Market update: 8 May 2020

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.8 • 2K Ratings

🗓️ 8 May 2020

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rob & Rob are back again with another Friday market update for you. Could this week be the start in the decline of our market updates? Well, that all depends on what Boris announces this weekend. This week there’s been some positive news for Grand Junction, the first ever Property Hub Homes development. We’ve started to have units go through completion. Hurrah! And even better, after just a few hours of being on the rental market, we were inundated with rental applications from virtual video viewings. That’s mindblowing in this current market! Rob & Rob are also discussing the new bounceback scheme the government introduced a couple of weeks ago, aiming to get money quickly to small businesses. It’s quick and easy to apply for and is either up to £50,000 or 25% of your turnover. So, if this would give you a helping hand, it might be worth giving this episode a listen. And of course, The Robs will be discussing the current stock market so there’s plenty for you to digest this week! Enjoy - and we’ll be back next week! We’d love to hear what you think of our new market updates over on Facebook, Twitter or Instagram. You might even have a question 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.

Transcript

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0:00.0	Welcome to Market Update from the Property Podcast.
0:02.8	I am Rob D with Rob B.
0:05.0	This week we are a little bit less timely than usual,
0:08.2	so this is coming out on Friday the 8th of May,
0:11.3	which is a bank holiday, apparently, not that you can really tell the difference
0:14.0	between bank holidays, weekends and normal days at the moment.
0:17.0	So we are recording this on Thursday the 7th.
0:19.6	So if there is any big news over the course of the next 24 hours and we don't refer to it that will be why.
0:25.2	But we do have plenty of things to talk about today.
0:27.6	Before we get into those Rob as is traditional I need to ask you how you feeling this week?
0:32.0	I don't feel like I've had time to feel this week.
0:35.0	It's a four day week as a business we're still operating,
0:39.4	there's lots going on.
0:40.7	So it's kept me really busy.
0:42.3	But I'm not complaining, being distracted and therefore having no
0:45.6	feelings up or down. I'll take. I know it sounds a bit odd. But I'm okay with that. I'm happy with a week like that being full long so Rob I feel neutral
0:55.1	It sounds surprising to people to to hear that because I think there's a kind of an assumption that everyone's got a bit more time on hands at the moment but I know from
1:03.5	everything that's going on in the business and from the conversations we've had this
1:07.2	week I know that that's very much not been the case for you or for anyone in the
1:11.2	business really it seems like it's busier than ever.
1:13.4	Yeah which I think is a really good thing and a lot of businesses that did stop for a little
1:19.6	while or reduce activity for a little while are pushing ahead now so that's really cool to see.
	...

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