TPP525: April Market Update

TPP525: April Market Update

By Rob Bence and Rob Dix from The Property Hub

It’s Market Update week – this is your chance to catch up on all the essential news from the property market.  And if you missed the news on last week’s episode – we're crowdfunding! If you’ve not yet pre-registered for that, head over to this page, have a nosey at the details and pop your details down to pre-register.   In today’s Market Update episode, you can expect:  3:30 – Bank of England - no recession (hurrah!)   6:18 – Bank failures: is it a sign? Is a crash coming? What’s the data saying?  9:50 – Mortgage payments: where are they most stretched?   11:40 – Rental yields: what’s happening?   16:37 – Mortgage approvals and consumer confidence  19:05 – The Rental Reform Bill – an update Links mentioned:  Interest rate rise: Bank of England more hopeful on UK economy  Nationwide shows 0.8% decline in last month  Zoopla shows rents up 20% in 3 years, and no immediate sign of slowdown  50% of rented properties have had a rent increase in the last year, compared to 36% the previous year. Highest in London (66%)  The number of mortgage approvals increased last month for the first time since August  The Rental Reform Bill will finally start its journey through parliament in a couple of months  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  See omnystudio.com/listener for privacy information.
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