So here’s my property buying-and-selling advice (yes, I can give it freely as it’s not regulated!) If you’re moving house to somewhere new that you love, it doesn’t matter if you pay over the odds. You’re selling too and it’s all relative. If you’re a first time buyer, don’t rush, you will get on the ladder, it won’t disappear and will soon be more affordable. If you’re buying to let, don’t. If you’ve already bought and are letting, sell now while the going’s good. Then call me.
“John Lewis foray into BTR could result in losses of £57m”
I did predict a while ago that Waitrose Homes rather than Waitrose Home Deliveries could be the future. John Lewis were probably the most benign big business to decide to go into the housing rental market, a move which could swing things away from the unpredictability of the mass of private landlords who dominate the sector.