NEW Mortgage Rates Killing Property Investors | Urgent Update

In a recent video, I spoke to mortgage broker and expert Andrew Clothier from Regents Court Financial about the current state of the market. Mortgage lenders are withdrawing many of their products and massively increasing their rates. This is crippling many landlords and buy-to-let property investors. We speak about what is happening right now and what might happen in the future.

There is a lot of important information in the interview that every single property investor needs to know. Please watch the full video (above) until the end to understand exactly what is happening in the mortgage market. In this article, I will summarise a few of the points made in the video. Please share this article on social media to help educate other landlords.

What will interest rates do in the future?

Andrew thinks interest rates will continue to rise over the next 6-12 months. However, he says at some point it will have to settle back, otherwise it will stop people buying properties. Neither the government nor the Bank of England want a full on crash in the property market. They will at some point act to prevent that from happening.

That said, whenever there is a crisis or a big change there is always an opportunity to profit. If you are ready to see the opportunities when everyone else is running for the exits, you can do very well in these times. Many fortunes are made during times of economic hardship. Be ready and educated right now to ensure you don’t miss the boat. If you take action, this could be life changing for you.

How can you fix your rates?

Andrew says you can fix your interest rates for up to 10 years. This means that if you are worried about where rates are heading there are options open to you. I would not choose to pass up an investment simply because interest rates could go up at some future date. Make a reasonable assessment of the risks and ensure there is enough profit in the deal.

People who were worried about buying a property in the recent past (because they thought interest rates were going up) would have been better off buying a property on a fixed rate mortgage. If you have a good deal on the table, you need to be able to take action in my opinion. Those that don’t take action, don’t succeed.

Are tracker mortgages worth it?

But what about tracker mortgages? Is it worth taking a risk that rates could go down over the medium to long term? It might sound like a very risky move but some come with no early repayment charges. This means that they can be quickly refinanced on to a fixed rate mortgage if necessary.

If you want to be ready for anything the property market throws at you, why not book on to my next course? Tickets are just £1, so there are zero excuses for not attending. You can book your tickets here and I look forward to meeting you very soon.

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