Should you back to buy-to-let?

Is the British property market in a bubble or not? Your answer will depend on where you live and what you think about interest rates. If you live in London, the answer is a clear yes. On any reasonable metric, there is a property bubble.

No one on even a pretty high London salary can afford to buy a place anywhere near the centre; yields are pathetic – more 2% than 6%; prices have been rising for 39 consecutive months; and any agent on even a nodding acquaintance with honesty will tell you that speculation is rife.

They’ll also tell [...]

MoneyWeek magazine

Latest issue:

Magazine cover
the final frontier

Staking a claim in space

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking