meta_pixel
Tapesearch Logo
Log in
The Property Podcast

TPP397: We reveal the area with the worst rental arrears in the UK (and two big news stories)

The Property Podcast

Rob Bence & Rob Dix

Education, News, Business News, Investing, Business

4.82K Ratings

🗓️ 22 October 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

What impact has coronavirus had on rental arrears? It’s safe to say that coronavirus has had the opposite effect on house prices than what we originally thought it would. But what about rental arrears?  Understandably, tenants have struggled more than ever to pay their rent. The government has even put in considerable measures to stop you from taking action against those tenants.  But what impact has the coronavirus actually had on rent arrears? Here’s what to expect on this week’s property podcast episode There’s been a lot of contradicting surveys out there which makes it harder to actually know what the real impact has been.  But Rob & Rob have recently come across a report from Pay Prop which gets into this data - and that’s what The Robs are going to be picking apart. The data looks at actual transactions from thousands of different tenants, so you can guarantee it to be more reliable than the numerous surveys asking landlords for their individual thoughts.  While the effects of coronavirus are being felt across the country, this led us into looking at tenant arrears as a whole.  If you’re a long-time listener, you’ll know that choosing where to invest is one of the most important things you need to consider when investing in property.  Because, believe it or not, there are a few areas in particular where a huge one in four tenants are in arrears.  Where are these areas?  That’s exactly what Rob & Rob are discussing on today’s episode.  Tune in to find out.   In the news  Maybe it’s the time of year, but we’ve come across one news headline that’s terrified us. ‘Boris Johnson’s 95% mortgages will put Britain back on course for a house price crash’. Like Rob B, many others thought it was going to support the market when in actual fact it’s going to cause a crash! However, like all good headlines, there is one major factor that The Guardian have missed out of this story.  The fact that 95% mortgages will first bring about a property boom and then a crash.  Which shouldn’t surprise you if you know how the 18-year property cycle works. There’s a crash after every boom. If that wasn’t enough, we’ve found another headline which might not seem as interesting, but has the potential to be a bigger story.  ‘John Lewis to build and furnish private rental properties’. The standard of the rental market seems to constantly be upping its game. And it seems that John Lewis wants a piece of the pie. The owners of the company also own Waitrose and therefore already own a lot of land and they want 40% of their annual income to come from somewhere other than retail. Hence why they’re turning to property.  Not only will all properties be furnished with John Lewis furniture, there will also be a food delivery service for tenants from Waitrose.  These are certainly going to be high-end properties.   Hub Extra  Do you hate cookies?  No, not the biscuit kind. The ones that pop up on every website you visit. Well, so does Rob B and after moaning about it to Rob D, he was introduced to this nifty little tool.  It’s a browser extension called I don’t care about cookies. It works across all major browsers, simply just install it and the majority of those annoying pop ups will be blocked.  So now the only cookies you need to concentrate on are those that you’re dunking into your brew.   Let’s get social 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

Click on a timestamp to play from that location

0:00.0

Hi Robby here with Robdy and you are listening to the Property Podcast.

0:05.8

Now picking the right investment area is always important.

0:10.2

But do you want the area with the lowest Renssel Ries?

0:14.0

Or are you going to invest in the area where one in four tenants are in Aries?

0:19.3

And where are all these areas?

0:20.6

Well, in this podcast we find out.

0:24.0

Welcome to the Property Podcast where every Thursday morning property investors come to be informed and inspired.

0:34.3

Now we love getting geeky and digging into a bit of data and we've got the perfect opportunity

0:38.4

to do that this week.

0:40.0

You hear a lot about what's happening with Renteriors and a lot of that data is a little bit suspect.

0:44.2

But today we've got an in-depth report to share with you that will help you get to the truth of what's

0:48.3

really going on out there.

0:50.3

And stick around at the end of a hub extra because we've got a really simple little tool that's going to make your online browsing experience a little bit more pleasant.

0:57.0

Rob we have a scary looking headline to lead us off with this week's news section. Boris Johnson's 95% mortgages will put Britain back on course for a house price crash.

1:08.0

So there's me and many others thinking that it will support the market,

1:12.0

but apparently it's going to do the opposite

1:14.2

and cause a crash. Apparently so there is a small detail that's been missed out of

1:18.1

this headline which we'll get to but surprisingly given that this is a new story

1:21.9

from the Guardian with an

1:22.9

epocholeptic headline there's actually quite a lot in here that I agree with

1:26.2

including the fact that obsession with home ownership and increasing that is not

1:30.2

necessarily the best idea and renting is very important tenure because it gives

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rob Bence & Rob Dix, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Bence & Rob Dix and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.