Is the long dark winter over and the green shoots of Spring starting to take hold of the UK Economy and property market?
Or are we seeing a false dawn before larger movements down.
Let’s look at the data and discuss when interest rates will come down…
_______________________________________________________
Ready to be coached by me? Join the Property Unicorn Club here and get a library of free trainings, monthly live masterclasses and coaching sessions, plus quarterly in person events:
https://www.propertyunicorns.com/property-unicorn-club/
Looking to get started in Property?
Download my White Paper on how to invest in the current property market here:
http://robstewartglobal.com/white-paper/
Want The Best Prop-Tech To Help You Explode Your Property Business?
Get Your 2 Week Free Trial Of Property Filter – The Market Leading Property Soucing Tool here:
https://register.property-filter.co.uk/rob
Get Your 2 Week Free Trial Of Property Data – The Market Leading Property Analytics Tool here:
https://propertydata.co.uk/a/rs
Register for the Property Cashflow Secrets Masterclass here:
http://robstewartglobal.com/property-cashflow-secrets/
Looking for a strategy that’s tailored to you for the next 12 months and beyond?
Apply for a Strategy Call with me now and we’ll see if we’re a good fit to work together:
https://robstewartglobal.com/strategy
10 Comments
What a great update, thanks Rob. On rates, I have found the equation Rates [tends towards]= RPI + GDP fairly useful. Last 10 years were an aberration, not just in terms of level but also stability of rates. Not the usual. They go up and down usually. Mark Carney never did either. R* is an illusion, things usually move quicker. Keep up your videos – it is a brain dump of a quality every investor should aspire to.
Rob. IR not coming down. Too much gov debt. Bond yields only likely to go higher in longer term.
We're supposed to welcome the printing of funny money, that dilutes every existing £? So that houses can become more expensive? To me that's the doom and gloom you said you wanted to avoid.
We need a stronger pound.
Question Rob – why is oil rising – or perhaps why is it not falling
Why is it that the interest rates (for mortgages) that the banks have set have gone up since Jan and not either stayed the same or come down a bit?
I really don’t understand. If the swap rates have gone down and the BoE rates haven’t changed then are the banks just exercising their rights to greed?
Interest rates are going to go up because of Thames water. Why? Because what happened here was fraud. When you have fraud it puts pressure on real money to increase in price. If sad Diq Khan gets re elected then London house prices will crash catastrophically with no hope of resurrection. Business is already moving away from London because ordinary money cannot do business in London. Once you are into credit money you are already floating on thin ice. Why? Because with Brexit we are in a limited credit market. If you want growth then you need real credit from where?
The huge money printing over the last 4 years which continues is going to mean continued debasing of the currency resulting in further increases in money supply and in long-term increases in inflation. It is election year and the politicians will put lipstick on the pig with inevitable lower interest rates. Once the election is over don't be surprised to see higher interest rates.
Shawbrook have just reduced my cash ISA rates.
How miobic! Of course data is manipulated by platforms selling property! Why arent you using ONS statistics?