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Farm Business
Agricultural Matters
Interest Rates Predicted To Rise Very Soon
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<blockquote data-quote="Sandpit Farm" data-source="post: 7787810" data-attributes="member: 1646"><p>Having just bought a house that was a slight stretch, I am happy with the situation as it is. I guess it depends on your balance of assets/investments. Savings are pointless and have been for a while and the gamble for you would be if you invested in a property for the interest rates to then go up. I wonder if you would be better to buy a holiday let as it will actively accrue value at a higher rate and mitigate any potential reduction in value from interest rate rises... it's work and risk though! It will not be straight forward for people to go abroad for at least 12 months (testing adds cost and other continents are not as safe) so perhaps worth investing in the tourist side here.</p></blockquote><p></p>
[QUOTE="Sandpit Farm, post: 7787810, member: 1646"] Having just bought a house that was a slight stretch, I am happy with the situation as it is. I guess it depends on your balance of assets/investments. Savings are pointless and have been for a while and the gamble for you would be if you invested in a property for the interest rates to then go up. I wonder if you would be better to buy a holiday let as it will actively accrue value at a higher rate and mitigate any potential reduction in value from interest rate rises... it's work and risk though! It will not be straight forward for people to go abroad for at least 12 months (testing adds cost and other continents are not as safe) so perhaps worth investing in the tourist side here. [/QUOTE]
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Interest Rates Predicted To Rise Very Soon
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