Alan Collett offers some 'home truths' on the investment case for residential property, arguing the fundamental investment benefits of the asset class will not change simply because interest rates are set to rise
As forecast by many economists, the Monetary Policy Committee last month maintained the Bank of England base rate at 0.5%. With inflation remaining above target yet economic performance mixed, however, commentators are now divided on whether there will be a rate rise later in the year - and perhaps even as early as August. There is also a perception, fuelled by headlines in the mainstream media, that house prices are falling. Against this backdrop, it might seem as if now is not a good time to invest in residential property - yet there are, we believe, several reasons why advisers should...
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