The Property Podcast

Alastair prompted this week's podcast topic, and it's a very important one!  But what's been happening with The Robs this week? Rob D is putting the finishing touches to his new book which will be out on April 26th, we're all excited about this one as it is definitely needed. The Robs will also be at the Meetups tonight - Rob B is stand in leader in King's Cross, but Rob D has travelled to Scotland to our rebooted Edinburgh Meetup. It's not too late to get your ticket to your local Meetup, and remember, there's zero selling, just good honest property chat over a few drinks. Now on to this week's big topic - interest rates! A brief history of interest rates Long term average interest rates are around 5% In 1990 they peaked at 15% For the rest of the 1990s they were roughly between 6% and 7% In the early 2000s they were mostly between 4% and 5.5% In April 2009 they fell to 0.5% and stayed there until a further cut to 0.25% last year Why are rates so low? To promote consumer demand. You’re more l