PRESS COVERAGE
Rising interest rates, the mortgage squeeze… so what next? The four questions everyone needs answered about the property market
Country Life readers faced the same four questions as every other mortgage holder in June 2023: what do the rate rises mean for me, when will they stop, should I fix, and how do I remortgage in this market? Adrian Anderson provided considered answers to each, grounding his guidance in the realities of the current product landscape rather than predictions about monetary policy. His contribution offered practical decision-making guidance in a market where the old assumptions had stopped applying.
Extract Published - 23rd June 2023
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Property experts on the Stamp Duty cut: ‘Soaring mortgage costs will bring house prices back down to earth, irrespective of tax cut’
The stamp duty cut announced in September 2022's mini-Budget initially read as unambiguous good news for buyers - but Adrian Anderson offered Country Life readers a more nuanced picture. He argued that while the threshold change was welcome in isolation, the market's reaction to the mini-Budget's unfunded spending was pushing mortgage rates to levels that would quickly offset any stamp duty saving for buyers who needed finance. 'Soaring mortgage rates will bring house prices back down to earth irrespective of the tax cut,' he told Country Life, urging buyers to focus on total cost of ownership rather than the tax benefit alone.
Extract Published - 23rd September 2022