Each week we round-up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter. This week’s award goes to:
Some advisers not qualified to consult on buy-to-let – expert
Sadly most Buy to Let investors, don’t ask for investment advice and don’t take it if they get it. They have made up their mind and have a property that their heart is set on by the time they see an adviser.
I haven’t positively advised property investment since 2005, except as part of a balanced portfolio.
Investing in a buy to let is not far short of ridiculous for most clients who haven’t used up their ISA allowances and using it as their pension is an extremely poor idea.
MarkG
31 Jul 2012 | 15:59
You can see more of this week’s best reader comments by clicking HERE and read a round-up of the week’s biggest news stories HERE.