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The Property Podcast

TPP464: February Market Update

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 3 February 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

It’s the February Market Update   Rob & Rob are back with your monthly update and this one is a must listen!  With HUGE numbers across the board the guys have never reported on stats like this, in fact, we might start calling this update the record high edition.   From soaring property prices and rents to surging mortgage products and Welsh news, Rob & Rob have a lot to cover.  All the links you need are right below:  Property Prices  Government releases latest data for average UK house prices  New Year demand for property hits record levels, up 50%  Fears of pandemic exodus from England’s cities prove unfounded  Rents  Rents rise at fastest rate ever  Latest figures show UK rents continue their inexorable rise  Private rents in Britain rise at fastest rate on record  UK property rents rise at fastest ever rate  Cladding Issue     Government sets out new plan to protect leaseholders and make industry pay for the cladding crisis  Government slams insurance firms over premiums on blocks  Don’t exclude landlords from cladding help, politicians will be told  Mortgages  Mortgage lenders battle to win growing holiday let landlord market  Landlord product choice approaching record levels: Moneyfacts  Leasehold  Restrictions on ground rent for new leases set to become law  Wales  Renting Homes (Wales) Act Starts July 2022  And finally...  Call for action ahead of new Carbon Monoxide alarm laws  Hub Extra  We spend so much time on our phones, so this week's Hub Extra is trying to improve that experience.  We’re sure it’s no news to you that you can organise the apps on your phones into little folders and you can name these things to help you keep things organised.  But have you ever considered naming them something a little more motivational?  Instead of popping all your banking/investing apps into a folder called ‘finance’, switch it out for ‘Make X amount of money this year’.  Whilst this might seem a little silly, when you’re picking up your phone 100+ times a day this little mental nudge might help keep you on track.  A further little tip straight from Rob B, is if you have an iPad as well as your iPhone, move any of those apps that you find distracting off your phone and onto your iPad.  And if you’d like to find out more about Portfolio you can do that here.  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, it's Robby here with RobD and you of course are listening to the Property

0:07.3

Podcast and it's market update time, it's such a popular episode but this week I think

0:12.6

it's going to be really popular because there's so many big numbers to report, like honestly

0:18.1

I think this episode is the episode with the biggest numbers across the board we've

0:23.9

ever reported on so it's a must listen.

0:33.3

Welcome to the Property Podcast, RobD here with Robby, we spend our weeks advising a multi

0:37.9

million pound property fund which you can find out more about at portfolio.co.uk and over

0:42.4

the years we've put together thousands of transactions and this is the show where we

0:46.7

bring you all the knowledge that we've gained along the way for free and as a consequence

0:51.4

of being in the market every single day we get to see a lot of what's going on and we

0:55.0

get to stay on top of the news but even so there are some stories and some figures that

0:59.2

we'll be covering in this episode that shocked us when we read them because we just weren't

1:03.1

aware and if we're not then chances are you won't be either so do make sure you stick

1:07.3

around for everything we're going to cover and if you make all the way to the end in

1:10.2

hub extra we've got a couple of great tips for you to help you use your mobile devices

1:14.2

more effectively.

1:15.9

Robbith, running portfolio wasn't enough the excitement that that brings.

1:20.8

Of course another level of the excitement is that we get to meet acquisitions and acquisitions

1:26.4

are always exciting no matter how big or small but you know not all acquisitions are created

1:33.6

equal when it comes to excitement levels and we've talked previously about Dean's Gate

1:38.9

and the penthouse there and you know what that is spectacular and some would argue it's

1:43.8

hard to beat but for us what we've just done is a real milestone it's so exciting gone

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