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  • cannot be serviced by net rental income

    Do they have to be? Surely plenty of people sitting on capital who are prepared to top up and keep the asset with hopes to weather the storm?

  • Plenty who aren't though. I nearly ended up remortgaging and renting my flat out when the buyer fell through and I needed to move and although the numbers just about worked and it was a viable option I decided against it as anything going wrong would have left me screwed.

    Also lots of professional landlords with highly leveraged portfolios and not much in the way of liquid assets.

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