Hey everyone. It's Rob B here with Rob D and you are listening to the

Property Podcast the market update. Interest rates have been cut. It's big news but

what does it mean for you as a property investor or an inspiring property investor.

We get into detail and bring you the stories that no one else is talking about.

It's a great, great episode. Welcome to the Property Podcast. Thank you for joining us. In case you don't know, we run a business that buys over 100 million pounds worth of property every year for our clients. You can find out about that at

Property Hub. Net slash Invest and we today are going to be bringing you up to date

with everything that's been going on the property market and there's been a lot.

Okay so it's time for our market update and we've got some good news coming up.

It's been a good news month, but there is some potentially worrying news in there as well.

We'll get to that as well. We'll get to everything Rob because we always do.

There's only one place to start which is the base rate.

Finally we've had a base rate cut. We have I feel like Koolio and the gangs

celebrate the time should be on in the background as we talk about this

but at last it felt like it was never going to happen it's

been talked about for so long but finally the Bank of England have delivered only just

it was a split vote it was very close with the of England, the majority of the committee voted for a 0.25% cut.

But they did say, do not expect this to happen month in month out now.

They want to wait and see what impact this cup makes,

which I completely agree with. I also think you should do that on the way up,

something at the Bank of England didn't always do, but on the way down that is what they are going to do

but Rob it doesn't mean we're done for the year the market at least expects at least one more

cut which if it happens would be great.

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