Spray Foam Insulation. DO NOT INSTALL IT

The Property Nomads Podcast

https://www.bbc.co.uk/news/articles/cqjrpv218r0o

28:02

Learn when a refi saves money and how target-date funds work, including fees and when to pick a later fund year. What exactly is a target-date fund, and when should you move your date? How do you know if now is a good time to refinance a house? Hosts Sean Pyles and Elizabeth Ayoola discuss mortgage refinancing and target-date funds to help you understand how to quantify savings on a refi and how to set (and adjust) an age-appropriate retirement glide path. To kick off the episode, NerdWallet senior news writer Anna Helhoski joins with mortgages and student loans writer Kate Wood and mortgage reporter Holden Lewis to break down why refis are spiking even without fresh Federal Reserve cuts, who’s most likely to benefit right now, and how markets (not just the Fed) drive daily mortgage rate moves. They begin with a discussion of rate-and-term vs. cash-out refinancing, with tips and tricks on calculating your breakeven point, using the ~0.75 percentage-point rule-of-thumb for potential savings, and factoring in 2% to 6% closing costs and how long you’ll stay put. Then, investing Nerd June Sham joins Sean and Elizabeth to discuss target-date funds. They discuss how glide paths work (to vs. through retirement), when to push your target year if you’ll work longer, and how fees compare with index funds/ETFs, plus contribution frameworks (10% to 15% of income vs. the “80% replacement” rule) and why many hands-off investors value auto-rebalancing despite higher expense ratios. A listener case study (age 35, 2055 fund) highlights how to revisit your target date in the decade before retirement, how to read a fund’s glide path, and why staying invested and consistent often matters more than chasing perfect timing. Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In this episode, the Nerds discuss: mortgage refinance, refinance calculator, mortgage rates today, breakeven point refinance, cash-out refinance, HELOC vs cash-out, refinance closing costs, when to refinance, refinance vs home equity loan, bond market and mortgage rates, Federal Reserve and mortgage rates, target-date fund, best target-date funds, target-date fund glide path, to vs through glide path, 401k target-date fund, change target-date fund year, 2055 target-date fund, target-date fund fees, expense ratio comparison, ETF vs mutual fund, index funds S&P 500, retirement contribution 10 to 15 percent, 80 percent income replacement rule, taxable brokerage vs 401k, annuity vs staying invested, debt consolidation with home equity, credit card APR vs mortgage rate, divorce refinance requirements, stay-or-sell breakeven analysis, and refinance eligibility 2025. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices…

about a year ago 10:01

MP3•Episode home

Rob addresses the growing concerns surrounding spray foam insulation in homes, particularly its impact on selling and remortgaging properties. With major lenders increasingly rejecting homes that have this type of insulation installed, Rob examines the potential issues caused by improper installation, such as moisture buildup and structural damage.

KEY TAKEAWAYS

Homeowners with spray foam insulation may face difficulties when trying to sell or remortgage their properties, as major lenders are increasingly rejecting homes with this type of insulation.
Many instances of spray foam insulation have been poorly installed, leading to potential issues such as moisture buildup and dampness in the loft area, which can compromise the structural integrity of the roof.
A significant portion of spray foam insulation was installed under the previous government's Green Homes Grant scheme, highlighting a lack of coordination between government initiatives and lender requirements.
It is crucial for homeowners and potential buyers to inspect loft spaces for spray foam insulation. If present, it can be a point of negotiation during property transactions.

BEST MOMENTS

"If you have it in your home, then you might have trouble either selling your home or remortgaging."

"The fear from lenders is that with spray foam installation, what it does is it blocks up the rafters."

"It's estimated about a quarter of a million homes have this type of installation."

"There's going to be a lot of cowboy people out there to take advantage of the grant cash."

"If you're looking to have this installed, I personally, I wouldn't recommend it."

VALUABLE RESOURCES

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

562 episodes

#Trading #Society #Travel #Business #Rob Smallbone #Aaron Devoy #Podcasting Education #Self-Improvement #Property Nomads

Spray Foam Insulation. DO NOT INSTALL IT

The Property Nomads Podcast

published about a year ago

MP3•Episode home

KEY TAKEAWAYS

Homeowners with spray foam insulation may face difficulties when trying to sell or remortgage their properties, as major lenders are increasingly rejecting homes with this type of insulation.
Many instances of spray foam insulation have been poorly installed, leading to potential issues such as moisture buildup and dampness in the loft area, which can compromise the structural integrity of the roof.
A significant portion of spray foam insulation was installed under the previous government's Green Homes Grant scheme, highlighting a lack of coordination between government initiatives and lender requirements.
It is crucial for homeowners and potential buyers to inspect loft spaces for spray foam insulation. If present, it can be a point of negotiation during property transactions.

BEST MOMENTS

"If you have it in your home, then you might have trouble either selling your home or remortgaging."

"The fear from lenders is that with spray foam installation, what it does is it blocks up the rafters."

"It's estimated about a quarter of a million homes have this type of installation."

"There's going to be a lot of cowboy people out there to take advantage of the grant cash."

"If you're looking to have this installed, I personally, I wouldn't recommend it."

VALUABLE RESOURCES

https://www.bbc.co.uk/news/articles/cqjrpv218r0o

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

562 episodes

#Trading #Society #Travel #Business #Rob Smallbone #Aaron Devoy #Podcasting Education #Self-Improvement #Property Nomads

All episodes

The Property Nomads Podcast

1
Property Nomads - The Final Episode 14:00

29 weeks ago14:00

14:00

In the final episode of the Property Nomads podcast, episode 560, Rob reflects on an incredible journey spanning over six years and 500 episodes. Having achieved over 150,000 downloads across more than 150 countries, the decision to conclude the podcast stems from a need to focus on the growing property portfolio and projects. While the podcast will remain accessible for listeners to enjoy, Rob encourages you to sign up for his monthly newsletter for updates on future endeavours, and shares a heartfelt thanks to all who have made this remarkable journey possible KEY TAKEAWAYS The decision to end the podcast was driven by the need to concentrate on managing a growing property portfolio and ongoing projects, requiring full attention from the team. Although the podcast is ending, all episodes will remain accessible on various platforms, allowing listeners to revisit past content. Listeners are encouraged to sign up for a monthly newsletter via the Property Nomads website to stay updated on future developments and potential rebranding of the podcast. A heartfelt thank you to the editing team, past and present partners, and listeners for their support throughout the podcast's run BEST MOMENTS "It's been an honour and a blessing and this is a bittersweet episode to do because there's no easy way to wrap up six and a bit years of work." "We have never missed an episode. We have added as much value as possible." "Just because it's the last episode, it doesn't mean we are never coming back. But for now, we're on an indefinite hiatus." VALUABLE RESOURCES Follow for more at https://contrariancapitalist.substack.com/ GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
5 top lessons from 5 years of podcasting 15:03

30 weeks ago15:03

15:03

In the penultimate episode of the show, Rob reflects on five top lessons learned from over five years of podcasting, emphasising the importance of having a clear goal, maintaining consistency by never missing an episode, and being authentic to oneself throughout the journey. KEY TAKEAWAYS It's essential to define the purpose of your podcast. Whether it's to build a brand, connect with customers, or simply share your interests, having a clear goal will guide your content and strategy. Consistency is crucial in podcasting. Sticking to a regular schedule helps build trust and rapport with your audience, ensuring they know when to expect new content. Authenticity resonates with listeners. Embrace your personality and experiences, as being genuine helps foster a deeper connection with your audience. Be open to evolving your podcast based on feedback and changing circumstances. Experimenting with different formats or topics can enhance your content and keep it fresh. Effective branding is vital for recognition. Utilise merchandise and maintain consistent branding across platforms to create touchpoints that help listeners identify and engage with your podcast. BEST MOMENTS "When you get started in podcasting, it is very important to understand why you're doing it." "In five years, we have never missed an episode because listeners love consistency." "The key thing is just to be yourself. And hopefully that natural ambience has come through in the content." "Never be afraid to adapt and to change if necessary." "Do brand yourself properly. Make sure the branding is consistent across all your social medias." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
The future of housing is price positive 15:57

30 weeks ago15:57

15:57

Rob looks at the future of housing in the UK, emphasising the fundamental principles of supply and demand., examining the ongoing challenges in the housing market, including the impact of government policies, labor shortages, and inflation on property prices and rents. KEY TAKEAWAYS The fundamental principle of supply and demand plays a crucial role in the housing market. When demand exceeds supply, prices are likely to rise, while an oversupply can lead to price decreases. Historical evidence suggests that rent controls do not effectively manage housing prices. Attempts to cap prices often lead to unintended consequences, such as increased rents in social housing. To address the housing crisis, there is a pressing need for the government to significantly increase the supply of homes. Building 300,000 homes annually is essential to meet demand, but current labor shortages and policy inconsistencies hinder this goal. Impact of Inflation on Housing: Inflation tends to push up asset prices, including housing. While there may be market corrections, the long-term trend indicates that housing prices will generally rise due to inflationary pressures. Importance of Market Understanding: Investors should prioritise understanding the economic factors influencing the housing market. Knowledge of market cycles, timing, and economic principles is vital for making informed investment decisions and avoiding potential pitfalls. BEST MOMENTS "If you try and tinker too much with supply and demand then the chances are it's going to backfire on you." "The one way to fix house prices, if that is what needs fixing, is by building, building, building, and building it down quickly." "Inflation is probably the ultimate tax of them all... it will push up the price of an asset." "Demand for housing in the UK is going to be far higher than supply for a very, very long time." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
Will commercial property rebound moving forwards? 14:46

31 weeks ago14:46

14:46

Rob talks about the current state and future prospects of the commercial property market, contrasting it with the residential sector discussed in previous episodes, reflecting on the market's trajectory from the post-financial crisis boom to the challenges posed by the COVID-19 pandemic, including shifts in work culture and rising mortgage rates. KEY TAKEAWAYS Commercial Property Market Challenges: The commercial property sector is facing significant challenges due to cultural shifts towards remote work, leading to lower occupancy rates and potential financial strain on landlords. Impact of Rising Mortgage Rates: Many property owners who secured low mortgage rates between 2010 and 2021 may face difficulties as they refinance at much higher rates, which could lead to increased financial pressure and potential property sales. Skepticism Towards Economic Data: There is a strong belief that the economic data being reported is misleading, with a suggestion that the UK economy is not as healthy as portrayed, which could lead to a downturn in the commercial property sector. Opportunities Amidst Challenges: Despite the negative outlook for the commercial property market, there may be opportunities for investors to acquire properties at lower prices, especially as more buildings become available due to financial distress among owners. BEST MOMENTS "Commercial property is something that we have touched upon on the Property Nomads podcast as well because things aren't quite adding up." "If you're a landlord and your tenancy is a bit mass ominous, more or less 50-50, and your mortgage rate is gonna double or treble, that's more going out of your back pocket." "I think that the commercial property sector is at some point going to collapse." "Although people will say, you know, the markets are in recovery, I disagree with that sentiment. I think it's going to go the other way." "If there are potentially more commercial units that need to be filled... this provides opportunities for buyers." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
The top 7 TPN podcasts that you need to listen to 12:22

31 weeks ago12:22

12:22

Rob talks about the top seven most popular episodes based on download numbers, highlighting the valuable insights shared by various guests. From monetising podcasts with Robin Pearson to exploring tax-efficient strategies for self-administered pension schemes with Simon King, each episode offers a wealth of knowledge for property enthusiasts. KEY TAKEAWAYS Episode 114 discusses various ways to monetise a podcast, including subscription services, platforms like Substack, and Patreon, emphasising that there are multiple avenues for podcasters to generate income. Several episodes feature expert guests who share their extensive knowledge on specific property topics, such as Buy-to-Lets, flipping properties, and utilising self-administered pension schemes (SAS) for property investment. The episodes mentioned contain valuable and relevant information that remains applicable over time, although listeners are advised to verify details due to potential changes in regulations and market conditions. BEST MOMENTS "No matter whenever you get started in podcasting, there is always a way in which you can monetise" "We look at the do's and don'ts of SASes, and how you can make it tax efficient with regards to property investing." "It wasn't just a case of buy a regular house, renovate and sell; we also went into how you can flip land." "If you're just starting in property, maybe London is not the place for you to start." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
UK + EU Commercial Property Latest + Lead Surveys Proposed 12:29

32 weeks ago12:29

12:29

Rob provides an insightful overview of the current state of the EU and UK commercial property markets, highlighting a notable recovery in real estate investment in the EU during the latter half of 2024, with a shift in investor focus towards hotels and warehouses due to the growth of e-commerce. KEY TAKEAWAYS After a quiet start to 2023 and 2024, real estate investment in the EU has shown signs of recovery, particularly in the second half of 2024, with a shift in investor focus towards hotels and warehouses due to the growth of e-commerce. UK commercial property investment increased by 26% in 2024, with significant deals such as Abu Dhabi's Modon Holdings acquiring a major office complex in London, indicating a positive trend in the market. The office sector in both the EU and UK has experienced a decline in investment, attributed to the rise of hybrid working models, with a reported 10% drop in the EU and a slight decrease in the UK. England's housing ombudsman has proposed mandatory lead surveys for properties to assess health risks associated with lead exposure, raising concerns about the potential costs and implications for property demand and ownership. Upcoming episodes of the podcast will recap key insights from the past five to six years, discuss the future of commercial and residential property in the UK, and share lessons learned from podcasting as a tool for business growth and investment generation. BEST MOMENTS "Investors... have started to shift their focus to hotels and apartments. They're putting more investment into things such as warehouses as they are betting on higher growth in e-commerce." "The office sector... recorded a 10% drop in investment in 2024. And that is its worst year since 2009." "UK property investment... jumped 26% in 2024. That is obviously good news." "Lead has been used quite a lot because it could be used in flashing... and of course, if you start inhaling such things, that could be quite toxic to your health." "Trying to introduce mandatory testing is, I think, probably a step too far. And again, it's just adding another cost, another thing to the process." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
Gold, Trumps tariffs + potential impact on UK 16:27

32 weeks ago16:27

16:27

Rob looks at the potential impact of Trump's tariffs on the UK, exploring the complexities of international trade and the economic implications for both countries. The discussion highlights the nuances of tariffs, using relatable examples to explain how they affect consumers and businesses. Additionally, the episode shifts focus to the rising value of gold, examining its significance as a hedge against economic instability and inflation. KEY TAKEAWAYS Impact of Trump's Tariffs: The potential imposition of tariffs by Trump on the UK may not be as detrimental as it seems. While tariffs increase costs for consumers, the actual impact on the UK economy could be mitigated by the nature of trade relationships and the surplus the UK has with the USA. Understanding Tariffs: A tariff increases the price of imported goods, which affects consumers in the importing country rather than the exporters. For example, a 25% tariff on a $100 product would raise the cost to $125 for UK consumers. Gold as an Investment: Gold prices have significantly increased over the past 14 to 16 months, reaching around $2,900 per ounce. This rise is indicative of broader economic trends, including inflation and currency devaluation. Diversification of Assets: With potential economic instability, diversifying investments, including holding physical gold and silver, is recommended as a protective measure against financial crises. Resources for Gold Investment: For those interested in investing in gold, recommended resources include Sharps Pixley, Chards, and Bullion by Post, which provide options for purchasing physical gold. BEST MOMENTS "If Trump puts in a tariff on the UK, then basically it's not necessarily detrimental to the UK because it's going to affect the American consumer because they're going to have to pay more." "Gold going up also means that the value of your fiat currency is going down." "What could happen from there is that could cause financial catastrophe for the UK." "This is why having a bit of diversification is useful and this is why gold and silver are well loved by a lot of people." VALUABLE RESOURCES contrariancapitalist.substack.com https://www.bbc.com/news/articles/ckgy1lerlpko GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
House prices up 4.1% YoY + 15,000 new homes needed in THIS area 7:09

33 weeks ago7:09

7:09

Rob discusses the recent trends in UK house prices, highlighting a modest increase of 0.1% in January, bringing the average price to £268,213, with a year-on-year growth of 4.1%. The episode delves into the implications of rising mortgage rates and the potential impact of upcoming decisions from the Bank of England. Additionally, Rob emphasises the significance of infrastructure projects, particularly the new railway between Oxford and Cambridge, which is projected to necessitate 15,000 new homes annually to support growth. KEY TAKEAWAYS In January, the average house price in the UK rose to £268,213, reflecting a 0.1% increase from the previous month and a 4.1% increase year-on-year, although this is slightly lower than the 4.7% rise recorded in December. Mortgage Rates Impact: The slower-than-expected house price growth is attributed to rising mortgage rates, with upcoming discussions on rates by the Bank of England expected to influence future trends. Infrastructure Development: The Oxford to Cambridge arc is highlighted as a significant area for potential growth, with a new railway being constructed and a projected need for 15,000 new homes annually to support high growth. Investment Opportunities: Investors are encouraged to explore areas along the new railway route between Oxford and Cambridge, as infrastructure improvements typically lead to increased property values and development opportunities. BEST MOMENTS "The average house price... is £268,213 and that is up 0.1% from the previous month and that's a 4.1% increase year on year." "Research by Public First for the Oxford Cambridge Supercluster Board believes that actually 15,000 homes a year on average will be needed in order to reach a high growth trajectory." "Just because the report says that they need X amount of homes per year, that does not mean that those homes will get built." "Looking at infrastructure projects throughout the UK are very important because, again, it gives you an idea of what's going on and what's likely to come up as well." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
New UK infrastructure projects + why this benefits housing 10:07

33 weeks ago10:07

10:07

Rob discusses recent announcements made by Chancellor Rachel Reeves regarding significant government investments in infrastructure across the UK. The episode highlights key projects such as the expansion of Heathrow Airport, the development of Europe's Silicon Valley between Oxford and Cambridge, and the redevelopment of Old Trafford, home of Manchester United. Rob talks about how these infrastructure improvements can positively impact the housing market, suggesting that property investors should pay close attention to these developments. KEY TAKEAWAYS The UK government has announced significant investments in infrastructure, including the expansion of Heathrow Airport and improvements to various rail and road links, which are expected to positively impact the housing market. The development of East West Rail between Oxford and Cambridge is projected to add £78 billion to the UK economy over the next decade, highlighting the importance of transportation links in driving economic growth and housing demand. Potential changes to the planning and infrastructure bill could simplify the process for obtaining planning permissions, facilitating more development projects and potentially increasing housing supply. Major infrastructure projects, such as the redevelopment of Old Trafford and the lower Thames crossing, could lead to increased housing demand and property values in surrounding areas, making them important considerations for property investors. BEST MOMENTS "The biggest announcement was the Heathrow expansion... To have a third runway at Heathrow would be very, very suitable." "If you are looking to buy or you're looking for long-term growth, buying in and around these areas with major infrastructure projects might be quite beneficial." "The government are looking at making some changes to the planning and infrastructure bill... that might make planning permissions a lot easier." "If there is a new road tunnel going between Tilbury and Gravesend, have a look at the surrounding areas and the potential impact that that could have." "When we're looking at infrastructure projects around the UK, it's important to bear in mind what's going on, because that can have a massive impact on your investment decisions." VALUABLE RESOURCES https://www.bbc.com/news/articles/czxknwyxk09o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
72.5m population by 2032 + criminal council tax hikes 9:10

34 weeks ago9:10

9:10

Rob discusses two significant topics affecting the UK: projected net migration and its impact on the population, as well as alarming council tax hikes across various regions. The Office for National Statistics forecasts that the UK population will rise to 72.5 million by 2032, primarily driven by net migration, which could lead to increased demand for housing. Rob encourages listeners to consider investing in property, emphasising that a growing population will necessitate more housing. KEY TAKEAWAYS The UK population is expected to rise to 72.5 million by 2032, marking a 7.3% increase over the decade, primarily driven by net migration. An increasing population will likely lead to a higher demand for housing, which presents opportunities for those looking to invest in property despite prevailing negative sentiments about the housing market. Council Tax Hikes: Significant council tax increases are planned in various regions, with some councils proposing hikes as high as 25%, which could affect nearly 4 million residents. Financial Mismanagement: Many local councils, particularly in the South, are facing financial difficulties, with some declaring bankruptcy due to mismanagement of public funds, leading to increased tax burdens on constituents. Call for Efficiency: There is a need for local councils to streamline operations and reduce workforce sizes to improve efficiency, drawing parallels to successful practices in the private sector, such as those implemented by Elon Musk at X. BEST MOMENTS "Net migration is to push the UK population up to 72.5 million, a projected population growth of 7.3% between 2022 and 2032." "If the population is set to increase sustainably, then from a housing point of view, that could be quite beneficial." "Council tax hikes are going to be taking place from April, and it seems that councils are really taking the piss." "We've been taken for a ride in the UK, and it's really not good. It's not healthy by any stretch of the imagination." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
This is why 1.5m homes WILL NOT get built by 2029 15:59

34 weeks ago15:59

15:59

Rob looks into the ambitious target set by the current Labour government to build 1.5 million homes by 2029, highlighting the significant challenges posed by a shortage of skilled labor in the construction industry. He covers the various trades needed for housing projects, the impact of Brexit on the workforce, and the government's acknowledgment of a "dire shortage" of construction workers. KEY TAKEAWAYS The UK is facing a significant shortage of skilled construction workers, including bricklayers, plumbers, and electricians, which poses a challenge to the government's target of building 1.5 million homes by 2029. The lack of skilled labor has been attributed in part to Brexit, which has affected the availability of workers from abroad, further complicating the situation in the construction industry. Addressing the skills shortage and meeting housing targets requires a long-term strategy, including incentives for trades and support for small businesses, rather than quick fixes. The imbalance between housing supply and demand is likely to lead to rising property prices, which could benefit current property owners and investors but does not resolve the underlying issues in the housing market. There is a need for a national housing strategy that encourages more people to enter trades and supports small businesses, emphasising the importance of tax incentives and a coherent approach to infrastructure development. BEST MOMENTS "The UK doesn't have enough builders for Labour's 1.5 million homes." "We have a lack of skilled people in the country at the moment... and of course, they blamed Brexit as well." "If the government want to build 1.5 million homes by 2029, it's very unlikely that's going to happen." "We need more people in the trades. We need the country to be better at promoting and helping small businesses." "What needs to happen are more tax incentives for people to get into becoming tradespeople in the first place." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/c5yg1471rwpo GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
5 plants to avoid in housing 10:12

35 weeks ago10:12

10:12

Rob lists the five plants that homeowners, landlords, and tenants should avoid due to their potential negative impact on properties. The episode highlights invasive species such as Japanese knotweed, bamboo, rhododendron, buddleia, and English ivy, detailing how these plants can cause structural damage, compete for resources, and complicate mortgage and insurance processes. KEY TAKEAWAYS Japanese Knotweed: This invasive plant grows rapidly and can penetrate through soil and concrete, leading to potential structural damage. It's crucial to identify it during house viewings, as it can complicate mortgage approvals. Bamboo: Known as the fastest-growing plant, bamboo can quickly overtake gardens and disrupt paving, patios, and driveways due to its strong root system. While it can be aesthetically pleasing, it requires careful management. Rhododendron: These plants can grow very large and compete for light and nutrients with other plants. They are also toxic to dogs, making them a concern for pet owners renting properties. Buddleia: Although visually appealing, buddleias can grow in hard-to-reach areas like chimney stacks and roofs, leading to potential damage and water ingress. They produce a significant number of seeds, which can contribute to their invasive nature. English Ivy: Commonly seen on buildings, English ivy can spread rapidly and infiltrate cracks in structures, causing water ingress and structural issues. While it adds aesthetic value, it can pose risks to the integrity of a home. BEST MOMENTS "The first plant to really watch out for is Japanese knotweed... it can force its way into anywhere basically." "Bamboo is the fastest growing plant in the world... the roots can overtake a garden, it can push up paving slabs, patios, driveways." "Rhododendrons can grow to be very, very big... and also the plants are poisonous to dogs." "Even small buddleias are capable of producing over one million seeds a year... they can become quite invasive." "English ivy... its roots will go through cracks in the structures... leading to all forms of water ingress and structural issues potentially for the home." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/five-problem-plants-to-avoid-when-buying-a-property-and-what-to-do-if-you-spot-them/ar-BB1ogmDH?ocid=winp2fptaskbar&cvid=0a97fc7db27c49fbc2ad1d6e32be5c23&ei=41 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
Energy policy latest incl. Heat Pumps & Gas Boilers 14:08

35 weeks ago14:08

14:08

Rob looks into the contentious topic of heat pumps versus gas boilers within the context of the UK's energy policy. With a critical eye, he discusses the government's shifting stance on energy solutions, including the potential abandonment of plans to ban new gas boilers by 2035. KEY TAKEAWAYS There is a strong skepticism regarding the effectiveness of heat pumps in the UK, particularly due to the age and structure of much of the housing stock, which may not be suitable for such systems. The UK government's energy policies have been inconsistent, with frequent changes regarding the ban on gas boilers and the push for heat pumps, leading to confusion and uncertainty in the housing market. The financial burden of transitioning to heat pumps or other energy-efficient systems is a significant concern, as the costs can be prohibitive for many homeowners, especially when compared to traditional gas boilers. There is a call for increased investment in various energy sources, including fossil fuels and nuclear power, to ensure affordable energy and support economic growth, rather than solely focusing on green policies. A more stable and affordable energy policy could lead to increased disposable income for consumers, allowing them to make more choices regarding energy systems, including potentially opting for heat pumps in the future. BEST MOMENTS "It's important to have a look at the latest news because that can impact the long-term housing plan for this country." "When you look and realize that most of our housing stock in the UK consists of some form of late Victorian or early Edwardian, heat pumps are not suitable for the housing stock in general." "If you give someone an option of installing a heat pump that may or may not work at the cost of say 10,000 pounds, or they can get a new gas boiler for say 5,000 pounds, most people are gonna go down the gas boiler route." "The current energy policy is not very good, to put it in a polite way." "We need more energy. We need more nuclear. We need more gas. We need more oil. More of those things are gonna drive our economy." VALUABLE RESOURCES https://www.msn.com/en-gb/money/technology/heat-pumps-to-be-installed-in-most-uk-homes-despite-fears-over-cost/ar-AA1wRJm8?ocid=winp2fptaskbar&cvid=d677da73f32445c2d535151ee4d6d24f&ei=13 https://www.msn.com/en-gb/money/other/labour-ditches-plans-to-ban-new-gas-boilers-from-2035/ar-AA1x3JLf?ocid=winp2fptaskbar&cvid=6a91687b1ea14fe2b89b1dcaae9bb589&ei=6 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
Rightmove says there's a new property boom. I disagree... 10:48

36 weeks ago10:48

10:48

Rob looks at the recent announcement by Rightmove regarding potential housing boom areas for 2025, contrasting it with the current decline in property prices in London. He delves into the latest data from Halifax, which shows a year-to-date increase of 3.3% in UK housing prices, and explore the implications of a 26% rise in new property listings compared to the previous year. KEY TAKEAWAYS Rightmove has reported a significant increase in property listings, claiming a new property boom is underway, with listings up by 26% compared to the same time last year. The increase in listings does not necessarily indicate a property boom; it could reflect various factors such as landlords selling due to economic pressures, homeowners testing the market, or seasonal trends following the quieter months of November and December. The Southeast has the highest number of new listings, followed by the East of England and the Southwest, indicating regional variations in market activity. The ongoing imbalance between high demand for housing and low supply is a fundamental driver of price increases, as evidenced by the Halifax reporting a 3.3% year-on-year increase in housing prices. BEST MOMENTS "Rightmove have announced some housing boom areas for 2025... it's interesting to see that Rightmove have, to an extent, almost countered that with their latest information." "They do say that listings... have jumped by 26% in comparison to this time last year." "If there are a lot more homes hitting the market, that doesn't necessarily indicate the start of a new property boom." "When you're dealing with the fundamentals of supply and demand, that's what happens. Weak supply, big demand, demand outstrips supply, prices go up." "Take it with a pinch of salt when you read that there could be a new property boom happening." VALUABLE RESOURCES https://www.msn.com/en-gb/money/homeandproperty/rightmove-reveals-property-boom-and-regions-racing-to-put-homes-on-the-market/ar-AA1x5jXc?ocid=winp2fptaskbar&cvid=d4982e65c2b64cd6c5f25e99b72e7c38&ei=24 GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast…

The Property Nomads Podcast

1
Bank of England playing chicken with the mortgage market 10:34

36 weeks ago10:34