Sept. 14, 2023
TPP548: September Market Update
Apple Podcasts 
Spotify 
Youtube Music There’s a lot of media attention around the property market right now, and it’s hard to really understand what’s happening. So, tune in as Rob & Rob dive into the data behind the headlines and give you an insight to what’s going on.
- (1:28) House prices
- (5:30) Regional affordability
- (8:58) Interest rates
- (11:25) Mortgages
- (13:14) Rents
- (14:28) Landlords selling
- (15:51) Rental control
- (21:02) Hub Extra
Links mentioned
Resources
- 3 strategies to bag yourself a deal in a difficult market
- The silent property crash
- Property Pulse
- Alex Hormozi
House Prices
- Nationwide House Price Index
- Halifax House Price Index
- Rightmove House Price Index
- Experts predict 7% house price falls but call it ‘a correction, not a crash’
Affordability
Macro
- Investors scale back bets on Bank of England hiking interest rates
- Mountain view: Bank top economist offers two routes to beating inflation
Mortgages
- What are the current UK mortgage rates?
- HSBC and NatWest cut mortgage rates again as rivals tipped to follow
- Nationwide and Santander slash mortgage rates – ‘other lenders may follow’
- HSBC offers 40-year mortgage term to cut monthly bills - but it will cost more overall
- Bank of Mum and Dad will contribute to 47% of house purchases this year
Rents
- Rents jump 10% to top a record £1,240 in July: Homelet
- London’s Rental Squeeze Is Getting Even Tighter
Tenants Struggling
- PropertyMark Housing Insight Report
- Third of working tenants in England ‘lack savings to pay rent if they lose job’
- No-fault eviction proceedings hit highest level for six years in England
Landlords Selling
- Britain’s Landlord Selloff May Be Much Bigger Than First Thought
- Landlords selling up have left it too late for maximum gains
Politics
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