House Prices to fall 15% | UK Housing Market 2022 | Saj Hussain
After the Mini Budget was delivered by Kwasi Kwarteng The new Chancellor of the Exchequer the value of the Pound fell to a record low against the Dollar. The market lost confidence in the Governments lack of clarity on how it was going to fund these massive costs. The Bank of England has stepped in and warned it will increase interest rates. At the same time, Credit Suisse has published a report saying prop prices could fall 15% in the next 18 months!
#housingmarket #propertymarket #propertynews
0:00 - Intro to House Prices Falling
0:40 - Cost of living crisis
1:50 - How the falling pound affects the local and global economy
2:50 - Further announcements from Bank of England
3:06 - Interest rate warnings
3:39 - Mortage lenders have taken products off the shelves
5:00 - What the variety of mortgage rate changes means for the borrower
5:43 - What can Landlords do in these new circumstances
6:30 - There are still opportunities for the savvy property investor
7:09 - How to use specific data to your benefit
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I’m Saj Hussain and I’m your expert guide through the world of UK property development and investment, and I want to give you the easy to understand property advice that turns bricks and mortar into assets and cashflow. In my free property training videos I’ll show you the property strategies I use so you can generate wealth through the UK property market.
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