TPP342: What will happen if the market crashes?

Is the property market about to crash?

When the market starts to get heated, people get excited. There are those who take action and make money, but others get really nervous.   

What happens when we reach the top of the market? Is it a good time to buy? 

In this episode Rob & Rob are going to cover just that! And they’re sharing some interesting examples of what the numbers look like when you invest at the top of the market. 

So, is it wise to invest at the peak? 

Tune in to find out. 

 

In the news 

This week’s news story is from The Guardian and the headline reads ‘HSBC offers sub-1% mortgage as interest rate war intensifies’. 

So, if you’ve got a 40% deposit, are a residential buyer and got a good credit history and you want a two-year fixed with HSBC, then you’re in luck because you can now get a mortgage for under 1%. 

The last time they offered a rate this low was five years ago, and HSBC aren’t the only ones. It seems a number of lenders are battling it out for the lowest interest rates. 

So, it’s certainly the time to be re-mortgaging or moving house right now. 

 

Hub Extra 

This week’s Hub Extra comes from Rob D and whilst it won’t help you decide when to buy your next property, it is a great piece of entertainment.  

It’s a TV show called ‘Ted Lasso’ on Apple TV and it’s a comedy about an American football coach who gets hired to manage a British premier league team even though he has no experience what-so-ever.  

It’s quite a daft programme, but Rob D thinks it’s really funny and worth the watch if you need an unwind over the weekend.  

 

Let’s get social 

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