Very tough market. Generally less than half of properties on the market are actually selling. In some areas as much a 90% of properties on the market are not selling. So naturally the portion of properties that do sell tend to be those that are dropping their prices to make sure their the most competitve properties available.
Agreed. I think at the moment much of the market has slowed a little due to the concerns of the upcoming budget. But in reality, the underlying property market is still pretty strong and interest rates are edging downwards.
I had over 35 applications for a 3/bed house , landlords are selling up and I’m seeing it everyday, there is a massive shortage of houses for families to live in, and it’s only going to get worse, the new rules are the problem, there is going to be thousands of homeless people very soon,
I completely agree. If the government increased production of new homes, solved that. Then moved onto making life harder the the supply of rental properties. Then that may have worked. But to smash landlords, that smash the supply of buy-to-let properties. In the middle of a housing crisis. Is just madness.
The purpose of the channel is to share my experience, build a community and of course if viewers trust me enough, I'd love you/them to use my services. Is that a bad thing?
Bang on time ......this is expected if you are aware of the 18 year property cycle
100%, I have a video on the channel that runs throiugh the 18 year cycle title Massive Crash in 2026.
Looking on Rightmove every property is being reduced and little is selling?.
Very tough market. Generally less than half of properties on the market are actually selling. In some areas as much a 90% of properties on the market are not selling.
So naturally the portion of properties that do sell tend to be those that are dropping their prices to make sure their the most competitve properties available.
Only 8 rental applications??
That is an average. So there will be areas that is far higher, and other areas where far lower.
Hold on this dip, for a 🚀💵 next year
Agreed. I think at the moment much of the market has slowed a little due to the concerns of the upcoming budget. But in reality, the underlying property market is still pretty strong and interest rates are edging downwards.
I had over 35 applications for a 3/bed house , landlords are selling up and I’m seeing it everyday, there is a massive shortage of houses for families to live in, and it’s only going to get worse, the new rules are the problem, there is going to be thousands of homeless people very soon,
I completely agree. If the government increased production of new homes, solved that. Then moved onto making life harder the the supply of rental properties. Then that may have worked.
But to smash landlords, that smash the supply of buy-to-let properties. In the middle of a housing crisis. Is just madness.
Just a big old sales pitch for your own company then right..?
The purpose of the channel is to share my experience, build a community and of course if viewers trust me enough, I'd love you/them to use my services. Is that a bad thing?