Would you agree to a regulated buy to let market?
Brett Alegre-WoodChairman, YPC Group
Hey guys
Welcome to this week's property news. Hear it here first our new product - UK Residential Property Fund. I'll explain how this fund is accessible to all investors and how it will benefit you.
Property prices continues to rise as supply and demand play catch up. What happens when supply finally reach demand? Should inflation rise to 4% as suggested by Prof Blanchflower? What are the benefits for investors? Find out why I agree with him but only because I'm an investor myself.
Other good news... interest rates have dropped for higher loan to value mortgages. We're starting to see the market easing, all at a slow pace but a way forward and we'll hopefully see the buy to let market follow.
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The government's proposal to regulate buy to let mortgages has been deemed nonsense by the Building Societies Association (BSA). Even the Council of Mortgage Lenders (CML) have questioned whether there's such need. Perhaps the government should concentrate on best practices and prevention. Should buy to let be regulated? Which side are you on?
As always, if you have any questions or want to know more then give the team a call on 0207 812 1255.
Live with Passion
Brett Alegre-Wood
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