Bank of England Governor Says People Shouldn't Ask for Pay Rises

Your July Market Update is here! 

It’s that time of the month! It’s market update time… and it’s a biggie! 

Rob & Rob have got a lot to cover, from the property boom and build-to-rent, to the best places to invest and the booming rental market (yes, it’s still booming!) and so much more! 

Tune in and make sure you’re all caught up. All the links you need are just below: 

House Prices 

• Latest Hometrack report 
• Knight Frank revises up its house price forecast despite cost-of-living crisis 
• ‘Dash for property over’ as price growth slows - Nationwide 
• Zoopla: 'Forced sales unlikely but price growth will slow' 

Property Boom 

• Bank of England withdraws mortgage affordability test 
• No 10 considers 50-year mortgages that could pass down generations 
• Halifax lowers deposit needed for new build houses 

Rental Market 

• Eye-watering rent rises as increasing inflation grips the UK 
• A third of all new homes in London are build-to-rent 
• LATEST: 820,000 private rented households facing gap between benefits and rent 

Lending 

• Average mortgage product fees fall on annual basis: Moneyfacts 
• Should landlords pay early redemption fees to avoid mortgage misery? 

Manchester 

• Manchester named 28th most ‘liveable’ city in the world 2022 – and beats London, Barcelona, and more 
• Why Manchester is the destination for savvy property investors 
• LATEST: Manchester reveals more details of its selective licensing expansion 

Short Term Lets 

• Registration scheme to stem short-lets tide is up for debate 
• Section 21 eviction ban? We’re off to short-term lets, say thousands of landlords 

Other 

• EXCLUSIVE: New guidance to make EPCs more accurate after 10-year wait 
• ADVICE: Are you ready for the Leasehold Reform Act going live on 30th June? 
• How long does it take to move in 2022? 
• Andrew Bailey faces Bank of England mutiny over staff pay rise 

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