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The Property Podcast

TPP490: August Market Update

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 4 August 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

Your August Market Update is here!

It's been a busy month, so Rob & Rob have plenty of headlines to get through in the latest market update.

From fast-growing cities and the removal of mortgage stress tests, to people getting the wrong investment advice from TikTok, The Robs are breaking down the biggest news of the month for you right now.

Stay on top of the industry’s breaking news by tuning in now. And all the extra links you’ll need are below.

Property prices

House prices growing at fastest rate since 2004

Growth is fastest in cities

Viewings have fallen by a third

The rental market

Rents have increased by 3% in the last year

Rents are growing fastest in Manchester

More tenants are renewing in London

Mortgages

Stress tests removed

Political pressures

A leading charity wants the rental sector to shrink

Labour’s “war” against holiday lets

All holiday lets to be licensed in Wales

Odds and ends

A third of all transactions fall through, and the ones that succeed take over 5 months

The national “rogue landlord” database is looking sparse

And finally...

Not all property advice given on TikTok is accurate

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.

And if you’d like to find out more information about Portfolio you can do that here.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everyone, Robby here with RobD and you are listening to the market update version

0:08.2

of the property podcast.

0:09.2

Yes, it's the time of the month where we bring you up to speed with everything that is

0:14.2

happening in the property market and beyond that's going to be useful.

0:17.6

In this episode, we reveal the fastest growing city in the UK, big news around mortgage

0:22.7

stress tests and some shocking social media revives.

0:33.4

Welcome to the property podcast.

0:34.8

This is the show where we take some time out from our day job of revising multi-million

0:38.2

pound property fund, but you can find out more about that portfolio.co.uk and share

0:42.4

the lessons that we've learned along the way for free.

0:45.5

To date loads of news to get through, it's been a busy month, but we're always sharing

0:49.4

lots of news on every episode of the property podcast.

0:51.8

So before we go any further, make sure you are following on Apple podcasts, you can hit

0:56.1

the little plus button on Spotify, you can hit follow and you'll make sure that every

0:59.8

episode gets downloaded directly to your device.

1:02.4

And of course, it's completely free.

1:04.5

Now this is the market update you are in the right place for that, but before we get going,

1:09.9

let's remind you that of our other podcast, Ask Rob and Rob and we love getting your questions

1:14.8

in.

1:15.8

So if you're still going to deal and you need a bit of helping hand or you're nervous

1:19.2

about the market and you want to know what steps to be taking next, or your progress

1:23.2

has come to a bit of a halt and you just can't seem to get going.

...

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