Property special: The last hurrah for buy-to-let?

This is Money Podcast

This is Money

News, Business News, Investing, Business

4.4 • 735 Ratings

🗓️ 22 April 2016

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is dedicated to Prince.

We were already planning a bit of a musical theme after a reader emailed This is Money to ask if she was entitled to a refund for an AC/DC concert.

She no longer wanted to attend because the lead singer Brian Johnson has been replaced with the infamously unreliable Axl Rose.

But Prince’s death was a shock. We’re all fans. Our website is purple! RIP.

It’s also been, we think, a bad week for buy-to-let.

Following a record splurge on buy-to-let mortgages we discuss whether investors have now spent all they can and what effect that will have on the property market.

While we’re on the subject, property reporter Myra Butterworth has unearthed three dream homes for sale that featured in the popular TV show Grand Designs.

New-build homes are in the spotlight after a poll found that nearly three-quarters of buyers would avoid them – and yet another story emerges of extreme shoddy workmanship on a new house.

We even ask whether the European in-out referendum is affecting house prices?

Also on the show we look at…

Fraud and how to spot if a cash machine has been tampered with – it’s not easy

The latest sexed-up car emissions scandal

Have we found the hottest hatch ever? Classic cars are fetching silly money again.

And will our reader be able to get that rock n roll refund?

What do you think?

#prince #acdc #houseprices #buytolet

Email us hello@dmgmedia.co.uk

Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0	This is Money, brought to you in partnership with NS and I, giving you 100% security for your savings.
0:28.3	A very warm welcome to This Is Money and Share Radio podcast in partnership with NS&I.
0:38.0	I'm Georgie Frost here with you on DAB across the country, online and through the Share Radio mobile app every weekday from 9 until midday sharing ideas about money.
0:43.2	I'm joined in the studio today by editor Simon Lambert and development editor Rich Browning to talk through some of the stories on their website that they've been investigating over the
0:47.7	last seven days.
0:48.6	And on the agenda today, we've a property special from grand designs to a place in the sun.
0:54.6	Is this the last hurrah for buy-to-let as mortgage lending skyrockets almost 60%.
1:00.1	Nightmare new builds and is Brexit going to collapse our dreams of that chateau in champagne?
1:06.4	If we do choose to opt out, I don't think the whole of Europe is suddenly going to say, right, I'm sorry, you're a Brit, you can't buy in this country. Also today we focus on fraud with one. We're particularly being warned to be on the lookout for at the moment cash machines. But how can you spot when one's been tampered with? There may well be people out there who have had these problems thought they're were a bit silly, and just don't want to talk about it.
1:29.5	But the amount of money they've lost, it all adds up.
1:32.3	So contact your bank immediately.
1:34.4	We return to the car emissions scandal Mitsubishi and the firing line as VW aims to draw a line under the whole sorry issue.
1:41.7	The more manufacturers that are embroiled in this,
1:44.8	you do have to question whether it is an industry-wide scandal.
1:49.0	Sticking with cars, as Perrejo 205 GTI sells for a record 25 grand at auction.
1:54.6	We ask how the hot hatch became such hot property and...
2:02.6	I'm over how. Highway to hell. We're going to burn you all to say,
2:06.6	I don't know what they may regard you.
2:08.6	Some rather disgruntled This Is Money readers have emailed in and taken to Twitter
2:15.6	to complain that ACDC have replaced Brian Johnson
2:19.3	with Guns and Roses singer Axel Rose for their forthcoming UK tour asking, can I get a refund?
2:25.9	So I want to know, because we like to be positive here, a time when you were pleasantly pleased
	...

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