Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Is Buy-to-Let Property Rent Control Law A Serious Threat To Landlords And Tenants? Landlords switching to holiday lets and SA (Serviced Accommodation) for less regulation and higher profits. Rent controls will drive private landlords away, reduce inventory and increase rents for tenants. World Banks say central bank interest rate hikes could cause a 2023 recession. US Mortgage Rates hit 14-year high as Pound falls to 37-year low against US Dollar. How will higher interest rates affect property prices, wider economy and stock market? Watch video on Charles Kelly Money Tips YouTube channel = https://youtu.be/BmskS4YkTg8 Higher interest rates increase the cost of money or borrowing and has the effect of slowing down economic growth, profits and ultimately stocks and share prices. Property prices are higher than a year ago, but the rate of price growth is slowing. Corporate insolvencies have jumped in England and Wales, as economic conditions and inflation start to hurt businesses. A bell weather company, FedEx,