Inflation is here and things are visibly getting more expensive from month-to-month.
But why is it happening?
Will it last?
And what is the government going to do about it?
Rob & Rob are going to be answering all these questions in today’s episode of The Property Podcast.
Inflation can mean the difference between being wealthy or poor when you’re older, so it’s important to understand how and why inflation works, which is why this is just the first of two episodes we’ll be covering on the subject.
This week’s news story comes from the National Residential Landlords Association, and they’ve calculated how many different pieces of law there are that affect people who rent out property in England.
The answer is a whopping 168 laws, and that number has increased by 40% in the last decade. It’s quite surprising just how many local authorities aren’t enforcing these laws.
If that wasn’t enough, we’ve got another news story for you where the headline reads ‘mortgage bonanza as choice grows and rates tumble’.
There are now 4,500 mortgage products on the market which is only slightly down on where they were before the pandemic started. Plus, rates have started to come down again, so now the average two-year fixed mortage is 2.55%.
This week’s Hub Extra is a free resource from the Land Registry and it’s a property alert service.
It allows you to sign up to alerts if anything changes relating to one of your properties on the Land Registry.
It will help you to avoid any fraudulent activity on any of your properties and it’s free to do so it’s a no brainer really.
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