Sign Up NOW: How Can Landlords Survive the Economic Turmoil?
Interest rates and energy bills are up and it’s hitting the property industry hard. According to the Telegraph, nearly two thirds of landlords will be coming to the end of their fixed-rate deals between now and the end of 2024 and, if their new deals are 4 percentage points higher than their current deals, 38% will find that their properties become unmortgageable and loss-making.
Sign up for the next Mashroom Show
- Updates on the economic crisis
- Interest rates rising: What does it mean for landlords?
- Will your property make a loss? How to protect your portfolio
- How to afford necessary upgrades?
- Get the answers you need!
Landlords today, particularly those who went through the last economic downturn back in 2008, are worried about weathering the current financial crisis. There are a lot of questions to consider, from how to cover an increased mortgage at a time when tenants are struggling to afford higher rent and energy bills, to how to afford upgrades demanded by new legislation.
We’re joined by Stephen Smith, a non-executive director and consultant in financial services, with 40 years experience in the mortgage industry, to give you all the insight you need to make the best decisions for your future.