4.8 • 2K Ratings
🗓️ 6 June 2024
⏱️ 25 minutes
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It's the topic that sparks the most passionate debates: politics! With the unexpectedly early election just around the corner, what does this mean for the property market, and will a potential new government bring significant changes? Join us as Rob & Rob tread on dangerous territory, sharing their thoughts and opinions on the possible impact of a Labour government!
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| 0:00.0 | Hey everyone, Rob B here with Rob D and you are listening to the Property Podcast. |
| 0:06.4 | This week we're moving into dangerous territory. |
| 0:09.3 | We're going to be discussing politics and looking at should you be fearful of a potential labour government. Welcome to the Property Podcast. Thank you for joining it. In case you don't know, we run a business that |
| 0:26.0 | pays over a hundred million pounds worth of property for our clients each year. You can |
| 0:29.2 | find out about that at Property Hub. Net. Invest. But today, yes, of course, Ritchie caught us on a hop. |
| 0:35.0 | We weren't expecting to be here talking about an election in June, but we are and we've got thoughts. |
| 0:40.1 | It's time for our news stories of the week and we will have a bumper episode next week when we bring you our market update for June |
| 0:47.2 | Lots to cover there but let's keep you up to date with what's happening now and house prices are up again. |
| 0:54.7 | And we have the figures out from nationwide and prices are up month |
| 0:58.2 | for the month of May by 0.4%. |
| 1:01.5 | A reminder of what happened in April, it fell by 0.4%. A reminder of what happened in April? It fell by 0.4%. So we've evened out the last two months. |
| 1:07.0 | What's interesting now, it's house prices are up overall. |
| 1:11.0 | So we're about 1.2% up for the year so far. So we saw a rise in January, a rise in |
| 1:16.8 | February, a slight fall in March, a slightly bigger fall in April, and then May |
| 1:21.4 | cancelling out April's numbers. So up by 1.2 percent but that's only for five months of the year |
| 1:28.1 | and that is already better than what most people had predicted would happen this year. |
| 1:32.1 | Of course we've got a lot of year left and a lot could change, but that's fairly solid numbers and as we talked about on the podcast before, sensible and solid growth is what we're all about. |
| 1:42.7 | The market's not manic, but it's stable, |
| 1:45.0 | and you can do good deals in this environment. |
| 1:47.1 | So long may this slow, steady, and slightly boring growth continue. |
| 1:51.2 | Yeah, absolutely. |
| 1:52.4 | And it's all lining up a bit more again now |
... |
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