August Market Update

Your August Market Update is here!

It’s been a busy month, so Rob & Rob have plenty of headlines to get through in the latest market update.

From fast-growing cities and the removal of mortgage stress tests, to people getting the wrong investment advice from TikTok, The Robs are breaking down the biggest news of the month for you right now.

Stay on top of the industry’s breaking news by tuning in now. And all the extra links you’ll need are below.

Property prices

House prices growing at fastest rate since 2004

Growth is fastest in cities

Viewings have fallen by a third

The rental market

Rents have increased by 3% in the last year

Rents are growing fastest in Manchester

More tenants are renewing in London


Stress tests removed

Political pressures

A leading charity wants the rental sector to shrink

Labour’s “war” against holiday lets

All holiday lets to be licensed in Wales

Odds and ends

A third of all transactions fall through, and the ones that succeed take over 5 months

The national “rogue landlord” database is looking sparse

And finally…

Not all property advice given on TikTok is accurate

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And if you’d like to find out more information about Portfolio you can do that here.

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