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The Property Podcast

TPP211: Should you invest in new builds?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 30 March 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

A commonly asked question, discussed on this weeks Property Podcast

Transcript

Click on a timestamp to play from that location

0:00.0

New Build or not to New Build? That is the question.

0:04.0

We're asking today on the Property Podcast, it's episode 211,

0:07.0

It's Rob B here with Rob D.

0:09.0

And today we're looking at new builds. Yes, we are a topic that we've touched on many a time, but never given it its own episode.

0:19.6

So today we're putting that right, and also it gives me an opportunity to go on the record and set something straight so more on that in just a second

0:27.6

But before we get into our main topic a quick nod towards the news and Rob there's a new home track report out today we do like a good house price index

0:35.4

We do we do in home track makes it even more interesting for us because it breaks down the price growth or falls city by city.

0:45.0

And Rob, if only two wise property gentlemen said this at the beginning of the year,

0:50.6

but who has gone into number one for the first time? Manchester. I think this

0:56.0

is going to be a very small podcast. Yes Manchester topping the league with 8.8% growth in the last 12 months, beating Bristol into second.

1:06.4

It was previously topped with 8%.

1:09.2

And London has fallen further down the rankings is now 10th with growth of 5.6% so you know

1:15.9

growth of 5.6% over a year you wouldn't be

1:19.2

upset with that necessarily but it does kind of go to show that buying in London for capital growth,

1:24.5

that it's not an automatic thing to do. We have been saying for a while that we thought

1:28.8

that growth in the north would eclipse the south and bring the two closer together.

1:33.0

It appears to be happening.

1:34.4

And also a city we've talked about before as a one to watch.

1:37.0

Aberdeen continues to fall bottom of the league

1:39.7

minus 5.9%.

1:41.6

Really interesting market Aberdeen, as we've mentioned because how heavily

1:44.4

influenced it is by the oil industry. But interesting to see it continues of all

...

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