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

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 8 February 2018

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

We’ve mentioned it before, but we’ve never delved deep into it. This week, we’re discussing the ripple effect. We take a look at how it moved from London to Manchester, what it’s meant in those cities, where it could trickle down to and most importantly how you can use it to find the next property hotspot. NEWS THIS WEEK A landmark ruling in favour of a freeholder has caught our eye this week. Will leasehold costs be slashed? We take a closer look. You can check out the full story for yourself here RESOURCE OF THE WEEK A cracker this week in the form to of a yield map of the U.K. A big thank you to Michael for sending us this link We were eager to see if we had any investments in the top 10. Do you? 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 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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