Net migration is down 48%, house prices are slipping, and construction has hit its lowest point since lockdown. Rob & Rob unpack the biggest property stories of the month - one where the mood and the opportunity couldn’t be further apart.
(00:40) Why the rental market will feel the migration crash before house prices do
(04:15) Interest rates are held, but the reason behind it isn’t exactly cheerful
(05:11) House prices are finally catching up with sentiment, with the north-south gap getting starker
(11:06) Mortgage rates are coming back down and lenders are cutting aggressively
(13:05) Why the Government’s housing target is a fantasy
(16:30) Rent growth’s cooling, so why are professional landlords planning to expand?
(19:44) Hub Extra
Links mentioned:
ONS Net migration statistics
Bank of England interest rates may not need to be increased
Yubikey security key
House prices:
Nationwide’s House Price Index
Halifax’s House Price Index
Zoopla’s House Price Index
Savills downgrades house fall
Mortgages:
Mainstream lenders extend cuts
Planning and supply:
Planning applications hit record low
All three categories of construction work fall sharply
Rents:
ONS private rent and house prices
Only 1% of professional landlords plan to leave the market
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