Pensions windfall could see buy-to-let boom - Money Marketing |
Pensions windfall could see buy-to-let boomMoney MarketingYour Mortgage Decisions director Dominik Lipnicki says: “This is a potentially dangerous policy because people are saving to have an income over 25 to 30 years and I think we will see a large number of interest-only borrowers using that cash to pay off their mortgages.” “Without a doubt we will see a boost in buy-to-let investment as a result of the pension system ... 1 UK - There is a finite amount of land to build on. 2 UK - Population is rising steadily year on year. 1+2 = reaonably inelastic demand then add in ... |
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