The Property Podcast
ASK471: What should I do with £30k? PLUS: Will house prices ever get cheaper?
Apr 8, 2025
In this episode, the hosts tackle a burning question from a listener about investing £30,000 in a buy-to-let property. They weigh the pros and cons of popular hotspots like Derby and Manchester. The discussion shifts to whether current house prices will ever revert to historical norms, exploring the significance of house price to earnings ratios. They also analyze market trends, highlighting the resilience of house prices compared to rental costs and urging caution with financial data when making investment decisions.
07:37
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Quick takeaways
- A strategic approach to investing £30,000 involves allocating funds for costs and focusing on well-rated locations for potential appreciation.
- Current house prices are likely to remain stable despite historical ratios, influenced heavily by the lending market and financial landscapes.
Deep dives
Investment Strategies for Property Buyers
For those looking to invest in property, having a solid financial foundation is key. In the case discussed, a £30,000 savings fund can be strategically utilized; for example, allocating £5,000 for costs and using the remaining £25,000 as a deposit can open opportunities for purchasing property in various locations. Choosing between areas like Derby and Manchester is important, especially since properties in the latter might not offer the best investment potential due to their price and condition. It's advised to focus on buying properties in well-rated locations, as these tend to appreciate in value over time and provide more consistent returns.
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