Bank of England cut interest rates by a massive 1.5%
The big news last week is that the Bank of England cut interest rates by a massive 1.5% down to just 3%, this is the biggest cut since 1955!!
So what does this mean to property investors? It means that the cost of mortgages should fall a little over the coming months, especially as Prime Minister Gordon Brown is putting pressure so that the interest rate cut is passed on to customers.
That means that investors should be able to buy cheaper houses (a 2.2.% fall in house prices in October), with a lower mortgage rate and yet still benefit from increasing rental demand and prices. This means investors have a great opportunity to find bargain properties that generate and impressive positive monthly cashflow!
As a friend of mine in the California is always saying…”get on the trainings!”… I can only suggest you do the same, whether you are an experienced investor or just starting out to build your portfoilo this page gives you that opportumity and you know what I’m going to say…it won’t cost you a penny! It’s FREE!
The Worldwide Property Group and Property Mentor have the professionalism, skills, experience, expertise and the time to teach you.
Filed under Property Investment Worldwide | by Overseas Property Investor



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