TPP565: Our 2024 property predictions: Will the market crash?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 11 January 2024
⏱️ 32 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Hey everyone, Rob B here with Rob D. |
| 0:04.5 | And it's our predictions episode. |
| 0:06.1 | I'm just going to say it, Rob D has gone wild. |
| 0:09.1 | I've waited 10 years for this, but he's gone big |
| 0:11.9 | with his predictions this year. |
| 0:13.0 | year. |
| 0:14.0 | He's gone big with his predictions this year. |
| 0:20.0 | Welcome to the Property Podcast. |
| 0:21.0 | Thank you for joining us. |
| 0:22.0 | We spend all day, every day in Property. Welcome to the Property Podcast, thank you for joining us. |
| 0:22.8 | We spend all day, every day in Property. |
| 0:24.9 | We advise a multi-million pound fund. |
| 0:26.4 | We did more than 100 million pounds of property deals last year. |
| 0:29.5 | So you'd like to think we know what we're talking about, and you'd like to think we'd know better than to put our neck on the line and give some fairly precise |
| 0:35.7 | predictions for all manner of things that are going to happen in 2024 but apparently we don't |
| 0:41.2 | know any better because we're about to do that right now |
| 0:43.9 | Robert only our second podcast of the year, but I am very happy to be bringing a positive |
| 0:49.6 | news story. I want to bring the positive vibes in 2024. It's the news right so we can't always bring |
| 0:54.9 | positivity but this week at least we certainly can. Yeah mortgage rates are coming down and |
| 0:59.3 | they're anticipated to fall further. So as reports is on Sky, HSBC has slashed its rate. You can now get a five-year |
| 1:06.1 | deal at 3.94 percent. Unbelievable, that actually sounds good now, and I've done a couple of years ago. But in the context of what we've seen over the last couple of years, a five-year deal starting with a three is fantastic. |
| 1:17.0 | Halifax and Leeds Building Society have also both cut their rates already this year, and everyone who watches the market seems to believe |
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