Property investment news – Brett’s analysis overviewing the UK budget 2013

Property investment News – overviewing the 2013 UK budget

In this video, Brett Alegre-Wood overviews the UK Budget 2013 and makes a property investment analysis. Rather than go line by line he summarizes the important bits for investors in the UK and abroad.

The 2 main things in the budget for investors is the Help to Buy Scheme which provides £3.5bn to help people get on the ladder and the £ 130bn Mortgage Guarantee that will help mortgages be more affordable and lenders be more at ease with lending at higher loan to values. Both programs should be a success…

This budget is a largely neutral budget, what is saved is spent… the chancellor is preferring to allow the natural market forces and time to solve the problems.

The summary is somewhat reminiscent of last years summary. Steady as she goes. Nothing in the budget should worry us nor would we jump up and down with excitement either.

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Live with passion,
Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.