On this week’s Property News Radio Andy is taking over the show and is joined by John from RMP Property. We’re taking a look at news that interest rates might be rising sooner than expected, news from Rightmove about falling property prices in London, an industry survey report about Buy to Let landlord’s salaries, and finally a quirky news piece about golf courses!
This week’s news
Governer of the Bank of England, Mark Carney, has signalled that interest rates may rise this year. Any increases should be small and slow, so not too much to worry about.
This is a story from Rightmove about London house prices starting to fall. June has seen a slight decrease in asking prices. Could this be the start of a downturn in the London market?
This is an article about the current health of the UK Buy to Let market and the financial rewards available to landlords. An interesting read and just goes to show what you can potentially achieve from your investments.
Thanks to Andy Norman from the Property Hub for this week’s quirky news piece about Surrey having more land assigned for golf courses than houses! Well worth a read.
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