TPP490: August Market Update
Your August Market Update is here!
It's been a busy month, so Rob & Rob have plenty of headlines to get through in the latest market update.
From fast-growing cities and the removal of mortgage stress tests, to people getting the wrong investment advice from TikTok, The Robs are breaking down the biggest news of the month for you right now.
Stay on top of the industry’s breaking news by tuning in now. And all the extra links you’ll need are below.
Property prices
House prices growing at fastest rate since 2004
Viewings have fallen by a third
The rental market
Rents have increased by 3% in the last year
Rents are growing fastest in Manchester
More tenants are renewing in London
Mortgages
Political pressures
A leading charity wants the rental sector to shrink
Labour’s “war” against holiday lets
All holiday lets to be licensed in Wales
Odds and ends
A third of all transactions fall through, and the ones that succeed take over 5 months
The national “rogue landlord” database is looking sparse
And finally...
Not all property advice given on TikTok is accurate
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