The biggest single increase since 1989 BUT what does this mean for investors?
The Landlord Page Episode 55
The Bank of England have increased its benchmark rate from 2.25% to 3%.
That is the eighth consecutive increase since December, pushing the rate to its highest level for 14 years.
It also marks the biggest single increase since 1989, and could have a big impact on the cost of living and people's finances but what does this mean for you…
This week your joined by hosts Ian & Tristan as they discuss the last week of the property market & the recent base rate increase, a sales & lettings overview along with a recent case study which a tenant agreed a £550 increase due to a Landlords unfortunate mortgage rate increase.
We created this show because we noticed there was a lack of property investing podcast’s that weren’t just backhanded sales funnels. This podcast is full of free advice from specialist property guests, which include business coaches, accountants, lenders, mortgage advisors, commercial finance specialists, ARLA reps, auctioneers, and new homes experts, to name but a few.
If you work in property and want to come on the show as guest or have a property related question, then please contact us on our socials @TheLandlordPage
We will always update our subscribers with industry breaking news, letting legislation changes and market trends. So, make sure you hit that subscribe button ladies and gents.
Your hosts are Tristan Lee, Mike Robson & Ian Macbeth
