According to Forbes, house prices have declined at the fastest rate since 2009! In this episode, Toni looks through the housing price index (HPI) and identifies ways this may impact a property investor including the threats it poses as well as the many opportunities to be found.

KEY TAKEAWAYS 

• What will be a struggle and threat to some property investors or homeowners could present an opportunity for the right property investment strategy.
• Sometimes it can be better to pay a slightly higher interest rate rather than fixed rates as the stress test is lower.
• Lenders still need people to borrow money, you will see this demonstrated in different deals.
• We are at the end of a cycle and moving into another, this is the perfect time to buy. Prices are dropping now but prices will start to increase.
• When you put the right tenants in your properties and have done the right affordability calculations and stress tests, you will always be in a good position as a landlord.

BEST MOMENTS  

“This is all indicating that there are opportunities”

“There is a clear north-south divide in prices”

“The stress tests were actually below the mortgage rate”

“While rents are increasing you’re going to get a fabulous cash flow”

VALUABLE RESOURCES

Looking for more? Download Mark Homer’s FREE 42 Tips Guide →

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https://youtu.be/JDh3EQSgscQ

MSOPI – Multiple Streams of Income:

https://www.progressiveproperty.co.uk

https://kevinmcdonnell.co.uk

ABOUT THE HOST

Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.  

CONTACT METHOD

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https://kevinmcdonnell.co.uk/

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