Will the change in pensions create a property boom?
The pension world is about to change radically in April 2015; and a huge
wall of money is predicted to hit the property market, whether owner-occupied or rental property. Already one in three people is opting for a property nest egg as opposed to a conventional pension, and the new changes mean that the property pension pot is likely to soar in popularity. Many landlords will then be able to use their pension to repay their mortgages, refurbish their properties, and buy more property. Or, this may well mean the entire property market is under-pinned by a new injection of investment that means property makes even more sense as an investment.