Rates Look Set To Stay Higher For Longer, But That Doesn’t Mean All Property Values Will Fall

The UK’s challenging economic environment shows few signs of easing. To combat persistent inflation, the Bank of England increased interest rates by 0.5% in June, and markets now expect rates to peak around 6% by the end of 2023. Two-year gilt yields are at their highest level in 15 years.

So do higher-for-longer rates mean that property values should fall further? Not necessarily, Birchwood Director Kate Tovey said. Bisnow spoke to Tovey about where Birchwood views opportunities for real estate investors against the current economic backdrop.

Click here to read the full interview: Rates Look Set To Stay Higher For Longer, But That Doesn’t Mean All Property Values Will Fall

Post By:Felicity Francis for Bisnow