I could be wrong but when Interest rates are set to hit 6% at least by year end to control rising inflation..With people paying mortgages at 6 times their annual salary,somthing has to give.. IMO it will be a housing CRASH!!
Im not sure how immigrants can afford our property prices and with landlords profits reducing to less than 3% they would be better off selling up and stashing the money in the bank.. They can get 6.25% with a simple savings bond these days.
