The Property by Kazy Podcast
EP 54 | Property Expert Shares_ Will Interest Rates Go Down_! PBK Podcast
Jun 30, 2024
Chris Frame, Senior Director at Get Ground, discusses the evolving landscape of property investment. He explores whether interest rates will decline and analyzes the sustainability of rental property demand. Chris highlights the advantages of using special purpose vehicles for ownership and the vital balance between technology and personal relationships in banking. The conversation touches on modernizing the property market, the challenges of moving from tenant to homeowner, and the shift in attitudes towards renting versus ownership amid economic changes.
35:27
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Quick takeaways
- GetGround streamlines property investment by offering a comprehensive platform that handles setup and financial administration for landlords efficiently.
- The demand for rental properties remains strong and sustainable in the UK, driven by a housing shortage that presents opportunities for new investors.
Deep dives
Streamlined Property Investment Services
GetGround operates as an all-in-one property investment platform designed to assist buy-to-let investors, particularly in light of rising mortgage rates. The platform was established to overcome challenges related to the time and cost associated with setting up and managing limited companies. By offering a one-time setup fee and an ongoing monthly subscription that covers comprehensive financial administration services, including bookkeeping and tax filings, GetGround simplifies the process for landlords. This model allows investors to focus more on identifying profitable properties while streamlining complex administrative tasks.
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