Is Now a Good Time to Buy a Property?
Mark answers some of the most asked questions he is getting at the moment including why yes now is a good time to invest in buy to lets, why interest rates will be dropping and why some debt can be good. KEY TAKEAWAYS Being debt free isn’t always the best option, it can be worth investing money into property rather than paying off your mortgage Inflation will be paying your debt down, including your mortgage debt. The government haven’t helped tenants, landlords are selling up meaning less supply and so prices have increased. Mark suspects interest rates will drop in the next few years. BEST MOMENTS ‘There are less landlords coming into the market and that’s pushing rents higher and higher’ ‘Prices have fallen and there are still some deals out there’ ‘The IMF says the natural point of interest in the UK is way lower than we are at the moment” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHOD Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive ‘Brought to you by Progressive Media’: https://progressivemedia.uk/