8 per cent in February of last year. It believes this number could increase in coming months as higher interest rates bite.

BTL chancers scrutinised:
Posted at 14/6/2007 12:32 by xavico
Not wishing to sound too gloomy - btl appear to be drifting - there is no positive news and buyers will not be interested in a co.whose profits are reduced despite t/over being about the same.
Posted at 06/4/2007 16:22 by the old in out
xavico,

spread can be a lot smaller when you actually deal. Ask your broker. In spite of the problems btl have had this fy, I believe that they are very likely to recover
lost ground, at least to the 50p mark in the next two months. I am holding till then to see what happens. Good luck, but most of all DYOR.
Bristol & London share price data is direct from the London Stock Exchange

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