April Market Update

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It’s the April Market Update 

It’s our favourite time of the month! 

Rob & Rob are bringing you the April Market Update and wow what a busy month it’s been! With the Spring Statement, interest rate rises, huge inflation levels and much more – the guys have got their work cut-out… 

They’ll even be revealing the one piece of HUGE news that no-one is talking about, which is bonkers because it has the potential to completely change the UK property market! 

You can find all the links you need and get stuck in below: 

Policy 

• Spring Statement: Key points at a glance 
• Consultation on proposal to withdraw Financial Policy Committee’s mortgage affordability test published 

Interest Rate 

• Interest rates rise again to counter higher prices 
• Property industry reacts to latest Bank of England interest rate hike 

Market 

• UK House Price Index – Zoopla 
• Proportion of new homes sold off-plan rises: Hamptons

Rental Market 

• London exodus reverses as rental demand climbs in Q1 
• Massive London rent rise takes UK average growth over 10% 
• Private rents rise at fastest annual rate in more than five years 
• More properties are being bought by landlords, so why aren’t there more rentals? 

 Cladding Crisis 

• Housebuilders and Gove close to deal on cladding repairs 
• MPs admit it’s unfair for landlords to pay for cladding removal 

Landlords / Register 

• Plans revealed to speed up possessions for landlords – FOUR years after consultation 
• Vast majority of tenants satisfied with renting 

 Hub Extra  

We’ve got a complete game changer for you this week… 

As we know time is a precious resource and the more time you can spend learning and working on your portfolio the better. 

And Rob & Rob have been saving some more previous time, by investing in a robot hoover! 

There’s no need to worry about messy floors, just let the hoover work it’s magic in the background! You save time and get a clean house – winner, winner. 

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