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The Property Podcast

TPP436: Everything you need to know about short-term inflation

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 22 July 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Everyone is now talking about inflation (H3)  Inflation is here and things are visibly getting more expensive from month-to-month.   But why is it happening?   Will it last?   And what is the government going to do about it?   Rob & Rob are going to be answering all these questions in today’s episode of The Property Podcast.  Inflation can mean the difference between being wealthy or poor when you’re older, so it’s important to understand how and why inflation works, which is why this is just the first of two episodes we’ll be covering on the subject.     In the news  This week’s news story comes from the National Residential Landlords Association, and they’ve calculated how many different pieces of law there are that affect people who rent out property in England.  The answer is a whopping 168 laws, and that number has increased by 40% in the last decade. It’s quite surprising just how many local authorities aren’t enforcing these laws.   If that wasn’t enough, we’ve got another news story for you where the headline reads ‘mortgage bonanza as choice grows and rates tumble’.   There are now 4,500 mortgage products on the market which is only slightly down on where they were before the pandemic started. Plus, rates have started to come down again, so now the average two-year fixed mortage is 2.55%.    Hub Extra  This week’s Hub Extra is a free resource from the Land Registry and it’s a property alert service.   It allows you to sign up to alerts if anything changes relating to one of your properties on the Land Registry.   It will help you to avoid any fraudulent activity on any of your properties and it’s free to do so it’s a no brainer really.     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 and you are listening to the Property Podcast.

0:05.8

Now I applaud you because you read the podcast title and it says inflation but yet here

0:10.8

you are.

0:11.8

You know what?

0:12.8

You're going to be rewarded because the stuff we're going to run through in this episode

0:16.8

is going to blow your mind.

0:24.6

Welcome to the Property Podcast where every Thursday property investors come to be informed

0:28.4

and inspired.

0:29.6

We've been banging on about inflation for years on this podcast and finally we've got

0:33.2

company.

0:34.2

Everyone's talking about inflation at the moment.

0:36.1

Inflation is here.

0:37.4

Things are visibly getting more expensive from month to month.

0:40.9

But why is it happening?

0:42.3

Will it last and what is the government going to do about it?

0:45.2

We're going to be answering all those questions in this episode so don't go anywhere.

0:49.4

A new story this week comes from a piece of research from the National Residential

0:53.4

Landles Association.

0:54.4

We'll link to it in the show notes and they've calculated how many different pieces

0:58.6

of law there are that affect people who rent out property in England.

1:02.7

And the answer, do you want to have a guess?

1:04.5

The answer is 168 separate pieces of legislation and that number has increased by 40% in the

...

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