Hey everyone it's Robby here with Rob D and you are listening to the Property

podcast this week we bring you possibly the most connected man in property to

the podcast and what he reveals is incredible.

Welcome to the Property Podcast, thank you for joining us. We buy more than 100 million

pounds worth of property every year for our clients. You can find out more about that at

Property Hub. Nett slash Invest. And in the course of doing so, we run into a lot of people we're

pretty well-networked but we are nowhere near as well-networked as our

guest today he routinely rub shoulders with politicians and people at the

very highest levels in the

property industry and we've pinned him down to share his secrets.

It's time for our new story of the week and there has been big movements in the

mortgage market. Really positive news, what depends on your outlook, but

certainly positive for first-time buyers. Nationwide are allowing first-time buyers

to borrow six times their earnings.

Now if this sounds familiar, you may recall that a few weeks ago.

We reported that Halifax and Lloyds had moved their multiples up to five and a half times annual income and that was

household income so five and a half times the household income which was real

progression and unlocked the ability for many first-time buyers to get onto the property market.

So for nationwide, one of the biggest lenders in the UK to move to six times earnings has been labeled as a game changer and Rob I don't think that's

too dramatic it certainly is a game changer when you look at the trend that is

happening here which is the loosening up of the mortgage market I just find the dynamics of this so

interesting because we've seen interest rates rise dramatically and what's

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