TPP438: August Market Update

It’s the August Market Update 

The property market is incredibly hot right now. In the UK it’s crazy, but on this month’s market update, The Robs are revealing some numbers from the US that will blow your mind! 

This time of year is usually a quieter one, but that certainly doesn’t seem to be the case in 2021.  

Here are all the links you need to get stuck into today’s episode. 

Prices: 

UK House Price Index – June 2021  Super-rich buyers coming back to prime – Savills   US cannot afford housing market ‘boom and bust’, warns Fed official   Pandemic fuels broadest global house price boom in two decades 

Mortgages: 

TMW returns to 80% LTV but only on energy efficient homes  Thousands of landlords released from ‘cladding hell’ after EWS1 forms scrapped  The minimum energy performance of buildings bill 

Other: 

Government reveals where all the landlords live in the UK  The pandemic property boom is pricing locals out of the British countryside 

And finally: 

House prices set to continue rising as supply shrinks 

 

Hub Extra 

This week’s Hub Extra resource is a tool called Propcast which refers to itself as a house selling weather forecast.  

It gives you a weather map of the UK showing you which areas are the hottest, meaning it should be quicker and easier to sell your home.  

Right now, it seems that everywhere in the UK might require your factor 50 sun cream. 

 

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