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How The Economy and Budget Will Affect Property Investors

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This week, Caroline and James discuss the recent budget announcements and how they might impact the property market, and your investing journey going forward.

KEY TAKEAWAYS

  • Economical and budgetary decisions taken by the government are out of our control. It's always best to optimise our plans in accordance with what's announced as we cannot control these decisions.
  • In order to encourage people to return to work they are adjusting childcare benefits, but many may ask why they should return to work simply to pay for children to be taken care of while they do so.
  • Old school mentality states that we should work hard throughout life, pay off mortgages and only enjoy life when we're old. There needs to be another way.
  • Pension pots are largely unsustainable due to the fact that people don't save into them until it's far too late. We need to start conserving money sooner in life

 BEST MOMENTS

'These are things that are out of our control'

'They always give with one hand and take away with the other'

'They've flip-flopped around with corporation tax quite a lot'

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem   

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ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

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