The Progressive Property Podcast Is Reform UK the Answer to Britain's Housing Crisis?
https://www.progressiveproperty.co.uk/raf/
Sean and Kevin discuss Reform UK party's housing policies as the UK approaches local elections. They challenge you to question your political allegiances and examine how Reform's proposed housing policies could impact the property market. Kevin talks about brownfield development, landlord incentives and the controversial Section 24 tax, while encouraging listeners to think independently rather than following family or media-influenced voting patterns.
KEY TAKEAWAYS
- Reform UK proposes accelerating housing projects on brownfield sites, particularly in coastal regions, with a loose fit planning policy to simplify large residential developments
- Giving landlords grants or interest-free loans to renovate empty properties could quickly address housing shortages, bringing hundreds of thousands of empty properties back into use more efficiently than new construction.
- Reform UK proposes prioritising local residents and those contributing to the system for social housing.
- Reform's proposed repeal of Section 24 tax (which removed mortgage interest relief for landlords) could potentially reduce rental costs by bringing more landlords back to the market, increasing available housing stock.
- Current landlord regulations are paradoxically driving up rents and forcing stricter tenant criteria, as landlords need more protection and higher margins to compensate for increased risks and costs.
BEST MOMENTS
"I don't vote for anybody, so don't say, 'oh, here's a thing for Reform.' I'm not a fan of anybody. I'm just somebody who believes that the country's needs change. It needs reform."
"The reason that rents are high is because there's a shortage of properties. The reason there's a shortage of properties is because landlords are leaving the market... Not everybody wants to buy. People at university don't want to buy. They want to rent."
"Question how you look at things. Don't be triggered. Be more focused. Don't be triggered. Be more analytical. Don't be triggered. Be more open-minded."
"We have lunatics running the asylum. They've never run a business... How can they run the biggest business that there's ever been? The country... We've got people in there that I wouldn't hire in my business, and it's a small business."
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
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