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The Property Podcast

TPP223: What is happening to the London property market

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 22 June 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary

We have all the data and dig deep into what's happening in the London property market

Transcript

Click on a timestamp to play from that location

0:00.0

At dinner parties up and down the land people love to discuss property and especially so in London and the London property market.

0:08.4

So this week we're giving it the attention it deserves in episode two-two- Property Podcast, looking at what's happening to the London Property

0:16.4

Market.

0:17.4

Yes, welcome to the podcast, if you don't know know by now. I am Rob D, he is Rob B. We are talking

0:26.6

about what's happening to the London property market and it's really interesting.

0:29.7

You've seen headlines about this, you'll see more headlines about this in the year or two to come, I would say,

0:36.3

but we've dug through the data to really find out what's going on,

0:40.0

so at your next dinner party you can have an intelligent point of view and of course you can make the right investments.

0:45.0

Don't know which is most important. They're both important.

0:47.0

Oh, it's definitely to get one up on your friends, Rob. Let's be honest.

0:50.0

Profits good, but knowing more than your friends is always that a little bit more satisfying.

0:56.0

You can't put a price on that.

0:58.0

So yes that's coming up we've got a great resource of the week for you as well but let's kick it off as is traditional with a news story and a good

1:05.8

news story this week for expats. So we have a lot of overseas listeners, lots of expats in the Middle East, Hong Kong, Australia, all kinds of places,

1:15.0

all interested in investing in property in the UK and all really struggling with mortgage options.

1:20.9

There are mortgages for expats, but it is a restricted selection and the story

1:25.2

this week is that that range has got a little bit less restricted. A new lender, Vida Home Loans, has come into the

1:31.5

expat by to let market.

1:34.0

And it looks pretty competitive.

1:35.4

So you can get a loan to value of up to 75%.

1:39.0

You can get a maximum loan of a million quid, and you get rates from 3.89%. So this is definitely

1:46.6

good news for expats. Hopefully it's the first and more to come and rub I think hopefully

...

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