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Hi, if I want to buy a propriety up north, and to use the rent income towards my rent in london, is the rent income subject to taxes? As this income is not used as profit, it is use for the same purpose, renting. Thanks

Inflation (CPI) no longer includes fuel and food, so now you can call it the CP lie

Just sold my house of 20 years, protect your equity...

Phil, thanks for being a great guy over all these years

"Promosm"

The problem with the property market is far to much speculation? Buy-to-let, international investors, Banks, land bagging house builders pushing the price of land up so new builds are ridiculously overpriced. Unfortunately nothing going to change for the future? In my humble opinion the only way to change is a new property valuations at today’s market value for council tax Rates 100K 1% 150k 1.5% 200k 2% 250K 2.5% 300k 3% 350k 3.5% And so on? that will stop escalating property valuations and land bagging house builders.

Put it this way if house prices continue to rise owning a home is going to become a privelege for the few

insane not to exchange a binding contract at the time of offer. Insane. And the Scottish system! Totally insane

I wish we could more easily see Homes Under the Hammer, Location, Location, Location [UK] and Love it or List it [UK] here in the USA

This is 2 of the best TV property guys putting the world to rights. Can we have more of this, as between you there is a wealth of property experience

Two very lovely, pleasant personalities I can watch all day. Thanks for sharing some very useful information.

It was obvious to me that the idiotic very historically low base rates would rise. The rates were only dropped that low because of the financial crash and all the problems this caused. We need a reasonable interest rate for the economy to work correctly.

With regards to Martins comment at 12min on the video about the legal pack, presumably the buyer should use a solicitor who specialises in conveyancing for this.

First thing to do is to is not buy a new build that's new. The horror storing of poorly built homes with little to no remedy from the builder is endless.

Help to build Help to sell Hell to buy Rent freeze Rent cap Perhaps it would be better if government butt out and leave it to good old supply & demand

Why would you want to tell the seller the % deposit you have? Is that to show your buying power?

The kitchen is the UK heart of the home. 🥰

@stevep9221 10 days ago (edited) If you so called experts took half an hour to do some real research you would not be talking such utter nonsense. The ONS could include more than 15% of UK sales in the monthly HPI but they choose not to. Why do you think they leave out 80 to 85% of UK sales? Please comment and do not say they do not come in for up to a year - they only include about 12 or 13% of the sales they could on the day for England and still blame covid! Less overall sales mean they can include less - disgraceful Ponzi scheme to protect 800 billion quantitative easing money for the rich and banking friends. The commercial banks HPIs state you should never use them as a value of your home, they can leave out any sale they like and will never reveal the workings. So what use are they? Finally, put in any postcode on the Land Registry price paid database and search 1 Nov 2023 to 30 Nov 2024 and see the worst falls. Many 30, 40 or even 50% drops in Portsmouth where I live - do you know these facts and are choosing to ignore the facts or are you the lest expert in the industry. It is actually much worse than I am stating because he ONS Include 80& of Scottish and 50% of NI sales so they only really include about 10% of English sales. Why is this not bigger than Watergate?

in lisbon the government are forcing the elderly out of their homes in countryside for the youth in the city

How naive is this woman?? Unfortunately lots of people will buy into this absurd financial planning idea and be in trouble later in life

I have 2 houses, owned outright, one was inherited. I can't sell it, l've made it the cheapest locally comparable house by far, nothing is moving around that price. If l was to sell it & stick the cash in a high interest rate account for a year then that would be less than the rent l'll earn per annum when the tenants move in next month.

Buzz word bingo! Can't imagine there is anyone who would, given the choice, rather rent for the rest of their life than buy. What happens when you want to retire but still have to pay rent. Makes me sick that we seem to be going backwards to pre-war times when people could only afford to rent, another example of the big institutions using their power to reduce the private ownership sector.

Are you both home owners? Sorry I feel for people who rent a phone, rent a car now renting a home. I'm proud to own property and have the freedom to use my home to have options. Also being rent/mortgage free. who owns some of the buy to rent properties, the banks are buying thousands of properties. Thank you.

Great episode, thankyou ❤

👏👏👏

Most BTR are not sustainable, they have only ticked a few boxed to pass planning? I’ve check out a few in the last month and 90% are greenwashing and not many families in them…this just sounds like a PR run for their platform

Government should have Help To Rebuild for young people to get on the property ladder - to buy derelict starter homes for a lower price and renovate them - similar to the redecorating budget given to those awarded social housing properties, but on an obviously bigger scale due to the cost

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WHAT'S WRONG WITH ABERDEEN THEN???????

Property hoarders selling up in 2023

We are seeing biflation also known as cantillion effect. Debt based assets falling

which is ridiculous considering how few people actually cook.

With respect, this discussion is based on the present financial system which is corrupt- mortgages are " death( mort ) pledges) based on banks raising more debt out of thiin air , which is not sustainable, hence the current serious banking crisis ( 'UK is £3 trillion in debt & the USA a staggering $ 34 trillion & rising!) which is about to collapse & make way for programmable CBDCs. The " powers that be" have " legal" tax evasion loopholes, whilst the public struggle to work to pay their tax & other bills. Tax is illegal under international law if used to fund arms that kill humans! Governments are printing money ( Quantiitive Easing) like Monopoly, so why are we being taxed into poverty? UK pensions are the lowest in the west- if our investment in our pensions was returned to us, they should be 3 times what they are. It's a slave system! And if you listen to the World Economic Forum agenda, Klaus Schwab's "mantra" is : " You will own nothing & be happy"!! I certainly won't! PhDs are supposed to widely research their subjects - how is it that many of us without PhDs know more than you on the truths about the state of the financial system?

Its not the same as the 1980s ; affordability at 20 incomes vs 3

I agree just don’t use wickes! Awful company ! Overpriced , awful fitters , problem after problem

This is very helpful

Hello, you say vat is in addition to commission? E.g. 1.25% commision & 20% vat = 21.25%? Am I understanding this correctly? So for figure sake, if my house is valued at 200K, how much would I pay, pls? Many thanks

Pensio Craft data shows that in real terms after inflation, house prices in UK in 2004 were on average slightly above what they are now. Remember inflation last two years been 20%. House prices actually fallen during this time.

This is interesting. Literally just watched an empirical analysis by PensionCraft. Adjusted for inflation house prices have only risen by 1.1% per annum compared to shares at over 5%. Only an average and there is cyclicality, the reality is unless get cheap mortgages, the investment case for buying houses is poor. We all have stories of success, but we are generally caught up with the obsession of housing in the UK. Time it right. Over the long run, housing is for lifestyle not an investment.

I've sold through auction because of necessity. it wasn't a great experience but it did get sold. I do think the auction process is more 'honest' but with the best will in the world there is a natural conflict of interest for any agent/auctioneer. In reality they both work for the buyer. There is only one pot of money so the seller is always 'encouraged' to accept the buyers terms.

Is there any correlation between the guide price and the reserve?

Brilliant episode, thanks very much. I'm selling my house in September when the tenants leave, and I was wondering about putting it to auction, because I live abroad and worry about it hanging on into the winter. The obvious downside is that it would sell for less, and I read somewhere that auction fees are higher than standard estate agents' fees (which wasn't mentioned here). It ought to sell quite easily - 2-bed terrace house with small garden on the edge of Southampton, built 1988, well maintained, it's the house I used to live in. So maybe I don't need the downsides of an auction, but I'll talk to some agents when the time comes.

Hi, what happens if the price the seller would like to achieve isn't met? Is it still sold?

😂 this really is 🦄 material. Just total and utter bollocks. This is far far far worse than 2007. Speak to people on the ground Valuers, estate agents and they will tell you it’s a car crash.

Thank you very much sir for your advice. But please I have a question. If I borrow money from friends and family to my account also sometimes credit cards give 1 and half year 0% interest and transfer the money to my account and manage the money overnight and try to buy a house with this cash money ! Is it gonna work like that ? Property could be under 60k. Is it will be a problem ? Thanks in advance.

Manchester music scene? What oasis like 20 years ago 😂 Div

No, no, no! You have failed measurably to properly introduce your economist/chartered surveyor. Dr. John, Dr, John WHO??? Then you go on to reference LinkedIn. Who in his right mind, considers LinkedIn as a credible source for anything? Oh yes, your Dr. John a well decorated Scottish, so-called expert will be really careful not to rock the boat with his lies and more lies! This PhD knows as much about where interest rates are headed as does Santa Claus. This at a time when people are rightly questioning the benefits of holding a university degree at any level...! To add insult to injury; you the [knowledgeable expert influencers] at: Move iQ have the audacity to rely on the take of the real estate brokerage scum who rip both both sellers and house hunters every day of the year. - No, I refuse to like and subscribe to your "super grateful" profound sense of entitlement!

Will all Level 2 RICs surveys largely give the same result with the same quality? Wondering why there is such a pricing difference in various quotes!

If you so called experts took half an hour to do some real research you would not be talking such utter nonsense. The ONS could include more than 15% of UK sales in the monthly HPI but they choose not to. Why do you think they leave out 80 to 85% of UK sales? Please comment and do not say they do not come in for up to a year - they only include about 12 or 13% of the sales they could on the day for England and still blame covid! Less overall sales mean they can include less - disgraceful Ponzi scheme to protect 800 billion quantitative easing money for the rich and banking friends. The commercial banks HPIs state you should never use them as a value of your home, they can leave out any sale they like and will never reveal the workings. So what use are they? Finally, put in any postcode on the Land Registry price paid database and search 1 Nov 2023 to 30 Nov 2024 and see the worst falls. Many 30, 40 or even 50% drops in Portsmouth where I live - do you know these facts and are choosing to ignore the facts or are you the lest expert in the industry. It is actually much worse than I am stating because he ONS Include 80& of Scottish and 50% of NI sales so they only really include about 10% of English sales. Why is this not bigger than Watergate?