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The Property Podcast

TPP425: May market update

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 6 May 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

It’s the May Market Update This month’s May market update is jam-packed with news stories for you to sink your teeth into. And naturally Rob & Rob have picked the best ones to discuss on today’s May market update. Here’s what to expect on this week’s property podcast episode Since the last market update, the media has still been in a frenzy over the property market. And it doesn’t seem to be dying down anytime soon. But we’ll leave it to The Robs to talk you through this month’s latest headlines. House prices and activity: Prices surge 8.6% in year to February: ONS UK property sales at 16-year high as house prices soar UK House Price Index – February 2021 Northern property market continues to outpace the south London: Prime London flats rentals still in doldrums – but for how long? Khan’s call for rent controls would leave London tenants worse off London commuter belt rental market still performing strongly Renting: Renters Reform Bill: timetable may be clearer next month Right to Rent: New Rules for Landlords Manchester Mayor vows to launch £1.5m landlord licensing across city Pets: Blanket ban on pets welcomed by almost half of landlords MP backs law change to allow tenants to pay pet damage insurance Make sure you tune in to the May market update find out what’s going on in the property world.   Hub Extra If you’ve been a member of the Property Hub family for a while, you’ll know that Ray Dalio is one of our faves. Not just because he’s one of the wealthiest men in the world, but more for the knowledge he’s shared over the years. We often mention his resources on the podcast but this time we’ve got a free resource that’s a little more fun. It’s a personality test and you can find it on principlesyou.com. It helps you see what things you’re good at and what you might be not so good at and can improve on. And that might be easier than you think. A lot of these tests are costly so you’ve got nothing to lose with this free one.   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

Hey Robby here with RobD, you're listening to the Property Podcast and this is a market

0:07.0

update.

0:08.0

They prove to be one of our most popular episodes types that we do and there's no

0:12.5

surprise, especially when you see the news stories on offer this week.

0:16.3

We've got 16 year high in house price sales.

0:19.4

We've got the best performing areas in the UK for property right now, but we've also

0:23.9

got some pesky mayors all coming up in this week's show.

0:33.4

Welcome to the Property Podcast where every Thursday morning property investors come

0:36.8

to be informed and inspired.

0:38.9

Yes, loads of essential needs to know material in this week's market update coming up in

0:43.5

just a second and make sure you stick around to the end for hub extra where we're sharing

0:47.4

a completely free resource that will help you know yourself a little bit better.

0:52.6

So let's get into our market update for this month, lots to talk about as ever.

0:56.7

There are a few stories that landlords need to be aware of.

0:59.1

We're also talking about pets, we're talking about what's going on in London, but the

1:03.4

only place to start really is talking about what's going on in the housing market more

1:08.4

generally and in particular with house prices because Robby here we go, a headline like

1:13.7

prices surge 8.6% in the year to February, which is the headline of the first story that

1:18.7

we're looking at.

1:19.7

It would just seem impossible.

1:21.0

You never, ever, ever would have predicted when COVID was just kicking off that we'll

1:24.6

be talking about this story now.

...

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