“Housing market outlook worst ‘for 20 years'”

Jan 19, 2019 | Housing market

When stockmarkets are bumpy, the frequency with which I’m asked ’should we invest in property instead because it always goes up and we’d get a regular income’ increases. So, for the record:

1. If your house was valued every day rather than every few years, it would go up and down just as much..

2. If you took an income from your stocks and shares, it would be about the same, but more tax efficient and possibly reliable than rental.

3. You can’t make a partial withdrawal from a house.

4. If you must, wait a bit as many (not estate agents, of course) think our property market might tumble soon…

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“John Lewis foray into BTR could result in losses of £57m”

“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.

“Should you fix your mortgage forever?”

“Should you fix your mortgage forever?”

In the US (and, randomly, Denmark) it’s the norm to fix-rate your mortgage for the life of your mortgage. For us and most others, it’s now usual to fix your mortgage rate, but only for a couple or five years at most.