Episode 250! Can you believe it? So much has happened in 2017 and this week we take a look back at the year that was and discuss what’s on the horizon for 2018.
Interest rates, mortgage interest rate relief, PRA, lending rules - What’s happened in the past 12 months, how have things played out and how it’ll all affect your property journey in the coming year.
We also unveil some of our super exciting plans for 2018!
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Foolish we know, but we’re doing it again. Predictions for 2018. We start by looking back at last year to see how we did, then we’ll set our sights 12 months into the future.
Will there be growth?
Will interest rates increase?
Will we ever correct predict the London market?
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Raindrops on roses
And podcasts on business.
E-books about bitcoin.
And Rob D’s bluetooth speaker…
These are a few of our favourite things…
What a year! So many great podcasts, books, apps and tech. This is what we enjoyed in 2017.
Podcasts
Noah Kagan Presents
(We actually had Noah on The Property Podcast a while back. You can find that episode here)
Masters of Scale with Reid Hoffman
Books
Principles – Ray Dalio
Art of not giving a fuck – Mark Manson
The Snowball: Warren Buffett – Alice Schroeder
And documentary becoming Warren Buffett (Use audio from documentary rather than the book on this one)
American Kingpin – Nick Bilton
Digital Gold – Nathaniel Popper
Apps/tech
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Investment in an area makes it a good candidate to buy property to benefit from increasing population, new employers, better leisure facilities, transport etc. But what counts as a regeneration project big enough to make a difference?
Does your investment area have any major regeneration projects happening? We take a look across the country so you know what’s happening and where.
NEWS THIS WEEK
4000 Landlords Letting Illegally. It’s a bold headline about a Welsh Government scheme, but what can we find out after a little digging? Read the article for yourself right here
RESOURCE OF THE WEEK
“It’s basically free money” - Now that’s a resource of the week! That’s direct from Honey’s website - a handy chrome extension that helps you find coupons to save money when shopping online. Give it a try at joinhoney.com
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It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Santa Claus pays the Rob's a visit and...
...asks Rob & Rob... some interesting questions!
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
A recent episode of Dispatches called “Is Britain Full?” looked at the divide between the North and South of England. We’ve broken down and dissected the episode to help inform you about the regions to enable to you really look at what’s going on with regard to population, development, infrastructure and what it means for you as in investor.
You can watch the full Dispatches episode right here.
NEWS THIS WEEK
The Budget dominated the news this week. We’ve gone through it to find out how it affects Housing, Landlords and you.
RESOURCE OF THE WEEK
To make sure you’re completely covered and prepared for the changes in the Budget, our resource of the week is this great Budget calculator from the BBC.
See if you’re going to be better off right here
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It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Steve...
...asks Rob & Rob... How should I plan to get the most out of 2018?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
A lot has changed between episode 1 and now. Mortgages rules, tax laws, areas to invest - the list goes on. With all that, we’ve changed our minds about a few things too. This week we’re taking a look back at some of the things we’ve said in the past and exploring what’s different – and how to continue to being a successful property investor.
RESOURCE OF THE WEEK
Faster than typing. No that’s not a typo. It’s a tool called Loom that makes it easier to send video messages to members of your team rather than type them out.
Go to useloom.com to get it for free and start recording!
NEWS THIS WEEK
“Household Finance Under Strain As Nationwide Warns Of Tough Times Ahead” as Nationwide - the country’s biggest lender moves into the limited company market, the Guardian gives us a headline to be wary of.
But does it reveal the full story?
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It’s time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Karmjit…
…ask Rob & Rob… Questions on the snagging process; pets; and flooring.
ASK YOUR OWN QUESTION TO ROB & ROB!
Don’t be shy! All you need to do is leave a message with your name and whatever’s on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we’ll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don’t hang around – there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
This week we’re very lucky to be joined by mortgage broker Dave Cookson to talk us through all the changes going on in the mortgage market at the moment. And there are a lot of them!
We talk about:
It’s been one heck of a year for the mortgage market, so now is the perfect time to take stock. This is a must-listen as you start planning your strategy for next year!
Surely it can’t be…yes, it’s another interactive map!
This tool from the BBC tells you how much of your local area is built on. We were shocked to learn that across the UK as a whole, only 6% of land is built on and more than half is farmland.
Well worth a look!
The Mortgage Works has entered the Limited Company buy-to-let market – which is likely to have a huge effect on the market, and lead to other lenders getting involved too.
We talk about this in more detail on the show with our guest, Dave Cookson. We also couldn’t help pointing out that we predicted this nearly a year ago in our 2017 predictions episode!
What’s your experience of getting a limited company mortgage been like?
Have you been affected by the new affordability rules?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
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It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Matt from Birmingham and Matt from London…
...ask Rob & Rob... What types of finance can I get as a first-time developer? PLUS: What's the tax implication of repayment mortgages?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
This week we take a deep dive into the research you should be doing when buying in a new development. Particularly when you're looking at off-plan opportunities, the promises of developers can look great – but there are dangers too, and plenty of unwary investors have ended up with a problem property...or no property at all!
To make sure you're protected, Rob B runs us through the checks he makes at RMP Property when assessing a deal. There's a lot to it, so have your notepad at the ready...
Would it surprise you to hear that in 58% of the country, house prices are lower now than they were in 2007 by the time you've taken inflation into account?
Well, it's true – and with this interactive map from the BBC you can see exactly where prices are higher in real terms than they were a decade ago, and where they're lower.
Thank you to Paul for sending this our way!
The Bank of England base rate has risen...all the way back up to the dizzy heights of the previous historic low it was at until 18 months ago. This BBC story covers how it will affect different groups.
Have you had any bad experiences when buying in a new development?
Is there anything you'd add to our checklist?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Matt & another listener…
...ask Rob & Rob... How do I know there's tenant demand in my target area? PLUS: How should I invest £50k?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
Doesn’t time fly? It’s been 10 years since the credit crunch got underway – and looking back at the decade since, there are some valuable lessons to take into the next cycle.
We talk about:
If you’re a fan of power naps, check out Pzizz. It’s a free app that uses "binaural beats" to get you to drop off straight away, then wake up feeling refreshed.
Try it at home next time you need a mid-day boost…or try it in the office if you’re not that attached to your job.
It’s another government crackdown! This time, the government is looking into the house buying process – as the BBC reports.
Credit to them for noticing – but they’ve announced so many different reviews recently, don’t hold your breath for something to be done about it…
We don’t do "hoarding" here at The Property Hub. Even though we run a letting agency, we’ve put together a course telling you how you can let and manage a property yourself.
It’s completely free, and you can watch it at thepropertyhub.net/courses.
What lessons have you taken from the last crash?
What do you know now that you wish you’d known back then?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Sam Jones & Stephen from Edinburgh…
...ask Rob & Rob... How do you pick the best off-plan plot? PLUS: What do you think about "life tenancies"?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
Do you know your GDV from your LTV, your Section 21 from your Section 8 and your ROI from your SVR?
If not, never fear: this week we’re busting some property investing jargon!
There are all kinds of acronyms and specialist pieces of terminology that get thrown around in property investing circles – and if you’re new to it, it can be intimidating to ask what on earth everyone is talking about. This week (a mere 240 episodes too late) we’re bringing you up to speed.
(And if you consider yourself an expert, we bet there are still one or two you won’t be sure about!)
Along the way we reference the following episodes and resources:
It’s another interactive map! The BBC has put together a handy resource showing where in the country you can afford to rent or buy.
Potentially useful, but at the very least an excellent bit of procrastination.
Barely a week seems to go by at the moment without the government announcing that they’re going to crack down on something – and this week the Guardian reports that ministers have service charges in their sights.
They want to put a stop to “rip-off” fees, and they’re holding a consultation. If you want to put your views forward, the call for evidence is here.
We’re going to be advertising for a lot of new roles in the coming months – and to start with, we’ve got a couple of exciting openings at Yellow Lettings up for grabs.
If you’re looking for your first role in property with the opportunity to progress, this could be perfect. Find out more at http://thepropertyhub.net/jobs.
Are there any abbreviations or specialist terms that got you saying “WTF” because we missed it out?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
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It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Anthony & Jez from London…
...ask Rob & Rob... How do I overcome my lack of credit history? PLUS: Should I extend or refinance?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
Pack your umbrella, this week we're taking you on a tour of "The North".
You won't find either "The North" or the "Northern Powerhouse" on a map, because it's actually a collection of different regions – all with their own investment case, and things to look out for. We introduce you to and compare:
And importantly, if you've had your head turned by somewhere far from home, we wrap it all up with some tips for staying safe while making that investment happen.
RMP Property has put together a free guide to the Northern Powerhouse from an investor's perspective, going into more detail on all the areas we talked about this week. You can grab your copy here.
"Are longer mortgages the answer to high property prices?", asks the BBC.
"No, they're a cause of high property prices", we reply – and it has interesting implications from an investor's point of view.
Do you invest anywhere in the North, or got an area you're researching?
Any tips for making a remote investment work?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Sam from London and Matt from Birmingham…
...ask Rob & Rob... How do I sell a property to my own company? PLUS: Any tips for renovations?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
This week we're talking about how to conduct a viewing. Whether you're showing your property to rent or sell, there are a few simple techniques you can use to radically boost your chances of sealing the deal once you get people through the door.
(A good companion to this episode is Episode 231 on how to find tenants, so you can get those viewings set up first.)
We also look over the Labour and Conservative housing policies that have emerged from the party conferences in recent weeks. What are the politicians planning to throw at landlords next? Take a listen and we'll reveal all!
Huawei mobile wifi is a lifesaver as a backup for if your internet connection goes down – or you can use it to get wifi access on the move.
Just pop a SIM card into this tiny device, and it'll broadcast a 4G signal to all your devices...so no excuse for missing the podcast, wherever you are and whatever's going on!
Have you picked up any tricks from doing your own viewings?
Or do you have an opinion on the housing policies we discussed?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Giles from York and Mandeep from Leicester…
...ask Rob & Rob... Will limited company mortgages really get cheaper? PLUS: How do you price up a lease extension?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
Buying land and developing isn't something that will be in most people's plans, and it's certainly not for beginners. But most people are attracted by the idea of bigger projects – so whether it's something you're looking at now or aspire to do in the future, this jam-packed episode is a must-listen.
It's a process that Rob B has been through recently, so while it's still fresh in his mind we talk about:
Rob B gave a ringing endorsement of Ray Dalio's new book, Principles – calling it his favourite book of the year, and he's only halfway through!
Ray's a billionaire and has a lifetime of phenomenal achievements, but his crowning achievement is the honour of appearing in "Resource of the Week" twice: we previously recommended his short video, How The Economic Machine Works.
The Telegraph reports that Stamp Duty revenue is up dramatically since its changes a couple of years ago – but transactions have fallen too.
A cooler housing market was part of the purpose for the changes, but it's not healthy if that involves fewer transactions too. Will further changes be made? We'll see...
Our recent discovery webinar – where you can find out more about our businesses, RMP Property and Yellow Lettings – was extremely popular, with hundreds of people registering. So we're doing it again!
The next one is on Wednesday 25 October at 6pm, and you can book your free place at thepropertyhub.net/discover.
Join us to find more about how our businesses can potentially help you move forward in property, and put us on the spot with a bit of live Q&A.
Have you ever bought and developed land?
Or is it something that forms part of your plans?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Shane &
Barry from Shropshire…
...ask Rob & Rob... How do you price up a refurb? PLUS: Can I raise the market rent?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.
This week we're exploring that critical preliminary step to buying any property: making an offer!
Working out how much to offer is essential, but presenting your offer correctly makes a massive difference too. We explore:
It's another interactive map! This one shows how affordability has changed across the UK since 2007.
You can see the stats for any area you're interested in, but playing with the slider and looking at how the picture changes across the country over time is instructive too.
The volume of property transactions is falling for the first time since 2009, as reported by City AM.
It seems to be driven by a general lack of supply, but a reduction in buy-to-let activity can't be helping. Could we see a tweak to Stamp Duty soon to get the market moving again?
We're a week away from the first Thursday of October – and as always, the first Thursday of the month means meetups!
They're all across the UK and beyond, they're free and they're great fun, so why wouldn't you go along? Book your free place here.
How do you approach the process of making an offer?
Have you got any top tips that we didn't cover?
We’d love to know, so join the discussion in The Property Hub!
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you’d like to hear your name on the show, leave us a review on iTunes here.
Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.
It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, a listener & Tom from Cambridge…
...asks Rob & Rob... What drives house prices? PLUS: When's the right time to start looking for investments?
ASK YOUR OWN QUESTION TO ROB & ROB!
Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.
Just pick up the phone and call 013 808 00035 (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.
Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.
Just don't hang around - there are only four Summits each year, and just 8 places available at each!
Interested? Click here to find out more.