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The Property Podcast

TPP574: March Market Update

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 14 March 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

It’s our spring budget update special, bringing you all the vital information from the House of Commons that affects all property investors. And holiday let owners beware we have some important updates that you might not like! Join us as we uncover news that could be cause for celebration or a reason for sleepless nights…  (0:57) Spring Budget – what happened?  (8:00) Bad news for holiday let owners  (12:00) Some positive news for house prices  (13:40) Next week’s special episode on house prices  (14:20) Mortgage news from our expert  (16:06) Is the rental boom over?  (18:14) Hub Extra: eBay tips… Links mentioned:  Holiday Lets:  Short term lets rules to protect communities  UK lender trials ban on new holiday let mortgages for tourist hotspots  House Prices:  Rightmove house price index  Nationwide house price index  Halifax house price index  Mortgages:  Property Hub Select  Rents:  Rightmove rental tracker  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!   Subscribe to the Podcast       Subscribe to our YouTube channel    Sign up for our free weekly newsletter, Property Pulse   Find out more about Property Hub Invest   See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everyone it's Rob B here with Rob D and you are going to be listening to a

0:06.0

bumper filled episode on the market update of course it's a budget special but we

0:11.4

have loads more to bring you beyond that. And people who invest in

0:15.1

holiday lets, I'm sorry, you're not going to like Property Podcast. Thank you for joining us. This is where we take

0:28.9

time out from advising a multi-million-pound property fund and doing over a

0:32.0

hundred million

0:32.6

worth of property deals each year to bring you some of what we've learned along

0:36.2

the way for free. This week yes if you are a holiday let owner you do need to

0:40.3

remember that we are reporting the news we're not making the news because you're not

0:43.2

going to be happy but if you invest in property in any other way there's actually some good news

0:47.6

for you coming out of the world of politics for once so do stick around for that and stick

0:51.3

around all the way to the end because you don't have extra.

0:53.6

I've got some tips to help you grab a bargain outside of property.

0:57.6

So it's a budget special on Property Hub this week. We have loads of other new stories to bring you as well,

1:02.4

but we have to start with the

1:03.7

budget and it is the last budget we will have before the next election so it was a big budget

1:11.1

and it was a budget that will impact us all. How much so? Well let's find out and

1:16.3

particularly let's find out for property investors because Rob a lot of budgets have gone

1:21.1

by over the last few years where property investors haven't been impacted in one way or another.

1:25.6

But this time there is definitely an impact.

1:28.0

Yes, there was. It's very much a good news, bad news situation.

1:31.5

Good news for a large number of investors, bad news for a smaller group. So let's start with a good news.

...

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