With the economy still a little bit unstable, Allan has received a lot of questions about how his current projects have been affected, so today on the podcast Allan gives you an update on what his situation is. How have interest rates affected his portfolio and how is that making him feel?

KEY TAKEAWAYS

  • There is still a demand for housing in the UK, especially when you’re building the right types and in the right place. That demand will never go away no matter what interest rates are doing.
  • At the beginning of this year Allan moved his 2 year fixed rate mortgages onto 5 year fixed deals.
  • You have to do your numbers and have to be confident about what your project has to deliver. The projects you’ve planned may have had dramatic changes in the margins you’ve planned for.
  • Prices in certain parts of the country have been artificially inflated by people looking to move during the pandemic.

BEST MOMENTS‘We’ve had a decade of cheap borrowing and that’s driven house prices through the roof’‘People keep asking how we keep finding this stuff’‘We’re lucky that everything we’ve completed on is from when interest rates were lower’‘Property isn’t a quick game’

ABOUT THE HOSTAllan HardingI’ve had an amazing career through setting up my own businesses. It's time I gave that back to help other people achieve where they want to be in life. Through my learnings and those of the guests I have on the podcast I hope you find what you are looking for. I am certainly learning with every conversation that I have.From Art to finance, IT to Music, Some of my guests have led extraordinary lives and you can too. These recordings are unscripted and a natural conversation that explores peoples inner beings!

CONTACT METHODallan@fxtechnologies.co.uk
IG: @allanh1 https://instagram.com/allanh1
Facebook: https://www.facebook.com/allan.harding.37
Website - https://allanharding.co.uk

PODCAST DESCRIPTIONEntrepreneur, Business owner, Property investor and developer, Allan talks to people across the world asking questions that will help you determine your own journey and help. Having built several successful businesses and created a lifestyle to be proud of, Allan has set out on a journey to help as many people as possible achieve their dreams.

Hit me up on Instagram!: https://instagram.com/allanh1

See omnystudio.com/listener for privacy information.

See All 39 Episodes of "More Than Just Property"