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The Property Podcast

TPP438: August Market Update

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 5 August 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

It’s the August Market Update  The property market is incredibly hot right now. In the UK it’s crazy, but on this month’s market update, The Robs are revealing some numbers from the US that will blow your mind!  This time of year is usually a quieter one, but that certainly doesn’t seem to be the case in 2021.   Here are all the links you need to get stuck into today’s episode.  Prices:  UK House Price Index – June 2021  Super-rich buyers coming back to prime – Savills   US cannot afford housing market ‘boom and bust’, warns Fed official   Pandemic fuels broadest global house price boom in two decades  Mortgages:  TMW returns to 80% LTV but only on energy efficient homes  Thousands of landlords released from ‘cladding hell’ after EWS1 forms scrapped  The minimum energy performance of buildings bill  Other:  Government reveals where all the landlords live in the UK  The pandemic property boom is pricing locals out of the British countryside  And finally:  House prices set to continue rising as supply shrinks    Hub Extra  This week’s Hub Extra resource is a tool called Propcast which refers to itself as a house selling weather forecast.   It gives you a weather map of the UK showing you which areas are the hottest, meaning it should be quicker and easier to sell your home.   Right now, it seems that everywhere in the UK might require your factor 50 sun cream.    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

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0:00.0

Hey everyone, Robby here with RobD, and you are listening to the Property Podcast.

0:06.8

Now, the weather may not be that great right now, but I tell you what is hot at the Property

0:12.4

market.

0:13.4

And the news this month is astonishing.

0:16.5

In the UK, it's really, really crazy, but we're going to reveal some numbers from the

0:19.8

US, which are going to blow your mind.

0:28.8

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

0:32.1

to be informed and inspired.

0:34.0

These market updates have always been super popular since we started doing them.

0:37.2

They've also been dominated in recent months by property prices, because they've been

0:40.8

so much to say.

0:41.8

Well, that is going to continue.

0:43.6

There's a lot to say again this month, including the global perspective, as Rob mentioned,

0:47.7

and it really is quite something.

0:49.8

So stick around for that, but there's plenty of other stories going on this month that

0:53.0

you need to know about as well.

0:54.4

So we're going to be bringing them your way very shortly.

0:57.7

And then, as Rob also mentioned, the weather's not been so hot recently, there's stick around

1:02.1

for Hab extra where we've got an alternative weather forecast, where things are pretty scorching.

1:07.8

Before we get into our main topic this week, you may have noticed, you should have noticed

1:11.6

because you should be subscribed to us on YouTube, but we have got a new YouTube video out.

1:16.2

The title is Will, the Property Market, Boom, or Bus.

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