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The Property Podcast

TPP368: Coronavirus: Property insiders share what's really happening

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 2 April 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

This week on The Property Podcast, Rob & Rob are talking to property experts and going behind the scenes to gain insight on how Coronavirus is impacting the property industry.  They’ll be talking to a property sourcer, a lettings manager and an investment consultant, and diving into what’s happening in their worlds right now.  And of course, they’re all experts from our own teams. Some people who might be new to The Property Podcast might not know that we have a number of businesses under the one roof including lettings, invest, tax and homes. So, this is your chance to hear from the best of the best, and hear first hand on how Coronavirus is affecting team Property Hub.   In the news this week, we’ve actually got two positive news stories for you, can you believe it?!  The first is about mortgage holidays for buy-to-let investors, specifically those who invest in limited companies. And it’s good news! You are eligible for the mortgage holiday scheme, just like those who have bought in their personal name. That’s actually always been the case, there was just a bit of misunderstanding around it.  The second piece of good news is around the length of mortgage offers. Across the country there are a number of people who have exchanged on a property but it’s incredibly difficult for them to complete on them for logistical reasons and people are no longer allowed to move homes. The good news is that mortgage lenders are allowing 3 month extensions on mortgage agreements so you don’t have to worry about them expiring before you can complete.    Our Hub Extra this week is one we’ve mentioned previously in our Hub Extra email, and it’s Disney+. We all know Rob B is a huge Disney fan so we’re struggling to figure out if he’s subscribed for himself or his family. But what we do know is that a number of the Property Hub team have also been enjoying the classic (and remakes of) Disney movies.  So if you haven’t subscribed to it yet, why not try the 7 day free trial and maybe watch some of your favourite Disney movies as many times as you’d like? We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.   Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hi Robby here with Rob D and you are listening to the Property Podcast

0:06.0

now this week we're going behind the scenes we're speaking to the people on the

0:10.1

front line of property those who are dealing with this weird world that we're in right now.

0:14.4

We're going to be speaking to a deal saucer, a letting agent, and an investment advisor.

0:18.4

And you're going to get from them exactly what's happening in their world right now, so you're better informed.

0:24.4

Welcome to the Property Podcast where every Thursday

0:33.2

Property investors come to be informed and inspired and let's be honest we need a lot

0:37.4

of both of those right now. We are in a fortunate position though that we do have

0:42.3

access to people who are dealing with

0:43.9

property investors at scale so if you're looking at what's happening in your own

0:47.3

portfolio or your own market and wondering if it's normal or you've encountered a situation

0:51.8

and you want to know what other investors are doing.

0:53.6

Well we've been talking to our team and we should be in a position to help in this episode.

0:57.6

And make sure you stick around to the end because in Hub Extra we've got the perfect service to help take

1:02.2

your mind off things a bit.

1:04.3

So a couple of new stories for you now and amazingly we've got two positive

1:09.2

news stories from property investors. I know bonkers right you wouldn't think we could

1:12.3

find one but

1:12.9

we found you too. So the first one is about mortgage holidays for buy to let investors

1:17.3

but specifically those who invest through limited companies. Yeah so the story that we

1:21.7

found is from mortgage strategy and it's confirming that mortgage

1:25.0

holidays can be claimed not just by investors who have bought as individuals but also those

...

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