Interest Rates Hiked – Property Market Update May 2023

In this Property Education video, Simon Zutshi, author of Property Magic, founder of property investors network (pin), and successful property investor since 1995 discusses Interest Rates On the Rise Again 2023, and the impact it has on your UK Property Investing.

The current Interest Rate Crisis with the Base Rate now at 4.5%, the highest Interest Rates since 2008, has promoted Simon Zutshi to release this New Interest Rate Update.

Whilst there was a property crash in 2008, it was still a great time to be involved with Property Investments in the UK, as long as you knew what you were doing with your property investing. Simon underlines how this is a similar situation in 2023 with a falling property market, but you must utilize the best Property Investing Strategies for the Housing Market right now.

As part of his May Property Market Update, Simon explains how some landlords, who have Variable Mortgages as opposed to Fixed Mortgages, are now paying more Interest each month than the rental Income they are generating from their investment property, which might cause some landlords to sell their investment property and cash in on the great capital growth over the past decade.

With current Interest Rates and Inflation Explained further, Simon gives his Property Price Prediction and shares his thoughts on whether we will experience a Housing Market Collapse in 2023, similar to the property crash in 2008.

If you are interested in How to Become a Successful Property Investor with Interest Rates Up, Simon summarizes that you should be looking at High Cash Flow generating Property Strategies such as HMO Property Investing or Serviced Accommodation. With an increase in demand for HMO Property it is essential that you invest in High End HMO’s / Co Living in order to provide high quality accommodation.