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The Property Podcast

TPP288: What has Brexit done to the UK property market?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 20 September 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

That’s right, Brexit discussions have become the nation's new favourite way to fall out with your friends and family. It’s not just a hot topic around dinner tables, it’s got the conversation flowing across our Hub members and on our social channels. Let’s take a look at what Brexit has done to the UK property market and what’s going to happen in the event of a deal, no deal, some other deal or another referendum. But first, we kick this week’s podcast off with some news stories. The main headline was that house prices were likely to fall by 35%. Did Mark Carney actually predict this, or was this the media attempting to stir us into a frenzy? There’s likely to be many property investors interested in this prediction, so it’s important to know where these facts came from and if they’re actually true. The main topic today is Brexit and its impact on the UK property market. And whilst the Rob’s don’t have a crystal ball, they share their thoughts this week on how Brexit is likely to affect UK property. If you’re a property investor, should you sit it out and hold off buying your next investment property or should you look for the opportunities that Brexit could present? Based on history and some fundamental principles, the Rob’s delve deep this week. So brace yourselves for a great podcast! This week Rob & Rob attempt to strip away the emotion and focus on the core facts that could lead to Brexit severely impacting the UK property market - or not. Should we be nervous? Should we take stock of the negativity surrounding the market? Or should we be embracing the buying opportunities that this could present to property investors? Hit the play button to find out. Hub Extra: Don’t forget Hub Extra which hits your inbox on a Friday if you’re a Hub member. It’s a good one! Make sure you subscribe if you’ve not already. It’s the most valuable email you’ll receive all week. Get involved: Are you following us on our social channels? Let us know if you have any topics you’d like us to cover. You can find us on Facebook, Twitter or Instagram. We’d love to hear from you. Also, have you joined our lovely property community yet? Join the conversation over in the Property Hub forum. We’re happy to keep the Brexit chat going over in the community but you’ll also be able to chip in on a number of property related topics to help you on your property investment journey. Our Hubbers are a great bunch of people and very helpful, so get over there and introduce yourself today. Whilst we’ve got you, we’d love it if you could head over and leave us a review on Apple Podcasts. Reviews help other podcast listeners find us. We also read out every single one of them on air, so head on over and we could be reading yours out on the next episode. Leave us a review on Apple Podcasts here. Not sure how to leave a review? This video shows you how to review and subscribe on Apple Podcasts. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everyone you're listening to the property podcast I'm Rob B joined by Rob D and

0:07.0

this week we're talking Brexit. There'll be some who will tell you Brexit is a

0:10.9

disaster of this country and some will tell you that Brexit

0:13.8

will create a land of milk and honey. We have a shared interest in getting this right.

0:19.0

I would say that you know Brexit is Brexit. Brexit.

0:24.0

It's welcome to the property podcast.

0:29.0

Thank you for joining us.

0:30.0

Today we're talking about the nation's new favorite way to fall out with your friends and family.

0:34.0

It always used to be house prices that were the topic of dinner party conversation,

0:37.2

but for the last couple of years it's been Brexit.

0:39.2

What happens though if you put the two of those together?

0:41.2

Wow then what conversation you could have. What

0:43.3

effect has Brexit had on the property market so far and most importantly what's

0:46.6

going to happen next depending on whether we have a deal, some other deal, no deal at

0:50.3

all or another referendum so we can prolong the whole thing even further.

0:53.6

That's what we're talking about in today's episode and stick around for Hub Extra where we've

0:56.7

got a fantastic quote that puts all this into perspective.

1:00.8

So this week Rob and with many weeks actually our news story later to our main topic which is Brexit

1:06.3

But we've selected a few new stories this week really to highlight what we're going to get into in a few moments time

1:12.1

Now the big headline, which is called the

1:14.2

attention of many of our listeners, is the house prices to fall by 35%, which was predicted

1:20.1

by Mark Carney. Or was it? and this is the key Rob there's so many big headlines out there

...

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