Yes, the Economy is in Turmoil… Here's what we’re going to do about it!
Honest Property Investment with Natasha Collins - A podcast by Natasha Collins - Tuesdays
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It's been a full-on couple of days, hasn’t it?! To me, it feels like we are being pranked by our Government as seemingly they can’t read the room. The £ has fallen over a cliff and is making its way to the bottom of the South Sandwich Cliff (deepest underwater trench in the Atlantic apparently). The Bank of England base rate continues to rise and rumour has it will increase again by the end of the week. Mortgage products are being pulled. Valuations are being hit by material uncertainty clauses… expect 10-20% drops because of this and then mortgage underwriters may downvalue it some more. Yet, through all of this, I don’t see any reason to throw in the towel, its just time to change your approach. Want to know how? Listen to my podcast now! Sidenote: Throughout this period of recession it's going to be freaking hard to stay grounded. You’re going to want to scream, shout, hide, give it all up, start again, lose yourself, pick yourself up and it's going to be hard. Community is key. I promise you I have the best one in the Members Club, because no matter what day or time, you can ask us a question or just shout for help and we’ll be here to get you back on your feet. Want to know more? Email [email protected]