All products, including housing, are impacted by the simple law of economics - supply and demand. The value/cost of said products are thus directly linked to the supply and demand.
In the UK, for the foreseeable future, our population dictates there will always be over-demand for housing -...
Me too [similar] - my £90k 2-bed BTL mort is £230 pcm at the mo and my £125k 4-bed house mort is £325 pcm at the mo and my tennant pays £535 pcm.
Won't last forever once the base rate increases later this year.
Its also giving me a PAYE exosure as well - my SA said I was £24 underpaid and the...
Houses are a comodity to which the basic laws of economics will still apply.
In simple terms it comes down to supply and demand [I know most of you will already know this].
The UK housing market [availability] in acknowledged to be in short supply.
The UK propensity for home ownership continues...