As we approach the close of 2023, we join Progressive co-founder Mark Homer for an insightful discussion on the biggest mistakes and lies BTL landlords were told and believed this year. Stay tuned for a conversation on the significant events shaping the property landscape and how they’ll impact your investment strategy in 2024.
Prep your brain ready for the New Year and boost your knowledge with Mark Homer’s EXCLUSIVE guide → https://bit.ly/mhreport-yt
📈 Interest Rate Surge: Explore the impact of the monumental 1,000% rise in interest rates, soaring from 0.5% to 5.25%. Gain insights into the resulting slowdown in the property market and the cascading effects on property values, affordability, and mortgage dynamics.
🏘️ Council Tax Banding for HMOs: Uncover the changes in council tax banding for HMOs (House in Multiple Occupation). Learn how the government’s shift towards a single-banding system for HMOs aims to address concerns of affordability and its potential implications for property investors and the tenant market.
🏠 Inflation, Interest Rates, and Market Dynamics: Delve into the persisting challenges of inflation, the trajectory of interest rates, and the evolving nature of the property market. Understand the interplay of factors influencing interest rates and their expected impact on property values and financing.
🏛️ Government Policies and Permitted Development Rights: Stay informed about the government’s policy changes, including new permitted development rights allowing the conversion of houses into two flats. Gain insights into the potential opportunities this presents for property investors and the nuances of the forthcoming regulations.
DISCLAIMER: This video is not sponsored, nor is it endorsed, by any third-party affiliates. This is NOT financial advice.
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TIMESTAMPS:
0:00 INTRO
0:36 Interest Rates X1000
2:03 VICTORY FOR HMO! Council Tax Banding
3:08 Everything Inflation
4:46 New Permitted Development Rights
6:06 Renters Reform Bill Cont’d
7:46 Rental Fluctuation and How you can prepare
9:31 WILL BUY TO LET LIVE?????? BIG LESSON!
Watch Nigel Farage EXPOSE the Government’s Housing Crisis ▶️ https://www.youtube.com/watch?v=JGPuPGd6Pn0
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Prep your brain ready for the New Year and boost your knowledge with Mark Homer’s EXCLUSIVE guide → https://bit.ly/mhreport-yt
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