1.5% Base Rate Cut: The Winners

Today’s unprecedented 1.5 per cent cut in base rate is great news for those with tracker mortgages – and may also bring relief for those on variable rates. Buy-to-let investors at Young Group’s myBASE1 development in Southwark completed on their purchases earlier this year, the majority taking tracker rate mortgages; many ... Read More...

BAA’s Crossrail Cash Injection Confidence Boost

Commenting on today’s announcement that BAA will inject £230 million to London’s Crossrail project, Neil Young, CEO of property portfolio managers Young Group, welcomes the boost to property market confidence that the project will bring. BAA’s £230 million commitment to the Crossrail project comes hot on the heels of Canary Wharf ... Read More...

0.5% Base Rate Cut in Surprise BoE Announcement

The Bank of England’s surprise announcement to cut the UK’s base rate has brought good news to millions of homeowners currently on tracker mortgages – but Neil Young (CEO, Young Group) questions whether the benefit will be widespread. It was widely predicted that the Bank of England’s Monetary Policy Committee (MPC) ... Read More...

Bank of England Ready to Slash Base Rate?

Thursday’s Monetary Policy Committee (MPC) decision on the UK’s base rate could bring the news that millions of homeowners are waiting for. It is widely predicted that the Bank of England’s Monetary Policy Committee (MPC) will cut the base rate by at least 25 basis points (from 5.0% to 4.75%) when ... Read More...

Lehman Brothers’ shares v buy-to-let investment?

With news of the demise of Lehman Brothers, the respected 158 year old investment bank, on everyone’s lips it’s an opportune time to reflect on the performance of equity investments and tangible property assets. The Property Market: • Property prices can fall e.g. in the early 1990s, property in England fell by ... Read More...