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The Property Podcast

TPP256: Using the Ripple Effect to find the next property hotspot

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 8 February 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

On this week's Property Podcast...

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everyone and welcome to the Property Podcast. I'm Rob B with of course Rob Day and this week on episode 256

0:07.6

We're looking at a tactic a technique and insight that you can use to get ahead of everybody else in the property market.

0:17.0

Yes indeed this is one you're going to want to pay attention to because this is

0:25.9

what we get asked all the time what everyone wants to know where is the next

0:29.2

property hotspot well we venture an opinion on that from time to time on the podcast, but today we're going

0:34.7

one better. We're helping you to find your own, so you can look around, find the next hot area,

0:38.8

and potentially get in early before anyone else. So that's our topic this week and as ever if you stick around

0:43.7

we've got a resource for you as well and it's only a bloody interactive map. Oh yes we love

0:48.4

a map but it's a really good one it's one that I'll actually use and not just tell

0:52.0

you about so make sure you listen to the end.

0:54.4

But before we do we always kick off with our news story and Rob a bit of a messy court case

1:00.4

and lots of people speculating about the outcome of this, what am I loosely alluding to?

1:06.5

Yeah, this is a landmark court case around the costs of leasehold and renewing short leases. This is meant to be a really big deal. The thinking was that the current

1:16.0

method of assessing the cost of extending short leases was going to be overturned by the court,

1:20.6

they were going to come out with a new one and it was going to be more

1:22.6

favourable to the leaseholder. In the end nothing happened. The court decided to keep things

1:27.9

the way they were. So it seems like no news at all, a whole big nothing, but worth mentioning because I think the reporting

1:34.0

around this has been really shoddy. If you read a lot of what's been in the press

1:37.1

around this this week you can get the impression that the costs of extending leases

1:41.0

are going up, you can get the impression that this affects all

1:43.8

leases but none of this in fact is the case. So for a start the costs of

1:47.6

extending leases aren't going up at all. They're just staying as they are so

...

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