TPP578: April Market Update

TPP578: April Market Update

By Rob Bence and Rob Dix from The Property Hub

With inflation dropping to its lowest point in 2.5 years and talk of interest rate cuts, what does this mean for the property market? Tune in as Rob & Rob bring you up to speed on the month’s biggest news stories – including yet more shocking political developments... 

(0:44) The unexpected surprise for our economy  (2:05) Are interest rate cuts on the way?  (3:25) What’s the latest on the housing market?  (6:50) How’s the rental market looking?  (9:35) Let’s talk politics – rental reform bill…  (10:26) “Do as the rich do, not what they say”  (12:55) Hub Extra 

Links mentioned: 

Economy: 

UK inflation falls to 3.4% in February 

Interest Rates: 

Rate cuts are ‘on the way’: BoE’s Bailey  The Mortgage Works cuts BTL rates 

Housing Market: 

Annual house price growth edges up in March  Rightmove house price index  Share of first-time buyer sales hits record high 

Rental Market: 

Landlords could be banned from raising rent under radical SNP crackdown  Generation Rent claims rent control proposal still not tough enough  Zoopla UK Rental Market Report – March 2024  February data points to normalising lettings market: Foxtons 

Rental Reform Bill: 

Gove bringing Renters Reform Bill back to Commons in mid-April  Angry tenant groups slam Renters Reform Bill changes 

Misc: 

YouTube: If You Want To Buy A House, Buy NOW  Wealthy investors plan to raise UK property holdings: Investec  Lime App 

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