TPP473: April Market Update

TPP473: April Market Update

By Rob Bence and Rob Dix from The Property Hub

Portfolio Info 

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It’s the April Market Update 

It’s our favourite time of the month! 

Rob & Rob are bringing you the April Market Update and wow what a busy month it’s been! With the Spring Statement, interest rate rises, huge inflation levels and much more - the guys have got their work cut-out... 

They’ll even be revealing the one piece of HUGE news that no-one is talking about, which is bonkers because it has the potential to completely change the UK property market! 

You can find all the links you need and get stuck in below: 

Policy 

Spring Statement: Key points at a glance  Consultation on proposal to withdraw Financial Policy Committee’s mortgage affordability test published 

Interest Rate 

Interest rates rise again to counter higher prices  Property industry reacts to latest Bank of England interest rate hike 

Market 

UK House Price Index - Zoopla  Proportion of new homes sold off-plan rises: Hamptons 

Rental Market 

London exodus reverses as rental demand climbs in Q1  Massive London rent rise takes UK average growth over 10%  Private rents rise at fastest annual rate in more than five years  More properties are being bought by landlords, so why aren’t there more rentals? 

Cladding Crisis 

Housebuilders and Gove close to deal on cladding repairs  MPs admit it’s unfair for landlords to pay for cladding removal 

Landlords / Register 

Plans revealed to speed up possessions for landlords – FOUR years after consultation  Vast majority of tenants satisfied with renting 

Hub Extra  

We’ve got a complete game changer for you this week... 

As we know time is a precious resource and the more time you can spend learning and working on your portfolio the better. 

And Rob & Rob have been saving some more previous time, by investing in a robot hoover! 

There’s no need to worry about messy floors, just let the hoover work it’s magic in the background! You save time and get a clean house – winner, winner. 

Let’s get social  

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. 

Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum

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