Stuart and Simon chat about their thinking as they approach a changing property market outlook, and how they could approach it better.
Recorded on Tuesday 7th July - before the Summer Statement!
The discussion this week included:
* Stuart's words (https://www.thebusinessofproperty.com/31) linger in Simon's thoughts!
* Cash reserves make for a stronger position to offer from.
* Possible implications of a stamp duty "holiday".
* Simon is wrong about the stamp duty reduction applying to investors (https://blog.patma.co.uk/2020/07/updated-sdlt-calculation-spreadsheet-for-stamp-duty-holiday/)!
* Should you try to "time the market".
* Property paperwork can take a long time.
* "When you're inside the bottle, it's hard to read the label."
* Anecdotal property market stats from PaTMa's price history extension (https://app.patma.co.uk/prospector/property-profit-and-yield-calculator/).
* When will people start talking about the recession.
* Should predicted price drops stop you from buying.
* Choosing mortgage products to fit market forecasts.
* "So what if it drops 20%!"
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