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The Property Podcast

TPP241: A guide to property investment jargon

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 26 October 2017

⏱️ 26 minutes

🧾️ Download transcript

Summary

Do you know your GDV from your LTV, your Section 21 from your Section 8 and your ROI from your SVR? If not, never fear: this week we’re busting some property investing jargon! There are all kinds of acronyms and specialist pieces of terminology that get thrown around in property investing circles – and if you’re new to it, it can be intimidating to ask what on earth everyone is talking about. This week (a mere 240 episodes too late) we’re bringing you up to speed. (And if you consider yourself an expert, we bet there are still one or two you won’t be sure about!) Along the way we reference the following episodes and resources: Episode 20: Yields explained Episode 203: Don’t be afraid of bridging finance Free course: Should you use a limited company to invest in property? (free account required) Episode 213: Everything you need to know about leaseholds RESOURCE OF THE WEEK It’s another interactive map! The BBC has put together a handy resource showing where in the country you can afford to rent or buy. Potentially useful, but at the very least an excellent bit of procrastination. NEWS THIS WEEK Barely a week seems to go by at the moment without the government announcing that they’re going to crack down on something – and this week the Guardian reports that ministers have service charges in their sights. They want to put a stop to “rip-off” fees, and they’re holding a consultation. If you want to put your views forward, the call for evidence is here. WORK WITH US! We’re going to be advertising for a lot of new roles in the coming months – and to start with, we’ve got a couple of exciting openings at Yellow Lettings up for grabs. If you’re looking for your first role in property with the opportunity to progress, this could be perfect. Find out more at http://thepropertyhub.net/jobs. JOIN THE CONVERSATION Are there any abbreviations or specialist terms that got you saying “WTF” because we missed it out? We’d love to know, so join the discussion in The Property Hub! IF YOU ENJOYED THE PROPERTY PODCAST, PLEASE LEAVE A REVIEW ON ITUNES Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everyone, Rob B here with Rob D and you are listening to the Property Podcast, it's episode

0:05.7

241. And this week we're going to look at your BMVs, your ASTs, your BTLs, your GDVs.

0:12.1

This week we're mystifying property jargon so we better got on with it ASAP

0:18.6

Very good Rob very good. It's welcome to the Property Podcast. If you've been listening to the

0:25.7

last 240 episodes and you're wondering what the hell we've been talking about all

0:28.8

this time, but you probably should have asked before now, but seeing as you haven't,

0:32.0

that's fine, we're going to be going through all the kind of terms that get thrown around and explaining exactly what they mean.

0:38.0

We've also got a resource which is, wait for it, an interactive map, and a new story as well. But first Rob, we've got some announcements of our own.

0:46.0

We have loads going on. First one, quick one. We've got meetups. Yay, meetups next week. First

0:51.0

first day of every month. We've got over 30 around the world, mostly in the UK,

0:56.0

probably one local to you, unless you're listening to us in Ukraine, Iran, Iraq, or you get the picture, we're in most places.

1:03.2

Go to the Property Hub.net.

1:05.1

forward slash meetups, that's the Property Hub.net.

1:08.3

forward slash meetups, and get your free ticket.

1:11.8

I will be at Cheltenham. Rob will be somewhere, but who knows he might be

1:15.9

at yours, we don't know yet, but those people in Cheltenham, you've been warned.

1:19.7

Whether you want to turn up there now or not is up to you but at least you know I'm going

1:23.2

and I've not been to that meet up yet Rob so I'm looking forward to it.

1:26.4

Yep they're all a little bit different so I enjoy getting around loads of them so

1:29.7

maybe if you're in between two meet-up then you've been to one but you haven't been to the other

1:33.2

but you go somewhere new this month. So lots of options, lots for you to choose from. Now we're giving you a free evening of entertainment on the first

1:40.4

Thursday of every month but would you like a job as well?

...

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