Anthony Emmerson

that whole debate about rental versus owning on a month to month cost basis is if you're young and you've got a deposit, it probably makes sense for you still to buy a house than it is for you to rent.

It does, yeah.

I can totally see where you're coming from on that, but the problem is the Renters Reform Act has also kicked in now, which is meaning that we've got more and more landlords leaving the sector.

And that means that we're going to have less rental properties available, which is going to drive the prices up.

It's going to have completely the opposite sort of effect that maybe the government wanted, but it is definitely going to mean that renting is going to get more and more expensive as we move forward.

i think so i mean we've seen that flats in particular which were the vast majority of the rental stock a lot more stock is on the market and therefore those prices are being pushed downwards because of the supply and demand imbalance you can probably pick up a fairly decent deal in the rental in in a flat market at the moment then you could maybe compare to a year or two ago

That means that obviously if you are a starter, first time buyer, there is probably a couple of good deals out there, which will make sense.

And obviously the bigger the deposit you've got, we're looking at rental properties.

If you bought something at circa 600 odd thousand pounds and you were in your early thirties, you could probably get a mortgage costing you around about two and a half thousand pounds on a capital repayment basis, even at 90% lines of value.

Now, those sorts of properties from what we've seen are renting for around about two and a half thousand pounds.

So it's quite equitable, but obviously in your capital repayment mortgage, there is an element of capital repayment which you are getting back over the course of time.

Who knows?

At the moment, we've had a couple of lenders

just this morning saying that they're reducing their rates.

But when I say reducing, they're only coming down by 0.05 of a percent.

So it's very, very nominal.

We are very nervous about the fact that inflation is a

sort of rearward looking um metric and we are yet to see the full effects of inflation and the pressures that that puts on everything else um come through in the figures so we think that

you know, the cost of fuel, fertilizer, and all the other bits and pieces is really going to come to the fore in the next couple of months.

And you might see rates remain at this sort of level for a while while they wait for more data to come through.