It’s Tuesday which means Rob & Rob are back to answer two more listener questions.
The first question this week comes from Rachel.
Rachel and her brother currently own a buy-to-let property in the South East and they’re now looking to buy their second property in the north of England for cash.
They’ve found a property in Kirkdale, Liverpool for £65,000 which could give them an annual yield of 8.31%.
Naturally that type of yield would be attractive to anyone, but after seeing one of Property Hub’s Instagram stories advising to buy a property that’s worth at least £100,000, Rachel is now wondering if this property is too cheap?
Our second caller is Kenneth.
He’s listened to our episode on quantitative easing about three times because it’s just so significant.
Kenneth wants to know if we’re heading into a period of inflation in the future. As governments often control inflation by rising interest rates, does this mean that we’re going to see mortgage rates go up in the next few years?
What are The Robs guesses and predictions for mortgages in the next few years?
Tune in to find out.
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