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The Property Podcast

TPP284: Inspiring Property Journeys From Everyday Investors

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 23 August 2018

⏱️ 32 minutes

🧾️ Download transcript

Summary

Earlier this year, we caught up with some of our Hubbers who are out there on their own property journeys.  They shared their plans, goals, challenges and successes. 6 months on, we chat to them again for a progress report on what they’ve been up to. NEWS THIS WEEK A story from the other side of the planet has caught our attention this week.  New Zealand is set to ban foreigners from buying property.  We discuss why they’d do such a thing and if is this something the U.K. should consider? HUB EXTRA This week in Hub Extra we feel we need to point you to the Property Hub Forum.  Not only is there a constructive conversation taking place - but it’s about Brexit! JOIN THE CONVERSATION OVER IN THE FORUM Share your stories with us - Join the conversation in the forum. 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

Welcome everybody this is the property podcast it's episode 284 and we're back

0:06.5

looking at our investors journeys let's listen to the story so far I lost a long-term job and was forced to sell my London flat so it

0:15.9

was with the equity from that I purchased my first two investment flats.

0:19.4

The bridging finance was so painfully slow and then the solicitors then slowed it down because there's two sets of solicitors, one for the Bridging Finance Company, one for me,

0:29.2

but that was something I didn't know going into the limited company structure.

0:32.1

We were 24, we were renting the rooms out to young guys,

0:37.0

and we were just partying with them day and night. 9. Thursday property investors come together to be informed and inspired.

0:53.4

And what a great episode we've got today, following up with investors just like you all at different stages of their property journey.

0:58.4

So we're going to see how they're getting on.

0:59.6

We've also got a

1:05.0

new story for you and if you stick around to the end for Hub Extra we've got an outbreak of civility on the internet.

1:07.0

But first up is our news story and a really really interesting news story

1:11.0

and this story is on the BBC website but it's about New Zealand

1:13.7

and their property market and they have now banned foreigners from buying

1:17.3

existing homes in the country which is a major major step it was a really

1:22.3

tight vote where it's been voted through.

1:24.3

Overseas investors still can buy new property, but existing property they can't.

1:29.4

Now, Rob, it's not because we're really now interested in the New Zealand property

1:34.4

market that will be bringing this forward to everyone's attention but possibly is

1:38.3

this a glimpse into our own future here in the UK?

1:40.5

It's interesting isn't it because it's one thing that's never really been on the table, but you could see in markets

1:46.3

like London it actually having a real impact because one of the reasons that London came back so quickly

...

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