The Property Podcast

Your August Market Update is here!  It's been a busy month, so Rob & Rob have plenty of headlines to get through in the latest market update.  From fast-growing cities and the removal of mortgage stress tests, to people getting the wrong investment advice from TikTok, The Robs are breaking down the biggest news of the month for you right now.  Stay on top of the industry’s breaking news by tuning in now. And all the extra links you’ll need are below.  Property prices  House prices growing at fastest rate since 2004  Growth is fastest in cities  Viewings have fallen by a third  The rental market  Rents have increased by 3% in the last year  Rents are growing fastest in Manchester  More tenants are renewing in London  Mortgages  Stress tests removed  Political pressures  A leading charity wants the rental sector to shrink  Labour’s “war” against holiday lets  All holiday lets to be licensed in Wales  Odds and ends  A third of all transactions fall through, and the ones that succeed take over 5 months   The national “rogue landlord” database is looking sparse  And finally...  Not all property advice given on TikTok is accurate  Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

It’s time for some more listener questions!  Kicking us off this week is Deemada.  Deemada is searching for his second buy-to-let deal but increasing interest rates have got him thinking about his profit margins.  He wants to know if higher rates will squeeze his profit and if so, should he still be considering buy-to-let right now?  Next up, we’ve got a question from AJ in London.  The latest legislation, especially the proposed removal of Section 21 has got them worrying about how this is going to impact landlords, particularly with rent increases.   They currently review their rent annually and adjust it according to the market – sometimes it goes up, sometimes it doesn’t. But they’re worried that this change in legislation could leave them short if a tenant refuses to accept the rental increase.  Do Rob & Rob have any thoughts on this?  Tune in to find out.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

What cities are best for yield? Usually, when we talk about the best places to invest, we’re looking at capital growth, but there’s plenty of investors that focus on high-yielding deals.  So, Rob & Rob have done a deep dive into the data, and they’ll be revealing the best cities to invest in if you’re investing for yield.  Not only will they be sharing the top five cities in terms of data, but they’ll also spill the beans on which of those cities they’d personally invest in.  In the news  Great news for the UK as major cities across the country land into Timeouts' top 53 cities in the world - with Scotland landing two cities in the top four!   The rankings are based on various things including safety, sustainability, and even nightlife.  It’s great to see some of the UK’s best cities being recognised globally and even beating places like New York and Paris.  Hub Extra  Working through your emails is never someone’s favourite task, but it can certainly be a quicker one with this week's Hub Extra.  Rob Dix has recently found Spark, it’s a mail app that’ll replace the one that’s automatically installed on your phone, and whilst the differences are subtle, he says they’re game-changing.  He’s clawed back time in his day, as he can whiz through his emails!  Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

Rob & Rob are back to answer more of your questions!  The Bank of England have been increasing interest rates, and there’s no signs of this slowing down anytime soon – that's why Tom wants to know what he should do about his mortgage.  One of Tom’s properties is on a 5-year variable rate mortgage with the possibility to leave at any time with no fees.  With the potential for interest rates to continue to soar Tom wants to know “Is now the time to switch to a fixed-rate mortgage?”.  Next up, we’ve got a question from Shaz in Derby.  He’s currently looking at purchasing a tenanted property, where the tenant is on a rolling, short-term contract. Shaz isn’t too impressed with the rent they're paying though, as it’s around 20% under market value.  He wants to know what his options are, and the best practice for raising the rent to meet the current market value.  Tune in to find out what advice the guys have got this week.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

How is Rob D’s pandemic purchase performing?  Today we’re taking a little glimpse into the past as we review one of Rob D’s riskier investments.  The height of the pandemic might not have seemed like a great time to buy, but that didn’t put Rob off getting his hands on a Property Hub Invest discounted deal in Nottingham.  And now it’s been around two years since he made the purchase, we thought we’d take a closer look at how it’s performing, share any lessons Rob learned along the way and answer the biggest question of them all – does he regret it?  In the news Now if you’re a long-time listener you’ll know we’re fans of Liverpool, and if there wasn’t reason enough, this latest headline will definitely help you understand why!  As Liverpool has seen a 160% increase in Chinese and Hong Kong purchases since 2017.  Now Liverpool’s world-wide reputation has always seen it performing better than other major cities in terms of overseas purchases, but what does this buyer boom actually mean?  Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

It’s our favourite time of the week - Rob & Rob are back with another round of listener questions.  First up, this listener wants to know the best way to achieve his goal of a passive income of £2,000 a month.  He’s figured out that to achieve this he’d roughly need around seven buy-to-let properties, and he’s got a few ideas of how he can get there.  He’s recently completed a flip with a friend and has around £75,000 in profit that he can use to invest again.  Should he continue flipping until he has enough cash to purchase all seven buy-to-lets at once, or should he purchase a couple of buy-to-lets now, let the market do its work, refinance and then purchase more properties later on?  Next up, we’ve got a question from Kieran in London.  Kieran’s recently come across the term ‘deal sourcing’ and he wants to know what it’s all about. What exactly does deal sourcing mean and is it a good idea?  Tune in to hear what Rob & Rob think.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

How will the new white paper affect landlords?  This has got to be the most anticipated piece of legislation that landlords have been waiting for, FOR YEARS and it’s finally here.  The government have laid out their proposals for the Renters Reform in their latest white paper, and it’s completely transformed landlord/tenant relationships forever.  With news on notice periods, arrears, evictions, rent controls and so much more, we’re surprised at how little coverage this huge update has received.  Now, it’s a very long document, but we’ve read it and we’re going to summarise everything you need to know in today’s episode.  There’s A LOT to cover as this report is going to completely shake up the industry.  In the news There’s a lot going on in the political world right now, including a new Prime Minister on the horizon, but that’s not the only important change we’re seeing right now.  The UK government has appointed a new housing minister... again.  It’s not the first time we’ve seen a reshuffle in the cabinet, and we doubt it’ll be the last. But what do Rob & Rob think about new housing minister Marcus Jones?  Hub Extra If you couldn’t tell, we LOVE a good podcast, and you can never have too many to listen to.  We’ve recommended this one before, but previously Rob & Rob have had to move it off their ‘must-listen’ list as the episodes were hours long and, let’s be honest, who’s got time for that?   But now The Tim Ferriss Show has brought out “Monthly Recaps”, it’s slipped right back on the radar!  All the best bits from the month have been condensed into a shorter format so you can skip the waffle and still get all the golden nuggets for the month.  Let’s get social  We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

Rob & Rob are answering some cracking questions for you this week, so let’s get stuck in!  First up Claire who’s wondering what she should do with her short-term savings.  She currently has three buy-to-let properties and is looking to purchase her fourth. As she’s unable to release any equity for around 18 – 30 months, she’s been building up her deposit in the bank.  But as a fan of The Property Podcast, the recent Inflation episode has got her wondering if there’s something else she could be doing with her savings in the short term to stop inflation eating away at them.  Next up, Ollie from Wiltshire has a question about mortgages.  He’s hoping to purchase his first property soon and is initially planning to live in it before he turns it into a rental property. What Ollie would like to know is should he get an interest only or repayment mortgage?  Tune in to find out what advice Rob & Rob have got for our listeners this week.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

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  Let’s get social   We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.

Rob & Rob are back for another round of listener questions!  Getting us started this week is Kieran.  Kieran is an estate agent in the East London area, and over the past 14 years he’s watched the market go from strength to strength.  So, when he came into £200,000 in inheritance, he of course wanted to get involved as he knows the area well and has built up a good network.  He’s recently witnessed the success of the Crossrail plans and the growth it’s brought to London with it, and it got him wondering about Crossrail 2.  He’d love to know whether he should expand his search to the home counties as the proposed plans for Crossrail 2 could have these areas mimicking the success he’s seen first-hand in East London.  Next up, we’ve got a cracking question from Klara.  Klara’s looking to buy her first investment property, but she wants to know the best way she can bag herself a deal.  Should she find a reliable and reputable sourcing company or save herself some pennies and get deal hunting?  Tune in to find out what advice Rob & Rob have got for this week’s listeners.  Do you have a Buy-to-Let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.