Rate cuts, further rate cuts expected and increased
liquidity (to the tune of £500bn which is nearly 50% of the total mortgages
outstanding in the UK)
will mean there is a temporary position where:
property
prices are low
monthly
mortgage costs will be low
availability
of finance will be high
This means massive opportunities will exist. I reckon this situation can last for up to 6
months before normality is restored. So
when you can get a double digit yielding property, no money down with a buy to
let mortgage at a rate below 6% offered to you, you have to ask yourself what
more signals do you need to buy!
We are in a very unique situation where errors are going to
be made because government is mixing with commerce. We could see the government forcing banks to
lend or face harsh penalties. If the
banks start throwing money at you ? TAKE IT!
To see my new services have a look at my services home
page. If you are interested in any of
them request a call back and they will contact you at your convenience.
Do not let this 6 month window of opportunity pass you by.