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The Property Podcast

TPP529: Will the rental boom continue?

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.82K Ratings

🗓️ 4 May 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Rents are going up by double digits – but why is this happening so rapidly, and what’s next for the rental market?  (1:00) - News story of the week  (4:00) - A huge thank you!  (5:11) - Another rental crisis  (6:26) - Explosion in demand  (8:27) - What’s happening to supply?  (9:31) - Consider the ability to pay  (12:01) - Are rent controls the answer?  (13:04) - What does the future hold for rents?  (13:24) - What about rents in London?  (16:49) - Hub Extra  Links mentioned:  Asking price of properties popular with UK first-time buyers hits record  Why the Rental Market is in Turmoil [YouTube Video]  Microsoft Designer  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  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 are listening to the PropertyPodcast.

0:07.2

Rents are going up at the moment and rapidly, so in this episode, we explain to you why

0:13.3

it's happening and what the future holds for rents.

0:23.6

Welcome to the PropertyPodcast, this is a show where we take time out from advising

0:26.8

a multi-million pound property fund which you can learn about at portfolio.co.uk and putting

0:31.1

together hundreds of transactions every year to share some of what we've picked up along

0:34.8

the way for free.

0:36.7

One of the wonderful things about investing in property, of course, is the rental income

0:40.2

and the rental market has gone thoroughly bonkers recently.

0:43.6

We give you everything you need to know about that as an investor coming right up.

0:47.6

And to make sure you get all the essential property news coming to you every single week,

0:51.1

get signed up to our PropertyPulse newsletter, it's completely free, it's a five minute

0:54.5

read every Friday morning, you can sign up for free at PropertyHub.net slash Pulse.

1:00.0

So it's time for our new story of the week now and this new story is brought to us by

1:05.0

the Guardian.

1:06.0

It's actually reporting on some data from right move and this data shows that while the

1:11.1

property market is hard to kind of call right now, some people are saying it's fine, some

1:15.9

people are saying it's pushing on and obviously there's others saying it's falling.

1:19.9

The data is all over the place and depending on the sources that you access and use, it's

1:25.0

a bit conflicting.

1:26.4

But this new story reports on the segment of the market that has gone up in price slightly

1:31.4

and it probably shouldn't come as a surprise and its properties that appeal to first time

...

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