Reaction To The Budget And Base Rate Reduction With Ellie Broadhurst
Description
In this episode, I’m joined once again by our expert mortgage broker, Ellie Broadhurst, to discuss Rachel Reeves' recent "doom budget" and what it means for property investors. We’ll talk about the latest budget, its impact on the property market, and what lenders are saying about it.
We’ll also break down the Bank of England’s recent decisions, how rising interest rates are affecting property investment, and what to expect moving forward.
Plus, we’ll cover changes to stamp duty, new opportunities in commercial property, and offer some advice for property investors.
Topics covered in this episode:
- 03:43 – Lenders' views on the latest budget
- 09:33 – Best opportunities for professional landlords
- 11:54 – Reaction to stamp duty and interest rate changes
- 18:14 – Property market predictions for 2025
- 24:30 – Advice for property investors
Contact Ellie here, if you’re interested in discussing your HMO mortgage and finance needs.
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