Ep 421 - Investing across the interest rate cycle, overpaying ahead of a remortgage & securing your property asking price

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's episode Damien explores the impact of changes in the Bank of England base rate on investment markets, including equities, bonds, and commodities. Damien also provides insights on how to position a portfolio to benefit from these changes. Next, Damien discusses the concept of overpaying a mortgage during a high interest rate period and whether it is the best option if you are approaching the end of a low fixed-rate deal in the next couple of years. With 42% of house sellers now accepting offers below their asking price, Damien highlights a tool that can increase your chances of securing your asking price.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Mortgage overpayment calculator Mortgage repayment calculator Mortgage lenders agree to new charter 42% of sellers accepting 5% or more discount on asking prices Find the best and cheapest local estate agent in seconds   Thank you to our sponsor Netwealth Netwealth’s wealth management service combines a comprehensive low-cost investment solution with access to qualified advisers. They recently launched MyNetwealth – a digital dashboard that combines all your savings and investments – from multiple providers – in one place. MyNetwealth's wealth planner tool helps you visualise your current wealth and apply it to your future needs. It takes into account various factors such as age, investments, pensions, tax wrappers, and expected contributions or withdrawals – and calculates the likelihood of you achieving your goals. Daily updates make it easy to track the value and performance of your wealth. MyNetwealth also provides a library of useful personal finance content and if you ever need advice or guidance, their highly qualified team is always there to help. You can find out more information and sign up for MyNetwealth in 30 seconds visit my.netwealth.com. Please remember, the value of investments can go down as well as up, so you may get back less than you invest.