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The Property Podcast

TPP448: October Market Update

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 14 October 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

It’s the October Market Update   It’s that time again, it’s the October Market Update!  And what a busy month it’s been, Rob & Rob have got plenty to cover and we’ve got a shedload of news stories for you to sink your teeth into.  We’ll be covering everything from eviction notices, mortgages, tax and party conference headlines.  So, settle in as The Robs to talk you through this month’s latest headlines.  Here’s all the links you need:  Market:  UK House Price Index – August 2021  Michael Gove set to pause contentious planning shake-up  Labour to give first-time buyers exclusive access to new properties  Rents:  Rental void times lowest for six years: Arla Propertymark  Surging rents in Manchester  Rental demand set to stay high as first time buyer age rises  New generation rent: Why baby boomers are selling up and choosing a more flexible lifestyle  Holiday Lets:  Holiday Lets may be the next Buy To Let, says Moneyfacts  Devon confirms 70% drop in PRS as ‘terrifying’ Airbnb trend bites  Mortgages:  Buy-to-let bonanza: Landlords can now bag a sub-1% mortgage rate as TWO lenders launch super-low interest deals - but beware the fees  Tax:  HMRC gives landlords more time to comply with new ‘making tax digital’ rules  Evictions:  Landlords hit back as Welsh Government extends notice periods again  Licensing:  UK’s most expensive ever HMO licensing scheme to launch in London  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, rugby here with Rob D and it is the market update.

0:06.3

We've got some cracking news stories for you this week, we're going to give you the

0:09.1

areas that are performing the best full capital growth but also bringing really good news

0:15.0

on rental voids and what city is absolutely smashing it with rents right now.

0:21.0

All of that coming up.

0:28.9

Welcome to the property podcast where every Thursday morning, property investors come

0:32.5

to be informed and inspired today it's market update time lots of news has occurred

0:37.8

over the last month which we're going to be rounding up for you so do make sure you stick

0:41.8

around for that first though Rob we've had some news of our own recently it's been quite

0:45.5

the week.

0:46.5

Yeah, I mean this should be the dominant news story of farm choosing it but we've got lots

0:50.7

of other stories to cover this week don't worry but yes last week we officially announced

0:56.1

that we're launching portfolio and app that we believe will transform the property investment

1:01.5

industry.

1:02.5

We said this a few times but we generally like blown away by the response like we had

1:07.1

high expectations but you guys have exceeded them and it's amazing so the waiting list

1:12.1

is growing and growing and growing if you want to be part of that then go to portfolio.co.uk

1:18.3

nice and simple so Rob while we feel it was a massive news story that have been some

1:22.9

of the goings on in the property world so we might want to cover those as well.

1:27.0

Yeah, we should probably acknowledge some of the other things that've been going on

1:29.4

so lots to cover this month in the market update we're going to be talking about rents,

1:33.6

mortgages and more but Rob we always like to start out with the big picture we'll start

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