The property Den with Ken and Glen, Episode 21
It’s incredible we have hit our 21st recording of the Podcast
and we are eternally grateful to all you wonderful listeners.
We do have a few technical hitches and there is a slight delay in our
banter due to a time lag but we hope you still enjoy the content.
What do we have to tickle your ears today?
First we start with a shout out to Mortgage 1st for hosting
the M1 Fest where we met some industry legends and mingled with the great and good, people like Jon and Lisa Stones and Paul Lewis and other like minded Brokers and Industry Guru’s, Matt Poole, Leigh Rowland, Jordan Ryan, Michael O’Brien, Jack Whiting plus many many more.
A few drinks and some bad dance moves made for some very interesting
pictures and a great event – thanks to all involved.
Back to the market - We review the fact that there has been a reduction
in Inflation – what does this mean for rates?
Also, we discuss the statement that we read in an article that calls for
us to “Stop dwelling on the past and deal with the mortgage market we have today” What does this look like in the real world?
Coventry said the current tax regime offers one-time support for first-time buyers but does little to help other types of borrowers – such as downsizers – and could therefore be a deterrent to moving.
People who have recently separated could be struggling to buy a place on their own, empty nesters could be hit with a large tax bill for downsizing, and even first-time buyers could miss out on their relief if they are buying jointly with a non-first time buyer.”
And then as always we get active answering the questions.
I’ve been told by my family not to buy as the market is going to crash? Should I listen to them?
I’ve heard mortgage rates are coming back down. Will this push house prices back up?
I’m buying my first buy to let property in Liverpool. Should I get in managed as I live 5 hours away or do it myself?
Looking at buying an investment I've heard the HMO’s are a better option to standard BTL is this true?
And that’s a wrap guys, we are taking a week break from recording
so enjoy our back catalogue of Episodes.
Until we return its Goodbye from Ken and Goodbye from Glen.
Goodbye!!
An
interesting article from the Coventry caught our eyes with them calling on the Government
to reform stamp duty and for it not to be a one shoe fits all kind of tax but
to address different situations in different ways.
