The Property Podcast

It’s the September Market Update   In this month's market update, The Robs are giving you the inside scoop on the rental market, mortgages and of course, house prices.  They’ll be revealing where in the UK rental demand is booming and what government agency is predicting a market crash - yes, you read that right, a CRASH of 14%!  Things tend to be a little quieter this time of year as everyone jets off on holiday but seeing as that’s not an option for many of us this year, it’s no wonder Rob & Rob have got so much to cover.  Here are all the links you need for your extra reading this month:  House Prices:  UK house prices in June rose at fastest rate since 2004  House prices: Demand changes, not tax waiver, pushed prices up  Rental market pointer? Regional cities set to see biggest growth  Five charts that predict the next house price crash  UK house sales plunge in July after stamp duty holiday ends  And if you want to take a look at CEBR’s previous prediction of a 13.8% fall this year you can find that here.   Rents:   Here They Come: Rent controls to be introduced in part of the UK  Possession claims double as evictions ban ends but are way off ‘normal’  Mortgages:  Five-year mortgage rates drop below 1% – is now the time to fix for longer?  Bigger Picture:  UK loses 83% of department stores since BHS collapsed  Hub Extra   If you’ve been listening for a while now, you may remember a book we’ve mentioned before: Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou.  The book gives us the full inside story of the rise and fall of Theranos and its CEO and founder Elizabeth Holmes.   Well, John’s back with the final chapter as he catches us up on what’s happened since the story broke and takes us on the journey of the trial, which is set to begin later this month, in his new podcast Bad Blood: The Final Chapter.  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. See omnystudio.com/listener for privacy information.

It’s time for another round of listener questions for Rob & Rob, and this week they’re answering some commonly asked ones.  First up is Reese from Plymouth.   Reese is currently living at home with her parents, but she’s ready to make her first buy-to-let investment.  She wants to know whether it’s sensible for her to invest while living at home, or if she should wait until she’s in a house of her own before getting started with investing.  Next, The Robs hear from Bailey in London.  Bailey’s finally in a position where he’s ready to purchase his first buy-to-let property, but he’s getting conflicting opinions from his parents.  They feel strongly that he should be putting his money into a pension instead of property... Bailey wants to know whether Rob & Rob think one strategy is smarter than the other.  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. See omnystudio.com/listener for privacy information.

This week on The Property Podcast we’re battling with Dave Ramsey on mortgages  If you’ve not heard of Dave Ramsey before he’s a huge financial personality across the pond, and he believes that you should NEVER use a mortgage.  And if you’ve been listening to The Property Podcast for a while now, you’ll know that Rob & Rob probably have a fair few things to say about this.  So, in this episode The Robs explain why Dave Ramsey is completely wrong and how leverage is an investor’s super weapon.  In the news  This week’s news article is an interesting one as it claims that the stamp duty holiday had no effect on the current market frenzy.  Think-tank has suggested that the stamp duty holiday impact has been overstated, but what do Rob & Rob think?  Hub Extra   We’re back with another triple whammy of resources for you to soak up this week.   The first one is The Meaningful Money podcast which covers all aspects of money and personal finance. It’s definitely worth a listen as Pete Matthew breaks down everything you need to know in everyday language.  We’ve mentioned this one before, but only because we swear by it and that’s the Rich Dad Poor Dad book. Robert Kiyosaki talks all things good debt vs. bad debt, so don’t just take our word for it and give this one a read.  If one book isn’t enough, then make sure you give The Millionaire Fastlane a read. It’s a cheesy title, and a bit of a cheesy book but it’s essential if you want to understand the concept of building your wealth and creating more money for yourself.  And if you’re looking for the Turn £100,000 into £1 million YouTube video Rob & Rob mentioned, you can find it here.   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. See omnystudio.com/listener for privacy information.

It’s that time of the week where Rob & Rob answer more listener questions, and this week we’ve got two cracking ones!  Our first question is from Jeff in London.  He’s looking to buy his first property in Hoggeston with a friend, but the company who’ve listed it are looking to charge a buyer's premium.  Jeff was pretty surprised by this fairly large additional charge and wants to know Rob & Robs thoughts on whether this is something to be cautious of and if the buyer's interests are considered in this process?   Our next question comes from Katie across the pond in the states.  Katie would love to hear Rob & Rob’s opinion on the renowned American personal financial figure Dave Ramsey.  Ramsey’s approach on investing in property is you should always buy in cash, but what do Rob & Rob think about this and is there ever a time where buying in cash only is the better option?  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. See omnystudio.com/listener for privacy information.

Real-life Monopoly – The important property lessons you can learn  Besides revealing which family members are sore losers and causing fights, Monopoly has some seriously important lessons about personal finance and investing.  But can these be applied to real life?  In this episode of The Property Podcast, Rob & Rob share the important lessons you can apply to your property investments.  For further learning on buy-to-let mortgages check out this video.  In the news  We’ve got two news stories for you this week.  The first one shares research from Halifax that shows that the average home in the UK now costs 8.1 times the average earnings, suggesting that property affordability has hit a 10-year low.  But are houses actually less affordable?  Which? has revealed this five-year mortgage with rates that have dropped below 1%. So, once you’ve overcome the hurdle of saving up your deposit, property can still be pretty affordable.  Hub Extra  We’re spoiling you this week as we’ve got three Hub Extra recommendations heading your way.  The first one is of course, Monopoly the game. If you’ve not played it before, it’s about time you get your hands on a set and give it a go.  But if like most people, you’ve played Monopoly more times than you can count and you’re up for a challenge Robert Kiyosaki’s version – Cash Flow may be the game for you.  If you’d rather avoid the family fallout, then make sure you give this podcast episode by Business Wars a listen.  Business Wars covers all the key battles in business, sharing the stories behind the companies that have shaped what we buy and how we live. Give Monopoly: Winner Takes All a listen to hear the story behind the family classic that was created over 100 years ago.  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. See omnystudio.com/listener for privacy information.

Rob & Rob are back once again to answer two more listener questions.  Our first question this week is from Alex from Reading.   He’s recently bought his first buy-to-let property and has naturally spent all his money.   So now he’s in the process of saving for another deposit.   But what Alex wants to know is if The Robs have any tips on how he can speed up the savings process so he can purchase properties two and three quicker and start building his portfolio.   Next up we’ve got Sam from Bedford.   Sam has been listening to the podcast for a while and now she’s ready to take the plunge.   She’s really keen to get into the property investment world and she’s wondering if joint ventures are a good way to get started?  Would Rob & Rob recommend joint ventures?   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.See omnystudio.com/listener for privacy information.

Is BMV dead or is there still a way you can do a deal? In the property world we love bagging ourselves a deal. But right now, the property market is incredibly hot.   So, does that mean doing a deal or better yet a BMV (below market value) deal is almost impossible?  That’s what we’re going to explore in today’s episode so make sure you tune in.   If you want to learn more, check out our free course on how to get a deal.    In the news  If you listened to last week’s episode, you’ll remember that we were stunned by some data from the US property market.   It was the fact that the US property market is up 23% year on year which is crazy! We promised to investigate more into this and we’re keeping our promise.   That figure was based on existing inventory, not new build homes. So, the growth was actually 15.8% which still makes our own boom look like nothing.   This data was taken from a Forbes article where it looks at America’s states.   Another news story we spotted this week was ‘owners of low-rise flats freed from wall safety certificate need’. In a nutshell, anyone who owns a property in a building smaller than 18 metres no longer need an EWS1 certificate.     Hub Extra  This week’s Hub Extra recommendation is a book from Rob B. It’s a combination between sport and business so if you have an interest in either, you’ll enjoy this book.  It’s called ‘Relentless: 12 Rounds to Success’ by Eddie Hearn.  This isn’t a rags-to-riches story because Eddie Hearn came from a wealthy family (which he acknowledges in the book), but is covers the struggles he had to overcome to be his own successful person and step out of his father’s shadow.     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. See omnystudio.com/listener for privacy information.

It’s Tuesday which means Rob & Rob are back to answer two more listener questions.  The first question this week comes from Rachel.   Rachel and her brother currently own a buy-to-let property in the South East and they’re now looking to buy their second property in the north of England for cash.   They’ve found a property in Kirkdale, Liverpool for £65,000 which could give them an annual yield of 8.31%.   Naturally that type of yield would be attractive to anyone, but after seeing one of Property Hub’s Instagram stories advising to buy a property that’s worth at least £100,000, Rachel is now wondering if this property is too cheap?  Our second caller is Kenneth.  He’s listened to our episode on quantitative easing about three times because it’s just so significant.   Kenneth wants to know if we’re heading into a period of inflation in the future. As governments often control inflation by rising interest rates, does this mean that we’re going to see mortgage rates go up in the next few years?  What are The Robs guesses and predictions for mortgages in the next few years?  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. See omnystudio.com/listener for privacy information.

It’s the August Market Update  The property market is incredibly hot right now. In the UK it’s crazy, but on this month’s market update, The Robs are revealing some numbers from the US that will blow your mind!  This time of year is usually a quieter one, but that certainly doesn’t seem to be the case in 2021.   Here are all the links you need to get stuck into today’s episode.  Prices:  UK House Price Index – June 2021  Super-rich buyers coming back to prime – Savills   US cannot afford housing market ‘boom and bust’, warns Fed official   Pandemic fuels broadest global house price boom in two decades  Mortgages:  TMW returns to 80% LTV but only on energy efficient homes  Thousands of landlords released from ‘cladding hell’ after EWS1 forms scrapped  The minimum energy performance of buildings bill  Other:  Government reveals where all the landlords live in the UK  The pandemic property boom is pricing locals out of the British countryside  And finally:  House prices set to continue rising as supply shrinks    Hub Extra  This week’s Hub Extra resource is a tool called Propcast which refers to itself as a house selling weather forecast.   It gives you a weather map of the UK showing you which areas are the hottest, meaning it should be quicker and easier to sell your home.   Right now, it seems that everywhere in the UK might require your factor 50 sun cream.    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. See omnystudio.com/listener for privacy information.

The guys are back for another fantastic episode of Ask Rob & Rob.  First up this week we’ve got Lil who’s looking for an answer to a common question we get asked.   Lil currently has a residential property in London that she lives in, and a buy-to-let property in Liverpool.   She’s going to be moving cities soon and needs a property with more space, so she’ll be switching her residential property into a buy-to-let property.  In the short-term, Lil plans to rent herself until she finds the right property, but she can’t seem to figure out which scenario is best.   Should she use the money she has to purchase a bigger property that’ll serve her needs, or should she put it into another buy-to-let property and continue to rent herself?  Our next question comes from Bern who has a question about mortgages.  Currently Bern has two buy-to-let properties, one in his personal name and another in a limited company.   Bern is planning to purchase another buy-to-let property through his limited company, and then look to purchase a residential property for himself.  He’s wanting to know if when it comes to purchasing the residential property if he’ll have any issues getting a mortgage if he already has three other properties?  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.See omnystudio.com/listener for privacy information.