Rent Exploitation - but they have the WRONG solution

The Property Nomads Podcast

Player FM - Internet Radio Done Right

اضافه شده در six سال پیش

محتوای ارائه شده توسط The Property Nomads, Rob Smallbone, and Aaron Devoy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط The Property Nomads, Rob Smallbone, and Aaron Devoy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal

حدود یک سال پیش 7:10

MP3•خانه قسمت

Rob discusses a recent protest in Brighton by members of the Living Rent Campaign, who were protesting against rent exploitation. He highlights the ineffectiveness of rent controls, citing the example of Scotland where rent controls led to a supply and demand imbalance, causing rents to skyrocket.

Rob also touches on the importance of increasing the supply of housing to tackle housing challenges, despite the challenges in funding such initiatives.

KEY TAKEAWAYS

Protests against rent exploitation took place outside Brighton Town Hall, led by the Living Rent Campaign.
Rent controls, as seen in Scotland, have backfired by causing a supply and demand imbalance, leading to skyrocketing rents.
The expansion of council housing is crucial to address the housing challenges in the country, but it won't happen overnight.
The Living Rent Campaign calls for an end to the right to buy scheme, which has both pros and cons, especially in areas like Brighton with tourism challenges.
Funding for improving council housing and building more is a key issue, as it may involve increasing council tax and requires a clear strategy.

BEST MOMENTS

"Rent controls, as we've talked about before, are not a good solution. Just look at the recent articles in Scotland. Rent controls attracted less investment, less development, leading to skyrocketing rents."

"Increasing the supply of housing is crucial to tackle the housing challenges. But the lack of a clear and cohesive strategy, changing governments, and local councils hinder progress."

"The Living Rent Campaign's call to end the right to buy scheme has pros and cons. It may help provide more housing but could also lead to issues with the types of homes being bought."

"Improving rent controls will backfire. It may provide a short-term victory but will lead to long-term consequences. The Living Rent Campaign should be cautious about this approach."

VALUABLE RESOURCES

https://www.theargus.co.uk/news/24417633.protest-outside-brighton-town-hall-rent-exploitation/

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

562 قسمت

#Trading #Society #Travel #Business #Rob Smallbone #Aaron Devoy #Podcasting Education #Self-Improvement #Property Nomads

Rent Exploitation - but they have the WRONG solution

The Property Nomads Podcast

published حدود یک سال پیش

اشتراک گذاری

MP3•خانه قسمت

Rob also touches on the importance of increasing the supply of housing to tackle housing challenges, despite the challenges in funding such initiatives.

KEY TAKEAWAYS

Protests against rent exploitation took place outside Brighton Town Hall, led by the Living Rent Campaign.
Rent controls, as seen in Scotland, have backfired by causing a supply and demand imbalance, leading to skyrocketing rents.
The expansion of council housing is crucial to address the housing challenges in the country, but it won't happen overnight.
The Living Rent Campaign calls for an end to the right to buy scheme, which has both pros and cons, especially in areas like Brighton with tourism challenges.
Funding for improving council housing and building more is a key issue, as it may involve increasing council tax and requires a clear strategy.

BEST MOMENTS

"Increasing the supply of housing is crucial to tackle the housing challenges. But the lack of a clear and cohesive strategy, changing governments, and local councils hinder progress."

"The Living Rent Campaign's call to end the right to buy scheme has pros and cons. It may help provide more housing but could also lead to issues with the types of homes being bought."

"Improving rent controls will backfire. It may provide a short-term victory but will lead to long-term consequences. The Living Rent Campaign should be cautious about this approach."

VALUABLE RESOURCES

https://www.theargus.co.uk/news/24417633.protest-outside-brighton-town-hall-rent-exploitation/

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

562 قسمت

#Trading #Society #Travel #Business #Rob Smallbone #Aaron Devoy #Podcasting Education #Self-Improvement #Property Nomads

همه قسمت ها

1
Property Nomads - The Final Episode 13:16

13 weeks پیش13:16

13:16

In the final episode of the Property Nomads podcast, episode 560, Rob reflects on an incredible journey spanning over six years and 500 episodes. Having achieved over 150,000 downloads across more than 150 countries, the decision to conclude the podcast stems from a need to focus on the growing property portfolio and projects. While the podcast will remain accessible for listeners to enjoy, Rob encourages you to sign up for his monthly newsletter for updates on future endeavours, and shares a heartfelt thanks to all who have made this remarkable journey possible KEY TAKEAWAYS The decision to end the podcast was driven by the need to concentrate on managing a growing property portfolio and ongoing projects, requiring full attention from the team. Although the podcast is ending, all episodes will remain accessible on various platforms, allowing listeners to revisit past content. Listeners are encouraged to sign up for a monthly newsletter via the Property Nomads website to stay updated on future developments and potential rebranding of the podcast. A heartfelt thank you to the editing team, past and present partners, and listeners for their support throughout the podcast's run BEST MOMENTS "It's been an honour and a blessing and this is a bittersweet episode to do because there's no easy way to wrap up six and a bit years of work." "We have never missed an episode. We have added as much value as possible." "Just because it's the last episode, it doesn't mean we are never coming back. But for now, we're on an indefinite hiatus." VALUABLE RESOURCES Follow for more at https://contrariancapitalist.substack.com/ GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
5 top lessons from 5 years of podcasting 14:19

13 weeks پیش14:19

14:19

In the penultimate episode of the show, Rob reflects on five top lessons learned from over five years of podcasting, emphasising the importance of having a clear goal, maintaining consistency by never missing an episode, and being authentic to oneself throughout the journey. KEY TAKEAWAYS It's essential to define the purpose of your podcast. Whether it's to build a brand, connect with customers, or simply share your interests, having a clear goal will guide your content and strategy. Consistency is crucial in podcasting. Sticking to a regular schedule helps build trust and rapport with your audience, ensuring they know when to expect new content. Authenticity resonates with listeners. Embrace your personality and experiences, as being genuine helps foster a deeper connection with your audience. Be open to evolving your podcast based on feedback and changing circumstances. Experimenting with different formats or topics can enhance your content and keep it fresh. Effective branding is vital for recognition. Utilise merchandise and maintain consistent branding across platforms to create touchpoints that help listeners identify and engage with your podcast. BEST MOMENTS "When you get started in podcasting, it is very important to understand why you're doing it." "In five years, we have never missed an episode because listeners love consistency." "The key thing is just to be yourself. And hopefully that natural ambience has come through in the content." "Never be afraid to adapt and to change if necessary." "Do brand yourself properly. Make sure the branding is consistent across all your social medias." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
The future of housing is price positive 15:12

14 weeks پیش15:12

15:12

Rob looks at the future of housing in the UK, emphasising the fundamental principles of supply and demand., examining the ongoing challenges in the housing market, including the impact of government policies, labor shortages, and inflation on property prices and rents. KEY TAKEAWAYS The fundamental principle of supply and demand plays a crucial role in the housing market. When demand exceeds supply, prices are likely to rise, while an oversupply can lead to price decreases. Historical evidence suggests that rent controls do not effectively manage housing prices. Attempts to cap prices often lead to unintended consequences, such as increased rents in social housing. To address the housing crisis, there is a pressing need for the government to significantly increase the supply of homes. Building 300,000 homes annually is essential to meet demand, but current labor shortages and policy inconsistencies hinder this goal. Impact of Inflation on Housing: Inflation tends to push up asset prices, including housing. While there may be market corrections, the long-term trend indicates that housing prices will generally rise due to inflationary pressures. Importance of Market Understanding: Investors should prioritise understanding the economic factors influencing the housing market. Knowledge of market cycles, timing, and economic principles is vital for making informed investment decisions and avoiding potential pitfalls. BEST MOMENTS "If you try and tinker too much with supply and demand then the chances are it's going to backfire on you." "The one way to fix house prices, if that is what needs fixing, is by building, building, building, and building it down quickly." "Inflation is probably the ultimate tax of them all... it will push up the price of an asset." "Demand for housing in the UK is going to be far higher than supply for a very, very long time." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Will commercial property rebound moving forwards? 14:02

14 weeks پیش14:02

14:02

Rob talks about the current state and future prospects of the commercial property market, contrasting it with the residential sector discussed in previous episodes, reflecting on the market's trajectory from the post-financial crisis boom to the challenges posed by the COVID-19 pandemic, including shifts in work culture and rising mortgage rates. KEY TAKEAWAYS Commercial Property Market Challenges: The commercial property sector is facing significant challenges due to cultural shifts towards remote work, leading to lower occupancy rates and potential financial strain on landlords. Impact of Rising Mortgage Rates: Many property owners who secured low mortgage rates between 2010 and 2021 may face difficulties as they refinance at much higher rates, which could lead to increased financial pressure and potential property sales. Skepticism Towards Economic Data: There is a strong belief that the economic data being reported is misleading, with a suggestion that the UK economy is not as healthy as portrayed, which could lead to a downturn in the commercial property sector. Opportunities Amidst Challenges: Despite the negative outlook for the commercial property market, there may be opportunities for investors to acquire properties at lower prices, especially as more buildings become available due to financial distress among owners. BEST MOMENTS "Commercial property is something that we have touched upon on the Property Nomads podcast as well because things aren't quite adding up." "If you're a landlord and your tenancy is a bit mass ominous, more or less 50-50, and your mortgage rate is gonna double or treble, that's more going out of your back pocket." "I think that the commercial property sector is at some point going to collapse." "Although people will say, you know, the markets are in recovery, I disagree with that sentiment. I think it's going to go the other way." "If there are potentially more commercial units that need to be filled... this provides opportunities for buyers." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
The top 7 TPN podcasts that you need to listen to 11:37

15 weeks پیش11:37

11:37

Rob talks about the top seven most popular episodes based on download numbers, highlighting the valuable insights shared by various guests. From monetising podcasts with Robin Pearson to exploring tax-efficient strategies for self-administered pension schemes with Simon King, each episode offers a wealth of knowledge for property enthusiasts. KEY TAKEAWAYS Episode 114 discusses various ways to monetise a podcast, including subscription services, platforms like Substack, and Patreon, emphasising that there are multiple avenues for podcasters to generate income. Several episodes feature expert guests who share their extensive knowledge on specific property topics, such as Buy-to-Lets, flipping properties, and utilising self-administered pension schemes (SAS) for property investment. The episodes mentioned contain valuable and relevant information that remains applicable over time, although listeners are advised to verify details due to potential changes in regulations and market conditions. BEST MOMENTS "No matter whenever you get started in podcasting, there is always a way in which you can monetise" "We look at the do's and don'ts of SASes, and how you can make it tax efficient with regards to property investing." "It wasn't just a case of buy a regular house, renovate and sell; we also went into how you can flip land." "If you're just starting in property, maybe London is not the place for you to start." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
UK + EU Commercial Property Latest + Lead Surveys Proposed 11:44

15 weeks پیش11:44

11:44

Rob provides an insightful overview of the current state of the EU and UK commercial property markets, highlighting a notable recovery in real estate investment in the EU during the latter half of 2024, with a shift in investor focus towards hotels and warehouses due to the growth of e-commerce. KEY TAKEAWAYS After a quiet start to 2023 and 2024, real estate investment in the EU has shown signs of recovery, particularly in the second half of 2024, with a shift in investor focus towards hotels and warehouses due to the growth of e-commerce. UK commercial property investment increased by 26% in 2024, with significant deals such as Abu Dhabi's Modon Holdings acquiring a major office complex in London, indicating a positive trend in the market. The office sector in both the EU and UK has experienced a decline in investment, attributed to the rise of hybrid working models, with a reported 10% drop in the EU and a slight decrease in the UK. England's housing ombudsman has proposed mandatory lead surveys for properties to assess health risks associated with lead exposure, raising concerns about the potential costs and implications for property demand and ownership. Upcoming episodes of the podcast will recap key insights from the past five to six years, discuss the future of commercial and residential property in the UK, and share lessons learned from podcasting as a tool for business growth and investment generation. BEST MOMENTS "Investors... have started to shift their focus to hotels and apartments. They're putting more investment into things such as warehouses as they are betting on higher growth in e-commerce." "The office sector... recorded a 10% drop in investment in 2024. And that is its worst year since 2009." "UK property investment... jumped 26% in 2024. That is obviously good news." "Lead has been used quite a lot because it could be used in flashing... and of course, if you start inhaling such things, that could be quite toxic to your health." "Trying to introduce mandatory testing is, I think, probably a step too far. And again, it's just adding another cost, another thing to the process." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Gold, Trumps tariffs + potential impact on UK 15:42

16 weeks پیش15:42

15:42

Rob looks at the potential impact of Trump's tariffs on the UK, exploring the complexities of international trade and the economic implications for both countries. The discussion highlights the nuances of tariffs, using relatable examples to explain how they affect consumers and businesses. Additionally, the episode shifts focus to the rising value of gold, examining its significance as a hedge against economic instability and inflation. KEY TAKEAWAYS Impact of Trump's Tariffs: The potential imposition of tariffs by Trump on the UK may not be as detrimental as it seems. While tariffs increase costs for consumers, the actual impact on the UK economy could be mitigated by the nature of trade relationships and the surplus the UK has with the USA. Understanding Tariffs: A tariff increases the price of imported goods, which affects consumers in the importing country rather than the exporters. For example, a 25% tariff on a $100 product would raise the cost to $125 for UK consumers. Gold as an Investment: Gold prices have significantly increased over the past 14 to 16 months, reaching around $2,900 per ounce. This rise is indicative of broader economic trends, including inflation and currency devaluation. Diversification of Assets: With potential economic instability, diversifying investments, including holding physical gold and silver, is recommended as a protective measure against financial crises. Resources for Gold Investment: For those interested in investing in gold, recommended resources include Sharps Pixley, Chards, and Bullion by Post, which provide options for purchasing physical gold. BEST MOMENTS "If Trump puts in a tariff on the UK, then basically it's not necessarily detrimental to the UK because it's going to affect the American consumer because they're going to have to pay more." "Gold going up also means that the value of your fiat currency is going down." "What could happen from there is that could cause financial catastrophe for the UK." "This is why having a bit of diversification is useful and this is why gold and silver are well loved by a lot of people." VALUABLE RESOURCES contrariancapitalist.substack.com https://www.bbc.com/news/articles/ckgy1lerlpko GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
House prices up 4.1% YoY + 15,000 new homes needed in THIS area 6:25

16 weeks پیش6:25

6:25

Rob discusses the recent trends in UK house prices, highlighting a modest increase of 0.1% in January, bringing the average price to £268,213, with a year-on-year growth of 4.1%. The episode delves into the implications of rising mortgage rates and the potential impact of upcoming decisions from the Bank of England. Additionally, Rob emphasises the significance of infrastructure projects, particularly the new railway between Oxford and Cambridge, which is projected to necessitate 15,000 new homes annually to support growth. KEY TAKEAWAYS In January, the average house price in the UK rose to £268,213, reflecting a 0.1% increase from the previous month and a 4.1% increase year-on-year, although this is slightly lower than the 4.7% rise recorded in December. Mortgage Rates Impact: The slower-than-expected house price growth is attributed to rising mortgage rates, with upcoming discussions on rates by the Bank of England expected to influence future trends. Infrastructure Development: The Oxford to Cambridge arc is highlighted as a significant area for potential growth, with a new railway being constructed and a projected need for 15,000 new homes annually to support high growth. Investment Opportunities: Investors are encouraged to explore areas along the new railway route between Oxford and Cambridge, as infrastructure improvements typically lead to increased property values and development opportunities. BEST MOMENTS "The average house price... is £268,213 and that is up 0.1% from the previous month and that's a 4.1% increase year on year." "Research by Public First for the Oxford Cambridge Supercluster Board believes that actually 15,000 homes a year on average will be needed in order to reach a high growth trajectory." "Just because the report says that they need X amount of homes per year, that does not mean that those homes will get built." "Looking at infrastructure projects throughout the UK are very important because, again, it gives you an idea of what's going on and what's likely to come up as well." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
New UK infrastructure projects + why this benefits housing 9:23

17 weeks پیش9:23

9:23

Rob discusses recent announcements made by Chancellor Rachel Reeves regarding significant government investments in infrastructure across the UK. The episode highlights key projects such as the expansion of Heathrow Airport, the development of Europe's Silicon Valley between Oxford and Cambridge, and the redevelopment of Old Trafford, home of Manchester United. Rob talks about how these infrastructure improvements can positively impact the housing market, suggesting that property investors should pay close attention to these developments. KEY TAKEAWAYS The UK government has announced significant investments in infrastructure, including the expansion of Heathrow Airport and improvements to various rail and road links, which are expected to positively impact the housing market. The development of East West Rail between Oxford and Cambridge is projected to add £78 billion to the UK economy over the next decade, highlighting the importance of transportation links in driving economic growth and housing demand. Potential changes to the planning and infrastructure bill could simplify the process for obtaining planning permissions, facilitating more development projects and potentially increasing housing supply. Major infrastructure projects, such as the redevelopment of Old Trafford and the lower Thames crossing, could lead to increased housing demand and property values in surrounding areas, making them important considerations for property investors. BEST MOMENTS "The biggest announcement was the Heathrow expansion... To have a third runway at Heathrow would be very, very suitable." "If you are looking to buy or you're looking for long-term growth, buying in and around these areas with major infrastructure projects might be quite beneficial." "The government are looking at making some changes to the planning and infrastructure bill... that might make planning permissions a lot easier." "If there is a new road tunnel going between Tilbury and Gravesend, have a look at the surrounding areas and the potential impact that that could have." "When we're looking at infrastructure projects around the UK, it's important to bear in mind what's going on, because that can have a massive impact on your investment decisions." VALUABLE RESOURCES https://www.bbc.com/news/articles/czxknwyxk09o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
72.5m population by 2032 + criminal council tax hikes 8:25

17 weeks پیش8:25

8:25

Rob discusses two significant topics affecting the UK: projected net migration and its impact on the population, as well as alarming council tax hikes across various regions. The Office for National Statistics forecasts that the UK population will rise to 72.5 million by 2032, primarily driven by net migration, which could lead to increased demand for housing. Rob encourages listeners to consider investing in property, emphasising that a growing population will necessitate more housing. KEY TAKEAWAYS The UK population is expected to rise to 72.5 million by 2032, marking a 7.3% increase over the decade, primarily driven by net migration. An increasing population will likely lead to a higher demand for housing, which presents opportunities for those looking to invest in property despite prevailing negative sentiments about the housing market. Council Tax Hikes: Significant council tax increases are planned in various regions, with some councils proposing hikes as high as 25%, which could affect nearly 4 million residents. Financial Mismanagement: Many local councils, particularly in the South, are facing financial difficulties, with some declaring bankruptcy due to mismanagement of public funds, leading to increased tax burdens on constituents. Call for Efficiency: There is a need for local councils to streamline operations and reduce workforce sizes to improve efficiency, drawing parallels to successful practices in the private sector, such as those implemented by Elon Musk at X. BEST MOMENTS "Net migration is to push the UK population up to 72.5 million, a projected population growth of 7.3% between 2022 and 2032." "If the population is set to increase sustainably, then from a housing point of view, that could be quite beneficial." "Council tax hikes are going to be taking place from April, and it seems that councils are really taking the piss." "We've been taken for a ride in the UK, and it's really not good. It's not healthy by any stretch of the imagination." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
This is why 1.5m homes WILL NOT get built by 2029 15:15

18 weeks پیش15:15

15:15

Rob looks into the ambitious target set by the current Labour government to build 1.5 million homes by 2029, highlighting the significant challenges posed by a shortage of skilled labor in the construction industry. He covers the various trades needed for housing projects, the impact of Brexit on the workforce, and the government's acknowledgment of a "dire shortage" of construction workers. KEY TAKEAWAYS The UK is facing a significant shortage of skilled construction workers, including bricklayers, plumbers, and electricians, which poses a challenge to the government's target of building 1.5 million homes by 2029. The lack of skilled labor has been attributed in part to Brexit, which has affected the availability of workers from abroad, further complicating the situation in the construction industry. Addressing the skills shortage and meeting housing targets requires a long-term strategy, including incentives for trades and support for small businesses, rather than quick fixes. The imbalance between housing supply and demand is likely to lead to rising property prices, which could benefit current property owners and investors but does not resolve the underlying issues in the housing market. There is a need for a national housing strategy that encourages more people to enter trades and supports small businesses, emphasising the importance of tax incentives and a coherent approach to infrastructure development. BEST MOMENTS "The UK doesn't have enough builders for Labour's 1.5 million homes." "We have a lack of skilled people in the country at the moment... and of course, they blamed Brexit as well." "If the government want to build 1.5 million homes by 2029, it's very unlikely that's going to happen." "We need more people in the trades. We need the country to be better at promoting and helping small businesses." "What needs to happen are more tax incentives for people to get into becoming tradespeople in the first place." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/c5yg1471rwpo GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
5 plants to avoid in housing 9:27

18 weeks پیش9:27

9:27

Rob lists the five plants that homeowners, landlords, and tenants should avoid due to their potential negative impact on properties. The episode highlights invasive species such as Japanese knotweed, bamboo, rhododendron, buddleia, and English ivy, detailing how these plants can cause structural damage, compete for resources, and complicate mortgage and insurance processes. KEY TAKEAWAYS Japanese Knotweed: This invasive plant grows rapidly and can penetrate through soil and concrete, leading to potential structural damage. It's crucial to identify it during house viewings, as it can complicate mortgage approvals. Bamboo: Known as the fastest-growing plant, bamboo can quickly overtake gardens and disrupt paving, patios, and driveways due to its strong root system. While it can be aesthetically pleasing, it requires careful management. Rhododendron: These plants can grow very large and compete for light and nutrients with other plants. They are also toxic to dogs, making them a concern for pet owners renting properties. Buddleia: Although visually appealing, buddleias can grow in hard-to-reach areas like chimney stacks and roofs, leading to potential damage and water ingress. They produce a significant number of seeds, which can contribute to their invasive nature. English Ivy: Commonly seen on buildings, English ivy can spread rapidly and infiltrate cracks in structures, causing water ingress and structural issues. While it adds aesthetic value, it can pose risks to the integrity of a home. BEST MOMENTS "The first plant to really watch out for is Japanese knotweed... it can force its way into anywhere basically." "Bamboo is the fastest growing plant in the world... the roots can overtake a garden, it can push up paving slabs, patios, driveways." "Rhododendrons can grow to be very, very big... and also the plants are poisonous to dogs." "Even small buddleias are capable of producing over one million seeds a year... they can become quite invasive." "English ivy... its roots will go through cracks in the structures... leading to all forms of water ingress and structural issues potentially for the home." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/five-problem-plants-to-avoid-when-buying-a-property-and-what-to-do-if-you-spot-them/ar-BB1ogmDH?ocid=winp2fptaskbar&cvid=0a97fc7db27c49fbc2ad1d6e32be5c23&ei=41 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Energy policy latest incl. Heat Pumps & Gas Boilers 13:24

19 weeks پیش13:24

13:24

Rob looks into the contentious topic of heat pumps versus gas boilers within the context of the UK's energy policy. With a critical eye, he discusses the government's shifting stance on energy solutions, including the potential abandonment of plans to ban new gas boilers by 2035. KEY TAKEAWAYS There is a strong skepticism regarding the effectiveness of heat pumps in the UK, particularly due to the age and structure of much of the housing stock, which may not be suitable for such systems. The UK government's energy policies have been inconsistent, with frequent changes regarding the ban on gas boilers and the push for heat pumps, leading to confusion and uncertainty in the housing market. The financial burden of transitioning to heat pumps or other energy-efficient systems is a significant concern, as the costs can be prohibitive for many homeowners, especially when compared to traditional gas boilers. There is a call for increased investment in various energy sources, including fossil fuels and nuclear power, to ensure affordable energy and support economic growth, rather than solely focusing on green policies. A more stable and affordable energy policy could lead to increased disposable income for consumers, allowing them to make more choices regarding energy systems, including potentially opting for heat pumps in the future. BEST MOMENTS "It's important to have a look at the latest news because that can impact the long-term housing plan for this country." "When you look and realize that most of our housing stock in the UK consists of some form of late Victorian or early Edwardian, heat pumps are not suitable for the housing stock in general." "If you give someone an option of installing a heat pump that may or may not work at the cost of say 10,000 pounds, or they can get a new gas boiler for say 5,000 pounds, most people are gonna go down the gas boiler route." "The current energy policy is not very good, to put it in a polite way." "We need more energy. We need more nuclear. We need more gas. We need more oil. More of those things are gonna drive our economy." VALUABLE RESOURCES https://www.msn.com/en-gb/money/technology/heat-pumps-to-be-installed-in-most-uk-homes-despite-fears-over-cost/ar-AA1wRJm8?ocid=winp2fptaskbar&cvid=d677da73f32445c2d535151ee4d6d24f&ei=13 https://www.msn.com/en-gb/money/other/labour-ditches-plans-to-ban-new-gas-boilers-from-2035/ar-AA1x3JLf?ocid=winp2fptaskbar&cvid=6a91687b1ea14fe2b89b1dcaae9bb589&ei=6 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Rightmove says there's a new property boom. I disagree... 10:03

19 weeks پیش10:03

10:03

Rob looks at the recent announcement by Rightmove regarding potential housing boom areas for 2025, contrasting it with the current decline in property prices in London. He delves into the latest data from Halifax, which shows a year-to-date increase of 3.3% in UK housing prices, and explore the implications of a 26% rise in new property listings compared to the previous year. KEY TAKEAWAYS Rightmove has reported a significant increase in property listings, claiming a new property boom is underway, with listings up by 26% compared to the same time last year. The increase in listings does not necessarily indicate a property boom; it could reflect various factors such as landlords selling due to economic pressures, homeowners testing the market, or seasonal trends following the quieter months of November and December. The Southeast has the highest number of new listings, followed by the East of England and the Southwest, indicating regional variations in market activity. The ongoing imbalance between high demand for housing and low supply is a fundamental driver of price increases, as evidenced by the Halifax reporting a 3.3% year-on-year increase in housing prices. BEST MOMENTS "Rightmove have announced some housing boom areas for 2025... it's interesting to see that Rightmove have, to an extent, almost countered that with their latest information." "They do say that listings... have jumped by 26% in comparison to this time last year." "If there are a lot more homes hitting the market, that doesn't necessarily indicate the start of a new property boom." "When you're dealing with the fundamentals of supply and demand, that's what happens. Weak supply, big demand, demand outstrips supply, prices go up." "Take it with a pinch of salt when you read that there could be a new property boom happening." VALUABLE RESOURCES https://www.msn.com/en-gb/money/homeandproperty/rightmove-reveals-property-boom-and-regions-racing-to-put-homes-on-the-market/ar-AA1x5jXc?ocid=winp2fptaskbar&cvid=d4982e65c2b64cd6c5f25e99b72e7c38&ei=24 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Bank of England playing chicken with the mortgage market 9:49

20 weeks پیش9:49

9:49

Rob looks at the complexities surrounding the Bank of England's current monetary policy, particularly its base rate, which is held at 4.75%. With the next decision set for February 6, 2025, Rob highlights the challenges posed by persistent inflation, currently reported at 2.6%, and the implications for the mortgage and property markets. KEY TAKEAWAYS The Bank of England has maintained the base rate at 4.75%, with the next decision scheduled for February 6, 2025. There are concerns about the potential for sticky and rising inflation, which complicates the decision-making process regarding interest rates. The official inflation rate is reported at 2.6%, but there is skepticism about this figure. Many believe that actual inflation is higher, especially when considering everyday expenses like fuel and groceries. The economic environment is characterised by persistent inflation and flatlining growth. The recent autumn budget has raised concerns about stagflation, where the economy experiences stagnant growth alongside high inflation. This situation poses significant challenges for the Bank of England in managing monetary policy. The Bank faces a difficult choice: keeping interest rates high to combat inflation could harm the mortgage and housing markets, while lowering rates might exacerbate inflation and create a housing bubble. This creates a "damned if you do, damned if you don't" scenario. BEST MOMENTS "The Bank of England held rates at 4.75%. The official inflation rate... is at 2.6%. But if you put fuel in your car or go to the supermarket, you're probably finding that prices are going up a little bit more than that." "They're almost in a damned if you do, damned if you don't situation... If they keep rates up to deal with inflation, then mortgages and the housing market might struggle." "Rachel Reeves also somehow managed to produce a budget that was inflationary and possibly at the same time deflationary. I'm not sure I've ever seen that before in my life." "Energy is the economy. Without being self-sustained in energy, that's going to lead to all sorts of issues." "If you lower rates, I just think it's gonna lead to a much bigger drop moving forward." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Property Prices Falling in London - beware the ripple effect 7:24

20 weeks پیش7:24

7:24

Rob discusses the recent decline in house prices in London, highlighting that while the media may exaggerate the situation, the reality shows only modest decreases in certain boroughs. Using data from Halifax, he explores the implications of these trends, noting that London often sets the tone for the rest of the UK housing market. KEY TAKEAWAYS House prices in London have seen a slight decline, with areas like Westminster and Ealing experiencing drops of 3.5% and nearly 5%, respectively. However, these declines are not as dramatic as some reports suggest. London has a high house price to earnings ratio of 8.22, making it one of the least affordable places in the UK, compared to the national average of 6.55. While some areas in London are experiencing price declines, other regions in the UK, such as Stoke-on-Trent and Slough, have seen significant increases in house prices, with rises of 17.2% and 15%, respectively. London often sets the trend for the rest of the UK housing market. A decline in London’s house prices could lead to similar trends in other regions, indicating potential challenges ahead for the national housing market. Despite current fluctuations, demand for housing in the UK remains higher than supply. This creates opportunities for investors, especially if they are prepared to act quickly when prices drop further. BEST MOMENTS "House prices have tumbled across swathes of London, but in reality, they're down by a couple of percent." "London has a house price to earnings ratio of 8.22, making it one of the least affordable places to live in the country." "If London is doing well housing-wise, chances are the rest of the country is going to be doing well housing-wise." "There are always opportunities in the market, and demand for housing in the UK is significantly higher than supply." "If a lot of the boroughs are starting to see declines in house prices, then that will have a ripple effect on the rest of the country." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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6 x 2025 Predictions 8:05

21 weeks پیش8:05

8:05

Rob shares bold predictions for 2025, including expectations for gold prices to soar to $3,000 before retreating to $2,200, and a worldwide recession that could surpass the Great Depression of 1929. He speculates on political changes, predicting that Sir Keir Starmer will be ousted as Prime Minister by the end of the year. Additionally, there are forecasts for oil prices to drop to $50 a barrel and the Bank of England's base rate to decrease to 4%, accompanied by rising inflation. KEY TAKEAWAYS It is anticipated that gold will rise to $3,000 before experiencing a sell-off down to $2,200, influenced by market trends and potential economic downturns. A significant worldwide recession is predicted for 2025, potentially worse than the Great Depression of 1929, driven by unsustainable financial practices and market valuations. There is an expectation that Sir Keir Starmer will be ousted as Prime Minister, leading to the installation of a new Prime Minister by the end of the year. Oil prices are projected to drop to $50 per barrel for Brent crude, influenced by economic slowdowns and recession fears. The Bank of England's base rate is expected to decrease to 4%, while inflation is predicted to rise again, despite current figures suggesting lower rates. BEST MOMENTS "Sir Keir Starmer will be ousted as Prime Minister... I think something's going to happen where he is ousted as Prime Minister." "Oil has been slowly going on a downward spiral for a while... that will normally send oil lower." "I believe that the Bank of England will drop that down to 4%. That wouldn't be the right thing to do at all, in my opinion, but I believe it will happen." "I think a new international monetary system will be officially announced... it could be anything." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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2024 Predictions Review 7:21

21 weeks پیش7:21

7:21

Rob reflects on his property finance and macro predictions for 2024, assessing the accuracy of each forecast made at the beginning of the year. The predictions covered a range of topics, including gold prices, the Bank of England's base rate, the commercial property market, house prices, oil prices, and a wildcard prediction regarding the U.S. presidential election... KEY TAKEAWAYS The prediction that gold would hit $2,500 was accurate, with gold peaking at $2,800 later in the year, marking it as one of the best-performing assets. The expectation that the Bank of England would increase its base rate to at least 7% was incorrect, as the rate remained significantly lower, around 4.5% to 4.75%. The prediction of a collapse in the commercial property market did not materialise, as the market remained stable in the UK despite some global concerns. The forecast that house prices would increase by 5% year-on-year was also incorrect, with data showing a slight decline of 0.3% compared to the previous month. BEST MOMENTS "The first prediction was that gold would hit $2,500 amid economic meltdown. Now, I'm going to give myself a point for this because gold certainly hit $2,500 at the latter end of the year." "The second prediction was that the Bank of England would increase its base rate to at least 7%. This is completely incorrect. I haven't fared well with this." "The third prediction was that the commercial property market collapses. Again, I have to give myself a big X on the spot for that one. That hasn't happened." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Why the new Green Energy bill will impact us ALL 13:56

22 weeks پیش13:56

13:56

Rob examines the complexities of green energy policy and its implications for individuals and property investors in the UK. Emphasising the need for a cleaner and greener environment, the discussion highlights the potential economic burdens that may arise from the government's aggressive decarbonisation goals by 2030. KEY TAKEAWAYS The current green energy policies in the UK are viewed as unsustainable and potentially harmful to the economy, leading to higher energy bills for households and property investors. The goal to decarbonise the electricity grid by 2030 is seen as unrealistic, with significant changes required that may not be suitable for the population, potentially resulting in increased costs. Nuclear energy is presented as the cleanest and most reliable baseload energy source, necessary for achieving a greener grid, especially as wind and solar are intermittent and cannot solely meet energy demands. The push for green energy and the associated subsidies will ultimately lead to increased standing charges and energy prices, affecting lower-income households the most and creating a cycle of financial strain. BEST MOMENTS "What the government in the UK are trying to do is not sustainable and not suitable, and it really is making us all poorer." "To decarbonise the electricity grid in five years is, in my opinion, not good." "Nuclear really is the answer... if you want a greener grid and an abundance of electricity, nuclear is the way forward." "We're making ourselves poorer by design... all of those investments, all of those subsidies get passed along to us through a standing charge." "When you tell them it's gonna cost them hundreds and possibly thousands of pounds per person, that's when you're gonna get resistance." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/new-green-energy-bill-warning-amid-threat-of-120-rise/ar-AA1v8w07?ocid=winp2fptaskbar&cvid=f5ffd35f0a5e4935b1341555a0bc4b46&ei=9 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Gas boilers to be banned in NEW Homes from 2027 9:57

22 weeks پیش9:57

9:57

Rob looks at the impending ban on gas boilers in new homes, set to take effect in 2027 as part of the government's Future Homes Standard aimed at reducing carbon emissions. He delves into the implications of this legislation for developers and homeowners, highlighting concerns about increased construction costs, potential planning issues, and the strain on the electricity grid. KEY TAKEAWAYS Gas Boiler Ban: The UK government plans to ban gas boilers in new homes starting in 2027 as part of the Future Homes Standard aimed at reducing carbon emissions. The transition to electric heat pumps and non-gas alternatives is expected to increase construction costs, which will likely be passed on to homebuyers, potentially making housing less affordable. The shift to electric heating systems raises concerns about the capacity of the electricity grid, which may struggle to handle the increased demand, leading to potential reliability issues. Relying solely on electric heat pumps could create vulnerabilities, as a power outage would leave homes without heating or hot water, emphasizing the need for backup systems. The current energy policies are viewed as flawed, with high electricity prices and a lack of diverse energy options, leading to skepticism about the effectiveness and sustainability of the proposed changes. BEST MOMENTS "Gas boilers are likely to be banned in new homes from 2027 as part of legislation being brought forward by the government." "If you're trying to force everyone down this net zero route, what is going to happen is that the cost of putting in heat pumps... would increase." "You're putting all your eggs in one basket... if the grid goes down and you're running off a heat pump, then you're screwed." "Banning gas boilers, not a good thing in my opinion... they're making us poorer, I think, by design." "We should always have the option, if you want gas, have gas. If you don't want gas and you want a heat pump, go for it." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Seasons Greetings and top tips for having a productive festive period 9:20

23 weeks پیش9:20

9:20

Rob extends warm Christmas and New Year wishes to you, the listeners while encouraging you to take a break from business stresses and enjoy quality time with family and friends. He shares valuable tips for reflecting on the past year and planning for the upcoming one, emphasising the importance of goal setting and strategic networking in the property market. KEY TAKEAWAYS The holiday season is a valuable opportunity to spend quality time with friends and family, allowing for a mental break from business stresses and personal challenges. Use the festive period to reflect on the past year, assess what went well and what didn’t, and set clear goals for the upcoming year. Writing down these goals is crucial for achieving them. Consider evaluating current property strategies and exploring new ones. Rob highlights the importance of being open to new opportunities in the property market, even if they weren't previously on your radar. Networking should be strategic rather than just a numbers game. Identify specific goals for networking, such as finding new partners or resources, and ensure that your efforts are focused and productive. BEST MOMENTS "It's always nice every once in a while to take your mind off of other things, maybe business stresses or things in your personal life." "Half the time, goal setting is very important, because it's okay having it in your head, but once you've written it down, that's the first step to achieving it." "There are always deals out there. There are always opportunities out there." "When you go networking, what are you looking to try and do? What's the aim of networking?" VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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A big landlord exodus will happen - here's why 14:32

23 weeks پیش14:32

14:32

Rob discusses the impending landlord exodus expected to impact the UK housing market from 2025 onwards. Citing the latest English Private Landlord Survey, he highlights a significant increase in landlords considering selling their properties, rising from 22% in 2021 to 31% in 2024. The discussion delves into the various factors contributing to this trend, including recent legislative changes, rising mortgage costs, and the challenges posed by the Renters Reform Bill. KEY TAKEAWAYS A significant increase in landlords considering selling their properties is anticipated, with the percentage rising from 22% in 2021 to 31% in 2024. This trend could lead to a decrease in rental housing supply. The potential exodus of landlords may result in higher rental prices due to decreased supply, despite the government's intentions to protect renters through new legislation. Recent legislation, including the Energy Performance Certificate (EPC) regulations and the Renters Reform Bill, has contributed to landlords' decisions to sell, as many feel the environment has become increasingly unfavourable. Rising mortgage costs and inflation are putting additional pressure on landlords, making it more challenging to maintain profitability in the rental market. BEST MOMENTS "There will be a devastating landlord exodus that will hit Britain from 2025 onwards, and it's a culmination of a lot of factors." "If the supply of available housing for rent decreases... then what happens is an increase in prices." "Just under two-thirds have blamed the recent legislation changes for the decision." "Landlords have been operating in an increasingly unfriendly environment." "If all these properties were sold... that leaves a smaller pool of rental properties that are available." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Rent Increases from Landlords lead to outcry from rental groups 10:39

24 weeks پیش10:39

10:39

Rob looks into the alarming findings of the English Private Landlord Survey of 2024, revealing that over a third of landlords are raising rents by at least 15% for new tenancies. This surge in rental prices has sparked outrage among renter groups, prompting calls for government intervention to address the escalating costs of housing. The discussion highlights the increasing number of landlords planning to reduce their portfolios, the challenges of energy efficiency in rental properties, and the reluctance of many landlords to accept tenants on housing support. KEY TAKEAWAYS Over a third of landlords are increasing rents by at least 15% for new tenancies, leading to significant concern from renter groups and calls for government intervention. The proportion of landlords planning to reduce their portfolios or sell properties has increased from 22% in 2021 to 31%, indicating a growing sentiment among landlords to exit the market. A significant number of landlords (47%) have properties with a D rating or below for energy performance, yet only 35% plan to improve energy efficiency, suggesting potential financial constraints or unwillingness to invest. A notable percentage of landlords (38%) are unwilling to rent to individuals receiving housing support, and 47% are hesitant to accommodate tenants requiring adaptations for disabilities, reflecting a challenging rental landscape for vulnerable groups. BEST MOMENTS "Over a third of landlords are apparently raising rent by at least 15% for new tenancies." "Nearly a fifth of those raising the rent on existing tenants did so by a whopping 15 percent or more." "Eye-watering rents put this out of reach for too many." "If you put a price cap on something, it's gonna have an inadvertent effect on the people you're trying to protect." "Unless people want to look into that and admit why this is happening in the first place, I'm not sure we're going to come up with any useful solutions moving forward." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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£10,000 repair for Landlord + how to gain access through the Landlord and Tenant Act 1985 10:04

24 weeks پیش10:04

10:04

Rob discusses a troubling case involving a landlord, Nick Lyons, who faces a £10,000 bill after his rental property in South London was turned into a cannabis farm by tenants who sublet the property without his consent. He highlights the challenges landlords face in the current rental market, particularly regarding tenant protections and the importance of regular property inspections. KEY TAKEAWAYS Landlords should ensure that regular property inspections are conducted, whether managed personally or through an agent. This helps identify potential issues before they escalate. It's crucial for landlords to maintain open lines of communication with their property management agents. If inspections are being denied or not conducted, landlords should be informed promptly to address the situation. Tenants have the right to peaceful enjoyment of their property, which includes the ability to refuse entry for valid reasons. Landlords must be aware of these rights and navigate them carefully. Familiarity with the Landlord and Tenant Act 1985, particularly Section 11, is essential. This law allows landlords to enter properties with 24 hours written notice for essential repairs or in emergencies, but does not permit entry solely based on suspicion of illegal activity. BEST MOMENTS "The tenant always had an excuse, and because of his good track record, they didn't push further." "Had this been done earlier, we might have discovered the problem before it escalated." "It's important to have good systems and processes in place to ensure that regular inspections are being carried out." "If a landlord or managing agent suspects illegal activity, this does not on its own warrant entry without permission." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Inflation - how to use it to your advantage in property 7:04

25 weeks پیش7:04

7:04

Rob examines the impact of inflation on property investment, particularly in the context of the recent 3.7% year-on-year increase in UK house prices as reported by the Nationwide House Price Index. He highlights the dynamics of supply and demand in the housing market, emphasising how inflation can be leveraged to build equity over time. KEY TAKEAWAYS Inflation can be advantageous for property investors as it tends to increase the value of homes over time, allowing for greater equity accumulation. An example illustrates that if a property is purchased for £100,000 with a £75,000 mortgage, and its value rises to £120,000 due to inflation, the equity increases from £25,000 to £45,000 without changing the mortgage amount. Proper timing when remortgaging is crucial. If the market declines and the property value drops, investors may face negative equity, making it difficult to refinance. A long-term approach to property investment is emphasised, as values generally trend upwards over time despite potential market corrections or crashes. BEST MOMENTS "The Nationwide House Price Index in the United Kingdom increased 3.7% year-on-year in November 2024, saying to us that the UK house price growth is accelerating." "If you're not in property or you're not in things like gold or silver, then your purchasing power decreases." "If you are in an inflationary environment, the price of the home or the value of the home through inflation should incrementally increase." "You make your money when you buy, but if the market's not timed properly, then that could lead to all sorts of issues." "Inflation will, over time, increase the price of an asset, and if you're keeping your original mortgage the same, you'll build a hell of a lot of equity." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Spray Foam Insulation. DO NOT INSTALL IT 9:17

25 weeks پیش9:17

9:17

Rob addresses the growing concerns surrounding spray foam insulation in homes, particularly its impact on selling and remortgaging properties. With major lenders increasingly rejecting homes that have this type of insulation installed, Rob examines the potential issues caused by improper installation, such as moisture buildup and structural damage. KEY TAKEAWAYS Homeowners with spray foam insulation may face difficulties when trying to sell or remortgage their properties, as major lenders are increasingly rejecting homes with this type of insulation. Many instances of spray foam insulation have been poorly installed, leading to potential issues such as moisture buildup and dampness in the loft area, which can compromise the structural integrity of the roof. A significant portion of spray foam insulation was installed under the previous government's Green Homes Grant scheme, highlighting a lack of coordination between government initiatives and lender requirements. It is crucial for homeowners and potential buyers to inspect loft spaces for spray foam insulation. If present, it can be a point of negotiation during property transactions. BEST MOMENTS "If you have it in your home, then you might have trouble either selling your home or remortgaging." "The fear from lenders is that with spray foam installation, what it does is it blocks up the rafters." "It's estimated about a quarter of a million homes have this type of installation." "There's going to be a lot of cowboy people out there to take advantage of the grant cash." "If you're looking to have this installed, I personally, I wouldn't recommend it." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/cqjrpv218r0o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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£5,000 for heating and hot water in South London! 9:27

26 weeks پیش9:27

9:27

Rob unpacks the troubling situation surrounding the North Peckham Heating Network in Southwark, South London regarding the exorbitant estimated heating bills faced by residents, exemplified by a case where a tenant received a shocking annual bill of over £5,000 due to the communal heating system. KEY TAKEAWAYS Residents in the North Peckham heating network are facing exorbitant heating bills, with one individual receiving an estimated annual bill of over £5,000 due to the communal heating system. Communal heating networks are not covered by Ofgem's energy price cap, allowing providers to charge unregulated prices for gas, which can lead to significantly higher costs for tenants. The heating systems in question are classified as commercial, despite serving residential buildings, resulting in a price discrepancy that negatively impacts residents. The current energy policy in the UK is criticised for being ineffective and not responsive to geopolitical challenges, contributing to rising energy costs and dissatisfaction among residents. There is a call for improved regulation of heat networks to protect residents from high costs and ensure that energy policies serve the needs of the public effectively. KEY TAKEAWAYS "His estimated bill for the year was 5,094 pounds and 17 pence. That's a lot... that is absolutely ludicrous." "Heat networks don't really work from a cost efficiency point of view. They just don't at the moment." "Why are these things classed as commercial systems, if you're dealing with residential buildings?" "The underlying issue here is that there are a lot of challenges within the energy sector at the moment, they're not going to go away anytime soon." "We need to have more cohesive and joined up thinking and we're not going to get that with this current policy." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/cvg74903457o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Landlords rushing to remove tenants ahead of eviction ban 8:20

26 weeks پیش8:20

8:20

Rob discusses the impending ban on no-fault evictions, specifically Section 21 notices, as proposed by the Labour government, set to take effect by the summer of 2025. The conversation highlights the current challenges faced by landlords, who are rushing to issue Section 21 notices before the ban is implemented, resulting in an eight-year high in evictions. KEY TAKEAWAYS The Labour government plans to implement a ban on no-fault evictions (Section 21) by summer 2025, which will make it more challenging for landlords to regain possession of their properties. There has been a significant rise in the issuance of Section 21 notices, with 8,425 households served between July and September, marking an eight-year high. This surge is attributed to landlords acting preemptively before the ban takes effect. Without the ability to issue Section 21 notices, landlords may face difficulties in evicting tenants, especially in cases where tenants are not paying rent or are otherwise problematic, leading to a potentially lengthy court process. There is a call for a balanced approach that considers the needs of both landlords and tenants. The suggestion is to establish an effective ombudsman system before abolishing Section 21 notices to ensure a fair resolution process. BEST MOMENTS "It's no surprise to see that Ministry of Justice figures show between July and September, 8,425 households in England were served with Section 21 notices, which is at an eight-year high." "By taking that away, you then have this situation where if you want to get your property back, you're now going to struggle to do so." "If the ombudsman was in place beforehand, and it was being tested, and it was relatively efficient, I think that would be more palatable for most people." "Landlords will cite the same thing... and a lot of tenants, or housing charities, will take the other side of the fence and just point their fingers at landlords." "If it was me, I'd flip it and do the ombudsman first and go from there. Let's see what happens." VALUABLE RESOURCES https://www.msn.com/en-gb/news/uknews/landlords-rush-to-force-out-tenants-ahead-of-labour-s-no-fault-eviction-ban/ar-AA1u5qwz?ocid=winp2fptaskbar&cvid=13d432bc60894632ff342e86742efd84&ei=7 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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£66k energy bill for net zero communal heating. More energy madness 9:08

27 weeks پیش9:08

9:08

Rob examines the challenges surrounding communal heating systems and the implications of the push towards net zero initiatives. Focusing on a case study from Lillington and Longmore Gardens in South Central London, he highlights the council's plan to invest in an eco-friendly heating system that could lead to significant service charge increases for residents. KEY TAKEAWAYS There are significant issues with communal heating systems, particularly in social housing, which are being exacerbated by the push towards net zero initiatives. Residents of Lillington and Longmore Gardens are facing a projected service charge increase of around £66,000 due to the council's plan to invest in a new eco-friendly heating system, despite existing unresolved maintenance issues. The decision to implement a costly new heating system, rather than simply upgrading the existing gas boilers, raises concerns about the practicality and financial wisdom of such initiatives in the context of social housing. The heating system in question is one of the oldest in Britain, previously utilising waste heat from Battersea Power Station, but now relies on outdated gas boilers, highlighting the need for a more sensible approach to upgrades. BEST MOMENTS "There's been a lot of issues with communal heating and heating projects... councils just not thinking because they're being led down a dark and dangerous path." "The irony being of this system... they’re coming up with this idea of, well, let's put this system in, oh, by the way, it's going to cost X amount." "Residents... have seen their service charges already increased by about 150%. They're claiming that basic repairs remain unresolved." "The easy win here... would be to upgrade the existing gas boilers with new gas boilers. That's the easy solution." "We're being pushed down this area and path that we don't need to be pushed down to." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/we-re-living-in-squalor-but-our-council-is-trying-to-bill-us-66k-for-net-zero-heating/ar-AA1u0Pw3?ocid=winp2fptaskbar&cvid=76889fd0bbd045a689655b82088512c0&ei=7 https://www.telegraph.co.uk/money/consumer-affairs/8-alternatives-gas-boilers-whether-save-you-money/ GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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BoE rate drops 0.25% to 4.75% - adds fuel to the fire 7:11

27 weeks پیش7:11

7:11

Rob discusses the recent decision by the Bank of England to reduce the base interest rate from 5% to 4.75%, a move that was widely anticipated. He delves into the implications of this rate cut, particularly in light of the government's recent budget, which is expected to stimulate inflation, arguing against the rate reduction, citing historical patterns of inflation and the potential for rising prices due to increased government spending and flawed energy policies. KEY TAKEAWAYS The Bank of England has reduced the base rate from 5% to 4.75%, a 25 basis point cut, which was widely anticipated. Despite the rate cut, the Bank of England warns that interest rates may take longer to fall due to rising inflation, influenced by recent government budget decisions. The budget is expected to stimulate economic growth but also includes tax increases and measures that could lead to higher prices, contributing to inflation. Energy prices are a significant factor in inflation, and the current energy policy is viewed as flawed, which may exacerbate inflationary pressures. The Monetary Policy Committee voted 8 to 1 in favor of the rate cut, with one member advocating for rates to remain unchanged due to concerns about inflation stemming from the budget. BEST MOMENTS "The Bank of England has reduced the base rate from 5% down to 4.75%. This was widely expected, but what's most interesting are the comments that accompanied the interest rate decision." "My argument on this podcast has been that the Bank of England shouldn't be reducing rates anyway, because inflation has three waves." "Although we supposedly had a 22 billion pound black hole, the government have decided to stimulate growth through spending, and with that comes a big bunch of tax increases." "The inflation measure apparently did fall below the bank's 2% target, but that was always expected to rise again." "I don't think that rates should be going down at all. They should be going in the other direction because what will happen is that rates will continue to go down and exacerbate inflation." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Over 100% of GDP. £3 TRILLION of debt. Your Plan B 17:43

28 weeks پیش17:43

17:43

Rob discusses the current economic challenges facing the UK, particularly the alarming national debt that has surpassed £3 trillion, exceeding the country's national income. He examines the implications of this financial situation, including the potential for inflation and the importance of being proactive in managing personal finances, and offers practical advice on safeguarding assets, such as acquiring physical gold and silver as inflation hedges KEY TAKEAWAYS The UK's national debt is projected to exceed £3 trillion, surpassing 100% of national income, which poses significant economic challenges and could lead to inflation and devaluation of the currency. Inflation increases the price of goods and services, effectively reducing the purchasing power of currency. It's crucial to recognise how inflation can impact financial stability. Acquiring physical gold and silver is recommended as a hedge against inflation and economic instability. These metals maintain purchasing power over time and carry no counterparty risk. Having a knowledgeable team, including tax accountants and financial advisors, is essential for navigating property investments and maximising tax efficiency, especially in a challenging economic environment. Considering temporary or permanent residency in other countries can provide a safety net and potential tax benefits. It's advisable to have a plan B in case of worsening conditions in the UK. BEST MOMENTS "Britain's got a bit of an issue at the moment and that's in terms of its debt... the debt of Great Britain is likely to exceed £3 trillion." "Inflation is the stealthiest tax of them all... it means that the cost of that good or service has gone up by 5%." "If you own the physical gold yourself... there's no counterparty risk. A government cannot print physical gold." "If you think there's a lot of economic stupidity coming down the line... then looking at gold might be a very good idea for you." "If you don't have a temporary residency in a different country... then do look at obtaining that and be quick about that if you can." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Stamp Duty Changes in detail 8:09

28 weeks پیش8:09

8:09

Rob delves into the recent changes to Stamp Duty in England and Northern Ireland, providing a comprehensive overview of the new rates and their implications for both first-time buyers and property investors. He highlights the current rates effective until March 31, 2025, and outlines the upcoming changes set to take effect on April 1, 2025, as well as the potential impact of these changes on the property market, including the possibility of reduced investment in rental properties and the resulting effects on supply and demand. KEY TAKEAWAYS The current Stamp Duty rates for residential properties in England and Northern Ireland will remain in place until March 31, 2025. After this date, the thresholds and rates will change, with the zero rate for main residences decreasing from £250,000 to £125,000. First-time buyers may benefit from reduced competition in the market due to higher costs for investors, potentially making it easier for them to enter the property market. The additional Stamp Duty rate for investment properties will rise from 3% to 5%, which may deter some investors from purchasing rental properties, leading to a potential decrease in the supply of rental homes. The changes in Stamp Duty could lead to a rush of transactions before the new rates take effect, followed by a possible drop in demand and transactions after April 1, 2025, particularly in regions with higher property values. Those in the process of purchasing a property should confirm their Stamp Duty obligations with their solicitors, especially if they have exchanged contracts but have not yet completed the purchase, as they may still be bound by the pre-budget rules. BEST MOMENTS "The purchase price when it's up to 250,000 or 425,000 for first time buyers, then the stamp duty rate is effectively zero." "If more people were sitting on the fence about I could go and buy some property or I might not, then they might look at these increased transaction costs." "What could the impact of that be? Well, people purchasing properties above 125,000 will face higher stamp duty land tax liabilities." "The threshold for first time buyers and stamp duty is decreasing... this could lead to reduced investment in rental properties." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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More licencing, Higher Fees + Increasing pressure on Landlords 10:22

29 weeks پیش10:22

10:22

Rob talks about the recent proposal by Leeds City Council to implement the highest licensing fee for landlords in the UK, set at £1,225, which represents a 45% increase from the current rate, raising concerns about selective licensing schemes, arguing that these initiatives are primarily cash-generating measures rather than genuine efforts to improve housing standards. KEY TAKEAWAYS Leeds City Council has proposed raising the licensing fee for landlords to £1,225, marking a 45% increase from the current fee, which is the highest in the UK. The increase in licensing fees is likely to be passed on to tenants through higher rents, potentially leading to an inflationary spiral that negatively affects those the licensing is intended to protect. Councils often justify selective licensing by claiming it aims to improve housing standards and protect tenants, but there are doubts about its effectiveness, especially in areas with poor housing conditions. The implementation of selective licensing schemes incurs additional administrative costs for councils, which may further complicate the financial burden on landlords and, consequently, tenants. BEST MOMENTS "Leeds City Council has proposed charging the highest fee in the country... £1,225 to have a license to operate a buy-to-let property." "The very thing that selective licensing schemes are trying to protect... the tenants are going to become the most worse off out of this because the fees will get passed on to them." "It's not necessarily the implementation of the licensing. It's almost the lying about it and saying, well, this is what it's for, when really it's got nothing to do with that." "The revenue from the scheme is to allow the local authorities to increase enforcement and improve standards... raising doubts about the direct impact of licensing on housing standards." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Grants + Loans available for Energy Upgrades 7:00

29 weeks پیش7:00

7:00

Rob discusses various grants and loans available for eco upgrades aimed at improving energy efficiency in homes. He highlights the Warm Homes Plan, which offers financial support for low-income homeowners and private tenants to enhance their properties' energy performance ratings, as well as the Boiler Upgrade Scheme that provides grants for replacing older boilers with greener alternatives. Additionally, the Great British Insulation Scheme (GBIS) is introduced, targeting homes with low energy performance ratings. KEY TAKEAWAYS There are various grants and loans available for eco upgrades, including the Warm Homes Plan, which offers up to £15,000 for energy performance improvements for eligible homeowners and tenants. While homeowners and tenants can access funding without any financial contribution, landlords are required to pay 50% of the costs for upgrades beyond the first one covered by the scheme. This scheme provides grants of up to £7,500 for replacing older boilers with more modern heat pumps, although there is skepticism about the environmental benefits of heat pumps. Aimed at properties with low energy performance ratings (D or below), this scheme offers various home insulation options for eligible households in specific council tax bands. BEST MOMENTS "There has been another £3.4 billion earmarked as a result of the budget." "Each eligible home can access £15,000 for energy performance improvements and potentially an additional £15,000 to install low carbon heating." "If we're looking to really, really improve everything, then it should just be a blanket case." "The boiler upgrade scheme provides grants worth up to £7,500 towards replacing older boilers with more modern and supposedly greener heat pumps." "Anything in life, if it's overly difficult or unnecessarily complicated, then it puts a lot of people off." VALUABLE RESOURCES https://www.gov.uk/apply-great-british-insulation-scheme https://www.msn.com/en-gb/money/other/thousands-of-uk-households-could-get-400-a-year-to-cut-energy-bills/ar-AA1tc1KZ?ocid=winp2fptaskbar&cvid=47ad2328aef04a09ba831f1fdf63fb0c&ei=18 https://www.msn.com/en-gb/money/other/free-heat-pumps-and-insulation-upgrades-worth-up-to-30k-each-as-budget-pledges-3-4bn-to-improve-homes/ar-AA1tdnlM?ocid=winp2fptaskbar&cvid=2c9dc3dddb5543caacae3dbfd89919f8&ei=10 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Budget - SDLT up to 5% from 3& + other key points 9:12

30 weeks پیش9:12

9:12

Rob discusses the recent budget announcement and its implications for business taxes and the housing market. Key highlights include an increase in national insurance contributions for firms, a rise in the stamp duty surcharge on second home purchases from 3% to 5%, and a boost to the affordable homes budget by £500 million. Rob examines the potential impact of these changes on landlords and property investors, particularly regarding their willingness to purchase additional properties. KEY TAKEAWAYS National insurance contributions for firms will rise, with the earnings threshold decreasing from £9,100 to £5,000 and the rate increasing from 13.8% to 15% starting April 2025. The stamp duty surcharge on second home purchases in England and Northern Ireland will increase from 3% to 5%, effective October 31st. This change may impact landlords' willingness to buy additional properties. The current affordable homes budget, which runs until 2026, will receive an additional £500 million, although there are concerns about whether this is an effective solution to the housing supply issue. Social housing providers will be permitted to raise rents above inflation under a multi-year settlement, indicating a shift towards allowing market forces to dictate pricing. Analysts suggest that the increase in stamp duty could lead to a decrease in the supply of rental properties, potentially resulting in higher rents for tenants in the remaining homes. BEST MOMENTS "Firms are to pay national insurance on workers' earnings above 5,000 pounds from April 2025... with the rate also increasing from 13.8% to 15%." "The stamp duty surcharge... is to go up from 3% to 5%. By the time you listen to this podcast, that increase has already been put into effect." "Analysts say this could affect landlords' willingness to buy more properties. If the supply of rental properties is squeezed, that could mean rents rise for tenants in the remaining homes." "The current affordable homes budget... has been boosted by 500 million pounds. Time will tell if that’s the best thing to do." "It is just a numbers game. It's not a death knell. It's not all doom and gloom. It just creates more opportunities." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/cx25w7qpr0yo https://www.bbc.co.uk/news/articles/cdxl1zd07l1o https://www.gov.uk/government/news/chancellor-to-unlock-housing-in-first-budget GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
A + B EPC Sale Premiums - An article that does NOT tell the whole truth 7:53

30 weeks پیش7:53

7:53

Rob discusses the potential benefits of green retrofitting for landlords, as highlighted in a recent article from the Evening Standard, highlighting findings from a survey by Mortgage Works, revealing that energy-efficient properties can command significant price premiums and rental boosts. However, Rob raises concerns about the lack of comprehensive data and the cost-benefit analysis of improving Energy Performance Certificate (EPC) ratings, arguing that while moving from a D to a C rating may be straightforward and cost-effective, achieving higher ratings like A or B can be challenging and expensive, often negating the financial benefits. KEY TAKEAWAYS Improving the energy efficiency of buy-to-let properties can potentially increase property values and rental yields, with properties rated A or B attracting a price premium of approximately 10.9% compared to D-rated properties. The article discussed does not adequately address the cost-benefit analysis for landlords considering improvements to EPC ratings. For instance, the cost to upgrade from a D to a C rating may equal the premium gained from the sale. Achieving an A or B rating in older properties is challenging and often requires significant investment in improvements such as insulation and solar panels, which may not be feasible for all landlords. Many landlords may not have the financial resources to make extensive improvements, and the assumption that all landlords have substantial cash reserves is misleading. BEST MOMENTS "According to the Evening Standard, green retrofitting can improve property values and rental yields for landlords." "If you have a more energy efficient buy-to-let property, i.e. with a rating of A or B, then this could attract a price premium of 10.9%." "I would argue that getting up to a C rating is probably quite straightforward and probably quite cost-effective." "To me, the economics just do not make sense whatsoever." VALUABLE RESOURCES https://www.msn.com/en-gb/money/homeandproperty/green-retrofitting-can-improve-property-values-and-rental-yields-for-landlords/ar-AA1sqs7n?ocid=winp2fptaskbar&cvid=ee15db42cd934b45dd5087238ec4c5bc&ei=15 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
The Perfect Storm Blocking Social Housing 16:05

31 weeks پیش16:05

16:05

Rob delves into the ongoing housing crisis in England, highlighting a significant shortfall in social housing availability. Drawing from a BBC article, the discussion reveals that over 1 million families are on waiting lists for social homes, while only a fraction of the required new builds are being completed each year. Rob explores the complexities of the housing market, including the challenges faced by housing associations, rising interest rates, and the impact of inflation on construction costs. KEY TAKEAWAYS There is a significant housing crisis in England, with over 1 million families and individuals on the waiting list for social homes. The demand for housing far exceeds the current supply, affecting both social and private rented housing. Experts estimate that 90,000 social homes need to be built annually for the next decade, yet only about 5,000 were completed in the past year. This shortfall is contributing to the ongoing crisis. Housing associations, which are crucial for providing social housing, are facing financial difficulties. They have less cash available to purchase new properties due to rising costs and limited rental income, which is often capped by government regulations. Rising interest rates and increased costs for materials and labor are making it more challenging for developers to undertake new housing projects. The base interest rate has risen significantly, affecting mortgage rates and overall project viability. BEST MOMENTS "England has a housing crisis... the demand for housing in this country is substantially higher than supply." "Experts believe that 90,000 social homes need to be built every year for a decade in order to house everyone, but supposedly reported that less than 5,000 were completed in the past year." "Housing associations are making less money and renting out social homes too." "If the numbers of the development don't work, or the numbers of the deal do not work in general, then don't do the deal." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/czegynwy938o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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How + why energy policy affects property bills 14:55

31 weeks پیش14:55

14:55

Rob discusses the complexities of energy policy in the UK and its direct impact on property bills. Following a critique of previous episodes that discussed simplistic energy-saving tips and renewable energy ideas, the discussion focuses on the pressing need for more baseload energy sources, particularly nuclear power, to stabilise energy prices. Rob outlines the factors contributing to the rising standing charges on energy bills, including grid maintenance, meter installation costs, investments in renewable energy, and government programs for vulnerable households. KEY TAKEAWAYS The current energy policy in the UK is flawed, lacking in energy security and relying heavily on unreliable renewable sources like wind and solar, which do not provide baseload energy. Baseload energy sources such as oil, gas, coal, and nuclear are essential for maintaining stable energy prices. The push towards net-zero without adequate baseload energy solutions is problematic. The standing charge on energy bills is composed of four main factors: grid maintenance, the cost of installing meters, investments in renewable energy sources, and government programs aimed at helping vulnerable households. Investments in renewable energy projects, while appearing beneficial, ultimately contribute to rising standing charges and energy costs for consumers, as these costs are passed down through energy bills. BEST MOMENTS "Our energy policy in the UK is screwed up. That's plain and simple. We don't have very good energy security." "Nuclear is the answer. Nuclear will produce a hell of a lot of electricity." "Wind and solar do have a small place on the table, but they are not baseload energy. They are fluctuating energies." "The standing charge is calculated with a funky old calculation, but it covers a multitude of expenses." "Scrapping the standing charges would be the best thing moving forward. That would save people a hell of a lot of cash." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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8 renewable energy ideas for your home (more eco nonsense...) 11:44

32 weeks پیش11:44

11:44

Rob looks at eight renewable energy ideas for homes, while critically examining the practicality of each suggestion. Drawing from an article by The Eco Expert, he highlights the disconnect between eco-friendly initiatives and the realities faced by homeowners, particularly in urban settings. KEY TAKEAWAYS Many renewable energy ideas, such as solar panels and heat pumps, may not be practical for the majority of homeowners, especially those living in urban or terraced houses without suitable roof space or insulation. The installation costs of renewable energy systems can be significant, and not everyone has the financial means readily available to invest in these technologies. Technologies like domestic wind turbines and biomass heating systems may only be feasible in rural areas or for those with specific property types, making them unsuitable for most urban residents. There is a concern that eco companies may promote renewable energy solutions that are not universally applicable, potentially driven by government subsidies rather than genuine practicality for the average homeowner. BEST MOMENTS "The information that they're pushing out, and then the reality of this, or the reality of the implementation, are two different things." "If you don't have the right roof or pointing in the right direction, it can be quite difficult and not everyone is going to have X amount of pounds just sat in the bank." "If your other insulation measures aren't up to scratch, i.e. you live in an old home, it's got solid walls, there's no insulation on them, then you are very likely not going to benefit from having a heat pump." "You try installing a domestic wind turbine in a set of mid-terrace properties. I imagine that is not going to help at all." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/eight-renewable-energy-ideas-for-your-home/ar-BB1oOBuE?ocid=winp2fptaskbar&cvid=c51c6a96d97340d8fdaa5151ee86eaec&ei=11 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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6 supposedly "simple" ways to cut energy bills 11:20

32 weeks پیش11:20

11:20

Rob explores six supposedly simple ways to cut energy bills, drawing insights from a Daily Express article. He offers practical tips for homeowners and landlords alike, such as heating only the rooms in use, using tin foil on radiators to enhance efficiency, and improving insulation through draft proofing. KEY TAKEAWAYS Focus on heating only the rooms that are actively being used. Adjusting the thermostat down by one degree can also contribute to energy savings. Placing tin foil behind radiators can help reflect heat back into the room, improving radiator efficiency and making it a simple and effective solution. Enhancing insulation through draft proofing windows and doors, as well as considering loft insulation, can significantly reduce heat loss and energy bills. Regularly turning off appliances at the wall instead of leaving them on standby can help lower energy consumption, although the impact may be minimal compared to rising energy prices. While using eco-settings on appliances may seem beneficial, they may not always yield the best results. Additionally, switching to renewable energy sources like solar may not be financially viable or practical for everyone, despite being presented as a simple solution. BEST MOMENTS "If your tenants then don't know how to potentially save a bit of cash on the bills, that might put them in a situation where, you know, do they either pay the heating or pay the rent?" "I don't like the suggestion. I don't think this works for everyone because there are some times where a 30 degree wash just doesn't cut it." "Turning off standby is a very simple thing to do to turn off standby. Highly recommend you do it." "Switching to renewables can be done, but it's not necessarily for everyone. It might not be financially viable." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/six-simple-ways-to-cut-down-your-heating-bill-in-october-by-an-energy-expert/ar-AA1ruNFt?ocid=winp2fptaskbar&cvid=09c076f20c204264e472f87800a78a95&ei=9 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
7 Top Tips for Property Empire Growth 12:11

33 weeks پیش12:11

12:11

Rob shares seven essential tips for growing a property empire, drawing from nearly nine years of experience in the property sector. He emphasises the importance of integrity in business dealings, networking with knowledgeable individuals, and connecting on shared interests beyond property. KEY TAKEAWAYS It's essential to follow through on commitments to build trust and rapport with vendors, estate agents, and partners in the property sector. Surrounding yourself with knowledgeable individuals can enhance your learning and growth in the property industry. Aim to be the least experienced person in the room to maximise your learning opportunities. Engaging in conversations beyond property can foster deeper connections and create a more enjoyable networking experience, potentially leading to future business opportunities. Understanding your motivations for building a property portfolio is crucial. This clarity can reignite your passion and drive, especially during challenging times. Consistency in networking, property viewings, and maintaining relationships is key to building rapport and increasing your chances of success in the property market. Celebrate your wins and learn from setbacks to maintain emotional consistency. BEST MOMENTS "If you say you're going to do something, then go and do it. Because that can help to build rapport quite quickly." "Always try and be the dumbest in the room. If you go into a networking event and you have the least experience, chances are you're going to learn the most." "If you're always putting yourself in a position of wanting to add value and help others, then the law of reciprocity means that will come back and favour you at some point." "If you don't know why you're doing something, then you shouldn't be doing it." "Be consistent with what you're doing. There are very good days in property. There are some very bad days in property." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Rates WILL fall again + how to benefit from this 6:25

33 weeks پیش6:25

6:25

Rob discusses the potential for the Bank of England to lower interest rates in the upcoming meetings on November 7th and December 19th. Reflecting on previous predictions, he acknowledges the conflict between economic theory and property market realities, emphasising that while interest rates should ideally rise to combat inflation, a decrease could present opportunities for property investors. KEY TAKEAWAYS There is a belief that the Bank of England will lower interest rates in the upcoming meetings on November 7 and December 19, despite the ongoing battle with inflation. A decrease in interest rates is expected to lead to lower mortgage rates, presenting an opportunity for individuals to lock in long-term fixed deals. Lowering interest rates could exacerbate inflation, potentially leading to a cycle where inflation spikes again, prompting the Bank to raise rates in the future. Factors such as government spending and global conflicts can contribute to inflation, affecting prices across various sectors, including oil, which has a broad impact on the economy. It is recommended for property investors to consult with mortgage brokers to understand the implications of changing interest rates and to strategise for their portfolios accordingly. BEST MOMENTS "The Bank of England base rate is currently at 5%, but they have two meetings left this year... I believe they will lower rates again." "Should those rates go lower, then the knock-on effect is that mortgage rates will likely come down." "What creates inflation? Well, a lot of government spending on incorrect things creates inflation." "Should interest rates go down... to me, that's a wrong move. That's not a good move economically." "Doing the right moves at the right time will have very good implications for your portfolio moving forward." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
Labours proposed rental reforms are dangerous for ALL involved 9:23

34 weeks پیش9:23

9:23

Rob discusses the Labour Party's proposed housing reforms, which include a ban on landlords raising rent more than once a year and restrictions on rental bidding wars. He critiques these measures, arguing that they reflect a misunderstanding of market forces and historical lessons regarding price controls. The episode also highlights concerns about the treatment of private landlords compared to social housing landlords, questioning the fairness of the proposed regulations. KEY TAKEAWAYS Labour is looking to implement reforms that would limit landlords to raising rent only once a year and tie any increases to a market rate, which raises concerns about the effectiveness of such price controls. The proposed ban on rental bidding wars and restrictions on landlords accepting housing benefit claimants could suppress the free market, potentially leading to negative consequences for both landlords and renters. There is a perceived disparity in how private landlords and social housing landlords are treated under the proposed regulations, with concerns that social housing issues are being overlooked while private landlords face stricter scrutiny. Abolishing no-fault evictions could create significant delays in the eviction process, leaving landlords vulnerable to financial losses if tenants stop paying rent, as the current court system already has long wait times. There is a strong argument for equal treatment of all landlords, regardless of whether they are private or social, emphasising that both good and bad landlords should be held to the same standards to ensure fairness in the housing market. BEST MOMENTS "Labour are looking to ban landlords from raising rent more than once a year. This is a part of a set of housing reforms that Labour are looking to push through." "If price controls don't work then rental controls are not going to work either. Yet it seems though that the people in charge do not like to look at history." "You're trying to suppress the market. It does not work. What we've got to do is go through years and years of history to show it will not work." "Finding is it seems to be it's one rule for private landlord and one rule for social housing landlord, and that is unacceptable as far as I'm concerned." "Bad landlords should be punished. Absolutely. But bad landlords, whether they're private or social, should be treated the same." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/labour-to-ban-landlords-from-raising-rents-more-than-once-a-year/ar-AA1qmE42?ocid=winp2fptaskbarhover&cvid=661c30f07e314bcc9fa6f0266e08c17a&ei=12 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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Tourism v Local Residents + Economy. Nobody will win... 11:31

35 weeks پیش11:31

11:31

Rob revisits the impact of council tax hikes on second homes in Wales, particularly focusing on Pembrokeshire. He looks at the significant increase in second homes on the market, which has risen from 38 in July 2023 to 135 in July 2024, largely attributed to a drastic 300% council tax increase for second homeowners. The conversation highlights the ongoing tensions between local residents, tourists, and second home owners, emphasising the complexities of finding a one-size-fits-all solution. KEY TAKEAWAYS In Pembrokeshire, council tax for second homes has increased dramatically, with some homeowners facing a 300% rise. This has led to a significant increase in the number of second homes on the market, indicating that many owners are selling due to the financial burden. Local people often complain about high property prices and a lack of available homes, while businesses rely on tourism for revenue, creating a challenging dynamic. The policies aimed at making housing more affordable, such as increased council tax for second homes, may have unintended negative consequences. Instead of helping local residents, these measures could harm local businesses and the economy by driving away tourism. With only 20 to 30 houses built in the Newport area over the last 30 years, there is a clear need for more construction to meet demand and stabilise prices. BEST MOMENTS "Pembrokeshire has done is they've been a bit too draconian here and they have trebled their council tax bill." "If you want prices to come down, you probably have to flood the market with properties. That really means building a lot more." "If the local people aren't able to afford these homes, then you're going to have a lot of property that's going to be sat empty." "Raising council tax rates isn't going to do the job because the very people you're trying to protect and help... they're going to get screwed over more than likely." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

1
New build madness + 1 reason why NOT to buy new builds 10:40

35 weeks پیش10:40

10:40

Rob looks into the contentious topic of new build properties, sparked by a troubling article about a housing estate in Cambridge developed by Bellway. He discusses the various issues faced by homeowners, including significant construction flaws and poor customer service, which raise questions about the overall quality and value of new builds. KEY TAKEAWAYS New build properties often come with significant issues, such as poor workmanship and unresolved snags, which can lead to a negative experience for homeowners and investors alike. For investors, new builds are generally not worth the investment unless purchased at a substantial discount below market value. The potential for profit diminishes when buying at standard prices. There is a growing concern that the quality of construction in new builds is declining, with reports of serious issues like leaking bathrooms, improperly installed fixtures, and unsafe structures. Many homeowners have reported difficulties in getting timely responses and resolutions from builders like Bellway, leading to frustration and a sense of neglect regarding their concerns. BEST MOMENTS "As an investor, buying new built, when it's built, unless it's ridiculously below market value, I would urge not to do it." "You don't expect three major leaks in your bathroom, a downstairs radiator to be plumbed into the upstairs and vice versa." "It seems that a lot of house builders... are taking less and less responsibility, and that's unacceptable." "These levels of issues are becoming more prevalent. They are becoming almost like the norm, and that is unacceptable." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/c3ej5v1ney1o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

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