Rob is joined once more by Marc Champ of Wharf Financial to discuss the current state of the property market. They touch on topics such as interest rates, inflation, and the potential for a slowdown in the market. Marc shares insights from his conversations with industry professionals and highlights the opportunities that can arise during a slowdown.
"There's been bond sales recently, a lot of bond sales, and that has potentially, it will lead to a rise in inflation again."
"I think people are thinking rates are going to go down. But I think they may just go up one more notch and then stabilise and come back down."
"There is definitely a slowdown. But as I've always said, when there's a slowdown, there's opportunities for people."
"The actual debt is a lot more manageable because lenders have allowed 35 years terms they're allowing some interest only mortgages and this is allow people to manage their finances better."
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
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