ASK297: Is this property too cheap? PLUS: Does inflation mean mortgage rates will go up?

It’s Tuesday which means Rob & Rob are back to answer two more listener questions.  The first question this week comes from Rachel.   Rachel and her brother currently own a buy-to-let property in the South East and they’re now looking to buy their second property in the north of England for cash.   They’ve found a property in Kirkdale, Liverpool for £65,000 which could give them an annual yield of 8.31%.   Naturally that type of yield would be attractive to anyone, but after seeing one of Property Hub’s Instagram stories advising to buy a property that’s worth at least £100,000, Rachel is now wondering if this property is too cheap?  Our second caller is Kenneth.  He’s listened to our episode on quantitative easing about three times because it’s just so significant.   Kenneth wants to know if we’re heading into a period of inflation in the future. As governments often control inflation by rising interest rates, does this mean that we’re going to see mortgage rates go up in the next few years?  What are The Robs guesses and predictions for mortgages in the next few years?  Tune in to find out.    Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.  See omnystudio.com/listener for privacy information.