Many experts believe a Government led by Ed Miliband will
wreak havoc on the attractive investment returns that many people now earn from
owning a buy-to-let property – or a portfolio of properties. Mismanagement of
the economy by a Labour Government, they say, could trigger interest rate rises
and a sharp housing market correction, proving disastrous for buy-to-let
investors. Eric Pentecost, Professor of Economics at Loughborough University,
says: ‘Buy-to-let investors face several potential downsides on the horizon.
They include a future rise in interest rates, a fall in house prices and
political interference in the rental sector. A Labour administration would more
likely bring these downsides much closer to home.’ Read more on the Daily Mail
website.
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