The Property Podcast

TPP517: February Market Update

Rob &amp; Rob are back with their Market Update for February. 

(1.05) Coming up in The Property Hub Magazine 
(2.35) The British Banking Awards 
(3.00) What’s happening with property prices? 
(10.14) Base rates – where are they? 
(11.42) Mortgage market update 
(13.32) Top stories in the rental market 
(15.40) Good news for Scotland 
(16.45) Surprising political ally 
(17.50) Hub Extra 

Links mentioned: 

Subscribe to <a href="http://www.propertyhub.net/magazine/">Property Hub Magazine</a> 
Vote for Portfolio in the <a href="https://smartmoneypeople.com/british-bank-awards/review/?brand=portfolio-reviews&amp;product=investment-app#step3">British Banking Awards</a> 
Property prices fall for the first time <a href="https://www.ft.com/content/34aa467e-b932-45ba-809a-5353c3d69d00">in five years</a> 
Average <a href="https://www.rightmove.co.uk/news/content/uploads/2023/01/Rightmove-HPI-16th-January-2023-FINAL.pdf">asking price rose</a> in January 
Demand has improved to <a href="https://www.hometrack.com/wp-content/uploads/2023/01/UK-House-Price-Dec22-final-HT.pdf">pre-pandemic years</a> 
<a href="https://www.bbc.co.uk/news/business-57764601">Base rate increased</a> to 4% 
Mortgage rates <a href="https://www.thisismoney.co.uk/money/mortgageshome/article-11670177/Mortgage-rates-falling-Santander-Barclays-latest-lenders-reduce-prices.html">continue to fall</a> 
Average rents rise to <a href="https://www.rightmove.co.uk/news/content/uploads/2023/01/Rental-Trends-Tracker-Q4-2022-FINAL.pdf">£1,172 per month</a> outside London 
Scottish rents can now rise – <a href="https://www.scottishhousingnews.com/articles/private-rent-increase-cap-of-3-proposed-from-april">but only by 3%</a> 
English properties <a href="https://archive.md/qiuC9">snapped up</a> by Scottish landlords 
MP defends <a href="https://www.politicshome.com/thehouse/article/building-more-homes-is-vital-to-stop-rising-rental-costs-pushing-people-out-of-the-cities-where-they-work">private landlords</a> 
<a href="http://www.athlyticapp.com/">Athlytic</a> app 

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The Property Podcast from Property Hub (propertyhub.net) is the podcast for all property investors – new or experienced. Rob Bence and Rob Dix discuss a different property topic and property news item each week, passing on their knowledge and experience to the listeners. They both invest in UK Property so they practise what they preach. No hard sell, no bull just straight talking property investment advice!