4.8 • 2K Ratings
🗓️ 8 February 2018
⏱️ 20 minutes
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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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