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Hi, I am Mark Munnelly Accountant from UK, Should i buy or rent during this pandemic?

  • Thread starter MarkMunnellyAccountant
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MarkMunnellyAccountant

New Member
Hi everyone I need your help, I am Mark Munnelly Accountant and I recently moved to the UK so just need your suggestion that should i buy or rent especially in this pandemic,
your suggestion will be very valuable to me.
Thanks
Regards
 
F

FWL

Member
A lot will depend on the funds you have available. In the longer term there is value but in the short term it may be difficult before it gets better. Also, interest rates are near historic lows which is reflected with mortgage rates. However, personally I dont see interest rates rising very much in the next couple of years at least and maybe even longer. In summary, there is value, you can also get some great rental rates, and it really is just a matter of timing.

The £1k payment per saved employee will be paid in January 2021 - what will happen to unemployment after that?
 
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