Is there still mileage in Property development?

[Carlton Banks]

Interesting topic for me being a landlord but I was wondering, are many people still buying properties, renovating them and flipping them and actually making any money? I guess BTL's are definitely slowing down.

Despite mortgage rates being favourable at present, as a landlord I now cant to deduct the mortgage interest, I cant buy another property without the additional stamp duty hike so for me, it looks less attractive to buy.

But I guess people with capital and clever accountants are still managing to make money from property by either BTL's or Buying wrecks and selling them on for profit.

So what's really happening out there?