The Property Nomads Podcast

Rob discusses the government's plans to introduce new controls on holiday lets starting from the summer. The aim is to make housing more affordable for local residents, but Rob questions whether these measures will effectively address the issue, highlighting the importance of increasing the supply of housing as a long-term solution to the housing crisis. KEY TAKEAWAYS The government is looking to introduce new controls on holiday lets from this summer to help local people afford housing in their area. The proposed controls include seeking permission from the council to turn a home into a short-term let and implementing a mandatory national registration scheme. Existing short-term lets will be automatically reclassified, while new ones will require planning permission. The government's aim is to address the issue of local affordability, but the ultimate solution lies in building more housing to meet demand. Flexibility and a dynamic approach to homeownership are essential, as birthplace does not guarantee the right to own a home in a specific area. BEST MOMENTS "The way to solve any housing issue is build more, because the demand for housing is much higher than the supply of housing in this country at the moment." "Just because you are born in an area or you live in an area, it doesn't give you an automatic right to buy a home in that area." "The rules won't apply to people renting out their main home for less than 90 nights a year. It doesn't affect hotels, hostels and B&Bs." "Councils would have the power to require planning permission for properties if they deem that necessary, which probably means they will because councils love the power." VALUABLE RESOURCES https://www.bbc.co.uk/news/uk-politics-68335939 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob examines into the recent announcement by Michael Gove regarding the ban on no-fault evictions by the next election. With a critical eye, he questions the government's motives behind this decision, suggesting it may be driven by a desire to secure votes rather than genuinely improving the rental system. KEY TAKEAWAYS Government's Motive for Banning No-Fault Evictions: Robquestions the government's motive behind the decision to ban no-fault evictions, suggesting it may be driven by a desire to win votes rather than genuinely improving the housing system. Impact on Landlords: The episode highlights the potential challenges landlords may face with the ban on no-fault evictions, especially in dealing with difficult tenants who may not pay rent or cause damage to the property. Need for Clarity and Efficiency in Court System: There is a call for a clearer and more efficient court system to address issues related to problematic tenants, rent arrears, and property damage, emphasising the importance of a balanced approach that considers both landlords and tenants. Call for Action and Progress: Rob urges the government to take decisive action and make progress in addressing the challenges within the housing sector, emphasising the need for clarity, efficiency, and fairness for all parties involved. BEST MOMENTS "The challenge you've got with that is quite simply, I'm not convinced we're going to have a Tory government anywhere near the Houses of Parliament come the end of the year." "Sometimes the simplest way to get them out is a no-fault eviction. It's quite a simple way. Yeah, I want my house back. I want my property back. Thank you very much." "Unfortunately, there are going to be landlords out there a little bit unscrupulous that won't agree with that. And there are dodgy people out there, absolutely." VALUABLE RESOURCES https://www.bbc.co.uk/news/uk-politics-68267106 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob looks into the repercussions of rent controls in Scotland, highlighting the imminent challenges faced by tenants and landlords alike. He dissects the government's decision to implement price controls and the subsequent impact on the housing market. KEY TAKEAWAYS Rent controls in Scotland are set to expire in April, leading to potential rent hikes and mass evictions. The imbalance between housing supply and demand in Scotland, similar to the rest of the UK, is a key factor driving rent increases. The temporary rent controls implemented during the cost of living crisis have suppressed market forces, leading to a potential spike in rents post-expiration. The Scottish government's proposal for long-term rent controls and new tenant rights may further disrupt the housing market. BEST MOMENTS "Rent controls and price controls do not work whatsoever. There's thousands of years of history to show you that rental caps or price caps don't work." "The market's been suppressed. So now the market has got the freedom to do what the market needs to do. You're going to have this big jolt up." "It's better if you would have allowed the free market to have done what the free market does." "The very people that they're seeking to want to protect are the very people that are going to lose out. Period." VALUABLE RESOURCES https://www.msn.com/en-gb/news/uknews/private-tenants-in-scotland-face-big-rent-rises-and-mass-evictions-from-april/ar-BB1i6WtX?cvid=b1a8fd5679484351b946708e3b534b51&ocid=winp2fptaskbar&ei=20&sc=shoreline GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob looks into the government's plans to scrap size limits for heat pumps and electric car chargers, highlighting the potential impact of these changes on noise pollution and the challenges faced by homeowners in installing heat pumps. KEY TAKEAWAYS The government are planning on scrapping size limits for heat pumps and electric car chargers under new government plans. The government are looking into installation of bigger units without planning permission to minimise noise pollution. We also have challenges in installing heat pumps in traditional UK housing due to space constraints and building materials. BEST MOMENTS "The government's looking to alter the permitted development rules to allow bigger units to be installed, minimising noise levels." "A heat pump is not a solution for everyone, especially in traditional UK housing with limited space and thermal challenges." "The government is trying to facilitate easier installations, but local authority approval may still be required for multiple heat pumps in flats." "Heat pumps outside homes can produce a constant hum of 40-60 decibels, similar to a fridge or dishwasher, posing acoustic challenges." "The realities of heat pumps are biting back, prompting the government to reconsider planning rules to address the red tape." VALUABLE RESOURCES https://www.msn.com/en-gb/cars/news/heat-pump-and-electric-car-charger-size-limits-scrapped/ar-BB1id4o4?ocid=winp2fptaskbar&cvid=1799140e1cf743b0aa52ea7fe9c8dcd3&ei=49&sc=shoreline GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob delves into the declining trend of construction cranes in the US and its potential implications for the commercial property sector. With a critical eye, he highlights the significance of this shift, suggesting that it may signal challenging times ahead for the economy. KEY TAKEAWAYS The decline in construction cranes in major US cities signals potential challenges in the commercial property sector. Decrease in construction activity in the US may foreshadow similar trends in the UK commercial property market. Office market struggles and rising vacancy rates in the US indicate upcoming opportunities for investors. Changes in work trends, financing costs, and demand for commercial property are key factors influencing the current market conditions. Networking, building relationships, and being prepared to seize opportunities are crucial steps for investors in the evolving commercial property landscape. BEST MOMENTS "The death of the construction crane is here, certainly in the US anyway. And that is going to signal the first death knell of the commercial property sector." "When you start to see everything being taken down and taken away, then that normally means things aren't going as well." "That means opportunity. That means there's going to be a lot of potential discounts to have. There's going to be a lot of cash to be made." "And this is why there's going to be an awful lot of opportunity moving forward. This is why the first commercial death knell is here." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/death-of-the-construction-crane-skyscraper-building-equipment-touted-as-sign-of-thriving-economy-disappears-from-nyc-and-chicago-skyline-as-office-values-tank/ar-BB1idyjv?ocid=winp2fptaskbar&cvid=2ced165ea8c64448b04bf9b108c38075&ei=9&sc=shoreline GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob dissects the recent UK inflation figures and shedding light on the discrepancies in the reported data, unraveling the flaws and limitations of the Consumer Price Index (CPI) and mainstream media's portrayal of inflation. KEY TAKEAWAYS Rob highlights the limitations of the reported inflation figures, pointing out that the Consumer Price Index (CPI) does not account for essential expenses like fuel, mortgages, and rent, leading to a potentially underestimated inflation rate. Inflation tends to come in waves, with the effects of stimulus measures taking time to manifest in the economy. The host predicts that inflation may accelerate again in the future, challenging the notion that it will easily drop to the Bank of England's 2% target. It's vital to seek alternative sources of information to gain a more accurate perspective on economic issues. Consider the context of price changes to avoid misconceptions about the state of inflation. BEST MOMENTS "The Consumer Price Index doesn't take into account everything. It might not include how much it costs to top up your car or the price at the pump." "It's hard to believe today because it's not true. Is it going to get down to 2%? Well, if they want to force the figures down to 2% and make up the data as they go along, then absolutely, of course it will." "This is a challenge I have with mainstream media reporting such things. They quite clearly don't understand what's going on or they're being told to report it in a certain way." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/uk-inflation-may-be-stuck-at-4-but-don-t-despair-things-are-about-to-get-exciting/ar-BB1ig04n?ocid=winp2fptaskbar&cvid=bd01326a59f84b4fe400b0e4d418a001&ei=8&sc=shoreline GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob delves into the pressing issue of social housing and its impact on health. The episode begins by discussing the Housing Ombudsman's call for a reestablished link between housing and health, shedding light on the alarming statistics surrounding the conditions of social housing. Rob expresses frustration at the lack of mainstream media coverage on the topic, emphasising the severity of the situation faced by social housing tenants. KEY TAKEAWAYS Social housing sector faces significant challenges, with a high number of households living in non-decent conditions. Housing Ombudsman calls for a reestablishment of the link between housing and health to address the issues in social housing. Mainstream media may overlook social housing issues, leading to a lack of awareness and action on the problems faced by tenants. Councils need to prioritise improving their own social housing stock rather than focusing solely on chasing private landlords. Collaboration and information sharing between tenants and authorities are crucial to address issues like damp, mould, and condensation in social housing. BEST MOMENTS "The scale of the challenge hasn't been grasped." "It's unacceptable that people have to live in these conditions." "Rental controls don't work, it is what it is." "It really should be the number one thing that they look at." "Every situation seems to be completely different." VALUABLE RESOURCES https://www.theguardian.com/society/2024/jan/22/richard-blakeway-ombudsman-england-social-housing-health#amp_tf=From%20%251%24s&aoh=17059444473451&csi=0&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.theguardian.com%2Fsociety%2F2024%2Fjan%2F22%2Frichard-blakeway-ombudsman-england-social-housing-health GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the recent changes introduced by the government regarding planning permission and permitted development for solar panels. He explains that homeowners can now install solar panels on their roofs without going through the lengthy process of planning permission, but only under certain circumstances. However, there are limitations to this new rule, as it only applies to flat roofs, which not everyone has. Additionally, even if you have a flat roof, the panels still need to be angled correctly for maximum efficiency. KEY TAKEAWAYS The government has introduced new changes to solar panels regarding planning permission and permitted development. Homeowners can put solar panels on their roofs without planning permission under certain circumstances. Solar panel installation is VAT free, which was introduced in the 2022 spring budget. The new permitted development rules only apply to flat roofs, which may not be suitable for everyone. Dwellings with pitched roofs still need to comply with Class A rules for general permitted development, with restrictions on the protrusion and height of the panels. BEST MOMENTS "Under permitted development rights, homeowners will be able to put solar panels on their roofs without having to go through planning, but only in certain circumstances." "It does make me laugh that the government do claim these changes have been introduced to make it smooth for solar panels to be installed. But in reality, they're doing a little bit but not doing enough." "Permitted development rights now mean that if you have a flat roof, then you don't have to go through planning, you can just go through permitted development, which is great." "I recommend Make My House Green. They do nationwide solar panel installation." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob highlights three new net zero measures introduced by the government that may impact landlords and homeowners. The first measure is an increase in the grant for boiler upgrades, specifically for heat source pumps, from £5,000 to £7,500. However, Rob questions the effectiveness of this grant considering the high cost of installing heat pumps. The second measure is the delay of the ban on installing oil, LPG boilers, and new coal heating for off-grid homes from 2026 to 2035. Rob argues that this delay is reasonable, given the challenges of transitioning to alternative energy sources and the need for infrastructure improvements. The third measure is the introduction of an exemption for households that struggle to switch to heat pumps by 2035. KEY TAKEAWAYS The government has introduced three new net zero measures that may affect landlords and homeowners. The Boiler upgrade scheme grant will be increased by 50% from £5,000 to £7,500. The ban on installing oil, liquid petroleum gas (LPG), and new coal heating for off-grid homes has been delayed from 2026 to 2035. An exemption will be introduced for households that struggle to switch to heat pumps from 2035, covering about a fifth of homes in England. The effectiveness and feasibility of these measures should be considered, as factors such as the cost of installing heat pumps and the suitability of homes for heat pump installation need to be taken into account. BEST MOMENTS "The government have introduced three new net zero measures, which may or may not affect landlords moving forward." "If you've got an old boiler and you want an upgrade scheme, i.e. not necessarily to a new boiler, because remember gas is evil and gas is bad and no more gas and oil..." "The government, I also think, have started to realise that the infrastructure for the grid isn't in place because the UK in general is not very energy independent..." "Not everyone's going to be in a position to have a heat pump or to live in a home that's conducive to having a heat pump." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the current situation in the Scottish housing market where Scottish councils are proposing to raise rents by as much as 8.4% to cover their costs, while private landlords are constrained by rent caps. Rob highlights the unfairness of this situation, as landlords face high mortgage rates and are unable to take advantage of the rent cap loophole. The episode explores the consequences of these policies, including landlords selling their properties and decreasing the supply of rental housing. KEY TAKEAWAYS Scottish councils are proposing to raise rents by as much as 8.4% to cover their costs, while private landlords are constrained by rent caps. Private landlords in Scotland face rent controls of just 3% until March 2024, potentially 2025, while councils are looking to increase rents by up to 8.4%. Edinburgh Council has declared a housing emergency due to a lack of housing stock, as landlords are selling their properties and not being replaced by other landlords. The council justifies the rent increases by claiming they need to upgrade existing homes to high energy efficient standards, but private landlords are not able to increase rents to cover similar costs. The mismatch between rent controls for private landlords and rent increases for councils is causing issues in the Scottish housing market. BEST MOMENTS "Rent controls or price controls of any sort do not work." "There's not enough housing stock because landlords are being pretty much pushed out of the market." "It's just insanity. Insanity from the point of view of what they're trying to achieve and how they want people to get there." "A lot of faeces close to hitting the fan up in Scotland on the housing sector." "I just wish for a lot of things, but a bit more joined up thinking from people would be fantastic." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob talks about the three essential reasons why rents are rising, challenging the mainstream media's portrayal of landlords and delving into the economic factors driving the increase in rents. KEY TAKEAWAYS One of the main reasons for rising rents is the decrease in supply caused by landlords leaving the market. This imbalance between supply and demand leads to an increase in rental prices. Access to home ownership has become more expensive due to higher mortgage rates. As a result, more people are unable to buy a home and are forced to rent instead. This increased demand for rental properties further drives up rents. The lack of sufficient property construction contributes to the supply-demand imbalance in the rental market. Despite government efforts, the housing quota for new construction has not been met, resulting in limited availability of rental properties and higher rental prices. While not listed as a main reason, some argue that high levels of immigration can impact the rental market. The use of properties to house migrants or immigrants may reduce the supply of rental properties, leading to increased rents due to supply and demand dynamics. BEST MOMENTS "We're all right-wing capitalist pigs in the eyes of mainstream media." "If landlords are leaving the market, this is decreasing supply... therefore rents have to go up. It's just natural market forces." "Higher mortgage rates have made access to home ownership more expensive... that means the cost of borrowing is more expensive... more people being able to potentially afford to buy a home and now not being able to afford to buy a home." "Not enough property is being built... supply is nowhere near the level of demand... that means that you're going to have high prices." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the recent scrapping of the new energy efficiency rules for rental properties in England, highlighting the impact this decision has on property portfolios and the rental market. Rob explains that the implementation of energy efficiency rules created uncertainty and led to landlords selling off their properties, reducing the housing supply and contributing to rent increases. While the decision may mean that tenants will continue to rent properties with poor energy efficiency, it provides landlords with much-needed clarity and removes the burden of costly retrofitting. KEY TAKEAWAYS The new energy efficiency rules for rental properties in England have been scrapped, which has a significant impact on portfolios moving forward. The implementation of EPCC ratings created uncertainty in the market and affected property investors' strategies and decisions. The cost of retrofitting older homes to meet energy efficiency standards, such as installing external wall insulation, was high and not always cost-effective. The uncertainty surrounding energy efficiency policy has been damaging to the supply of rented properties, leading to landlords selling off their portfolios and decreasing the housing supply. While the decision to scrap the legislation benefits landlords by removing uncertainty, it may result in tenants renting properties with poor energy efficiency for longer. BEST MOMENTS "The cost of getting them up to up to scratch, as in terms of EPC rating, could be quite high." "The uncertainty surrounding energy efficiency policy has been hugely damaging to the supply of rented properties." "Although it does mean that tenants could be renting properties with poor energy efficiency for longer." "EPCC ratings have been scrapped for England. Good news for landlords, not necessarily the best news for tenants." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is joined by Chris Grant, an experienced property investor with a portfolio worth over £10 million. Chris shares his journey in the property industry, from starting as an estate agent to building his own portfolio through flips and investments. The focus of the episode is on the topic of rent-to-rent and rent-to-rent service accommodation, which Chris refers to as a ticking time bomb. He highlights the potential risks and liabilities that landlords may face when entering into rent-to-rent agreements, including compliance issues and the lack of regulation in the market. KEY TAKEAWAYS Rent-to-rent is an arrangement where a property owner allows a third party to rent out their property and profit from it. Rent-to-rent operators may take on full responsibility for renting the property, but the ultimate liability still falls on the property owner. The rent-to-rent market is largely unregulated, with operators often lacking experience and proper compliance measures. Landlords should exercise caution when entering into rent-to-rent agreements and conduct thorough due diligence on operators. Mortgage companies may not have specific provisions for rent-to-rent agreements, potentially creating issues for landlords in the future. BEST MOMENTS "I think where the issue lies with me is in handing over your property for somebody else to have almost complete control of in times where we've got very and increasingly strict licensing regulations." "I think lenders probably really need a wake-up call to the extent of rent-to-rent that is out there at the moment." "I think there's very much an easy money environment that's been created there. That's how people sort of see it." "You're dealing with people's welfare, healthcare, and putting a roof over people's head and, you know, something like that you just can't leave." VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 https://linktr.ee/EPCChoice GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob interviews Kevin Whelan, an economist, author, and founder of Wealth Builders. Kevin is an expert on SSAS pensions and shares valuable insights on tax-efficient pension strategies. He explains the difference between a SSAS and SIPP's, highlighting the benefits of using a SSAS to build wealth and become financially independent. Kevin discusses various strategies, such as the buy, borrow, and bridge strategies, that can be used within a SSAS to invest in property and generate income. He also emphasises the importance of financial literacy and shares a petition to include it in the school curriculum. KEY TAKEAWAYS Tax-efficient pension strategies can help individuals build wealth and become financially independent. There are two main types of pension funds: Self-Invested Personal Pension (SIPP) and Small Self-Administered Scheme (SSAS). A SSAS allows individuals to lend up to 50% of their pension funds to their property company, providing a way to access funds for property investments. SSAS also allows for collaboration, where multiple individuals can pool their pension funds to increase buying power and negotiation skills. SSAS offers tax benefits, protection from creditors, and the ability to pass on wealth seamlessly to the next generation. BEST MOMENTS "The vast majority of people park that money in the stock market, but their real passion is property. So my skill is how do you turn a pension that looks like it's do not disturb to money you can use today?" "If you've got more money, what have you got? More buying power. If you've got more buying power, what have you got? More negotiation skills." "I've never seen anything more tax efficient, more inheritance tax friendly and more able to pass on seamlessly to the next generation." - VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob and special guest, guest Sarah Poynton-Ryan discuss debt reduction, debt management, and Sarah's personal journey from financial struggles to becoming a successful entrepreneur in the property industry. Sarah shares her experiences of starting a photo booth business, facing debt and business challenges, and ultimately finding success through property investment. She emphasises the importance of understanding money mechanics and differentiating between good and bad debt. Sarah also highlights the need for operational business practices and the importance of enjoying the journey while preparing for a secure financial future. KEY TAKEAWAYS Debt can be categorised as either good debt or bad debt. Good debt is debt that adds to your personal resources, while bad debt is debt that drains your personal resources. It is important to understand the fundamentals of money and how it works in both personal and business finances. This includes understanding the difference between gross profit and net profit, as well as the difference between turnover and net profit. Rent-to-rent and sourcing can be effective strategies for generating cash flow, but it is crucial to build a business rather than just a job. Running a business requires operational best practices and the ability to implement theory into practice. Clearing debt is an important milestone, but it is also important to enjoy the fruits of your labor. However, it is equally important to prepare for the future and lay the foundations for a simple and secure financial future. BEST MOMENTS "I was in loads of debt, my business was failing, I was subsidising the company with personal money." "I had to learn about money... how you can clear debt in the most efficient ways." "I love a buy to let." "Don't worry about becoming a millionaire. That will be a consequence. If you're doing one deal, then the next one, then the next one." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Property investor Mark Winship of Gateway Accommodation shares his journey from elite sports coaching to property investment. Mark discusses how his background in coaching tennis and performance coaching has influenced his approach to property. He explains the concept of apart hotels, which are converted guest houses that offer self-catering facilities and automated self-check-in. Mark also shares his experience with planning applications and the importance of building a strong power team. KEY TAKEAWAYS Mark's background in elite sports coaching has influenced his approach to property investment, particularly in terms of goal setting, discipline, and resilience. Apart hotels are a type of accommodation that involves converting guest houses or bed and breakfasts into self-contained studios or apartments with self-catering facilities. Apart hotels straddle the line between hotels and serviced accommodation, offering a more flexible and modern approach to short to medium-term stays. Planning permission may be required for converting properties into apart hotels, but targeting guest houses with existing C1 planning use class can simplify the process. Building a strong power team and surrounding oneself with experts in various areas is crucial for success in property investment and management. BEST MOMENTS "I think some of it's lacks the substance, like just willing something into existence isn't necessarily going to make it a reality." "It's about having the right team around you. It's having a power team that you can lean on, that as investors we don't need to know the answers to." "I think there are lots of opportunities out there. I like it because it's not a crowded market. It's not a particularly competitive market. So there's scope to do some quite creative deals." "The main ethos is to create a community of like-minded investors who are there to support each other." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is joined by Marc Champ of Wharf Financial, to discuss their predictions for the year 2024. They start by highlighting the positive signs in the property market, such as reduced interest rates and increased activity. They also mention the expectation of a decrease in the base rate and the potential impact of political events on the economy. They then go through a series of predictions, including inflation rates, the Bank of England base rate, the Prime Minister, average house prices, the US President, and the winner of Euro 2024... KEY TAKEAWAYS The property market in 2024 is showing positive signs, with lenders reducing rates and increased activity in new buyers and sellers. There is an expectation that the base rate will come down, with predictions suggesting it will start decreasing in May and settle around 3% by May 2025. Commercial property conversions are becoming more attractive due to increased fixed charge receiverships, presenting opportunities for investors. Inflation predictions are divided, with some expecting it to decrease slightly and others anticipating a secondary bout of inflation that could be worse. The majority of predictions suggest that the average UK house price will increase by the end of 2024, following the historical trend of year-on-year growth. BEST MOMENTS "We've seen a lot of activity in new people coming to the market and thinking it's the right time and other people finally getting off the hands that they've been sitting on for so long." "I think there's definitely opportunities. There's ways..." "I think people are ready for change. So most people say Keir Starmer as well." "I think it'll be Keir Starmer. I think anything less than a Labour majority and then it would be not criminal, but it would be something's gone wrong in this country." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob talks about the growing national debt in the UK and its potential consequences, drawing parallels between the current situation and the financial challenges faced by Britain in the 1970s. Rob highlights the unsustainable path of increasing debt, rising inflation, and mounting public debt, and discusses the possibility of a debt reset and the potential return to a gold standard. KEY TAKEAWAYS Britain's debt is a ticking time bomb that is increasing and becoming unsustainable. The current debt situation in the UK is similar to the financial issues faced in the 1970s. The government is not making hard decisions or taking necessary actions to address the debt problem, instead passing the burden onto future generations. The potential for a debt reset or a return to a gold standard could create opportunities for those prepared and invested in gold and silver. Property investment and diversification strategies can help protect against the impact of the debt time bomb and provide opportunities for growth during the crisis. BEST MOMENTS "We've got inflation running away at the moment, I would say. If you've had to top up your car recently, you'd probably appreciate that that's anywhere between 30% and 50% up in the last couple of years." "If we go back to a gold standard based on the current debt that we've got, not just the UK, but globally, the price of gold could be anywhere between 5,000 to 20, maybe even $25,000." "We're in this death spiral where it's just going to implode. But government, mainstream media, we're going to keep the game ticking along for as long as possible." "We in the UK, we've got a ticking debt time bomb. Our debt's increasing, debt to GDP is increasing. It's eerily similar to the 1970s in terms of what's going on from a macro point of view." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob shares various strategies and actions that listeners can take to improve their financial well-being in the coming years, and explores two assumptions: one for listeners who have no property and suggest acquiring property as a first step towards building wealth and security, and another assumption for those who already have a buy-to-let portfolio and encourage diversification into other property strategies and income streams. KEY TAKEAWAYS Building wealth and security in 2024 requires taking action in the property market. If you have no property, consider acquiring some by networking, getting training, and doing your own research. If you already have a buy-to-let portfolio, look to diversify and explore new property strategies. Consider investing in gold and silver as a way to build wealth and security. Owning physical metal can provide a hedge against inflation and potential capital appreciation. Do your own research and consider the advantages of owning the physical metal itself rather than investing in paper gold or silver. Look for investment opportunities in unloved or contrarian areas, such as the energy sector or mining stocks. Research companies with solid business bases that may provide dividends or yield. Be prepared for ups and downs in the stock market and consider taking advantage of opportunities that arise during market downturns. Consider acquiring land and building your own home as a way to increase your level of security. Focus on energy efficiency by installing solar panels or heat source pumps. Having your own water and food sources can provide a level of self-sufficiency in case of emergencies or disruptions. BEST MOMENTS "Maybe you want to look at investing in unloved areas, contrarian areas. Maybe that area is energy." "Maybe you should look at gold itself. By the way, I should caveat that when you're talking about gold and silver, I'm talking about the physical money itself." "Maybe you want to go down the heat source pump route. Maybe you want to have that reservoir. Do you have a body of water that you can have your own water source?" VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob delves into the key differences between landlords and property investors, highlighting three main areas of distinction: role and focus, income generation, and involvement and time commitment. Landlords primarily focus on property management and rental income, while property investors have a broader spectrum of investment strategies. Landlords rely on rental payments as their main source of income, whereas property investors may also generate income through selling properties, mentoring, or other ventures. KEY TAKEAWAYS The key differences between landlords and property investors are often overlooked and not widely discussed. Landlords primarily focus on property management and rental income, while property investors have a broader spectrum of investment strategies. Landlords rely mainly on rental income for their primary source of income, while property investors may also generate income through capital appreciation, mentoring, training businesses, writing books, or monetising podcasts. Landlords are typically more hands-on and involved in the day-to-day management of properties, while property investors tend to take a more hands-off approach and utilise power teams and letting agents. BEST MOMENTS "The time commitment that a landlord has is significantly quite high in comparison to property investors." "We've always said, as long as you do everything under this giant ethical umbrella, i.e. what you're doing is perfectly legal to do, there's no right or wrong." "We know people that have started out being property investors that have gone over to being landlords because they actually prefer that aspect of running the portfolio." "Ultimately, these things take time. There is no right or wrong. You have to do what works for you, and you can only do that through trial and error." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob talks about the surprising trend of countries, including Poland, buying large amounts of gold, focussing on the potential reasons behind this, such as a shift towards a new gold standard and the need for countries to meet the gold to GDP ratio requirement set by the EU. KEY TAKEAWAYS Poland's central bank has been aggressively buying gold in recent years, with the goal of bringing its gold to GDP ratio in line with the eurozone average. This suggests that there may be a potential shift towards a new gold standard in the future. The EU has a covert requirement for nations to have a certain amount of gold to their GDP, indicating a possible hidden agenda for a gold standard. Gold has an allure and reliability that makes it the ultimate anchor of trust, according to the head of the Dutch Central Bank. This is why central banks and individuals around the world have been buying gold as a means of protecting their wealth. The revaluation of gold, based on the world's debt, could potentially lead to a significant increase in its price. Some experts speculate that gold could reach prices as high as $5,000, $10,000, or even $20,000 per ounce. BEST MOMENTS "Gold is the ultimate anchor of trust. If the entire financial system collapses, you still have the gold and the gold retains its value." "The more you read into it, the more you realise this probably, probably not saying it will, but it will probably happen, is that there's going to be a new shift to a gold standard." "If we shift to a new gold standard, that could then lead to a massive revaluation in gold itself." "Gold just has this allure to it. It has this aura. And it has this reliability. Gold never lets you down." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is here to wish you a very happy new year, and three interesting facts about January 1st, including the introduction of the Julian calendar, the first time the Union Jack flag was flown in Dublin, and the overthrow of a Cuban dictator... KEY TAKEAWAYS Rob shares three random facts about January 1st, including the use of the Julian calendar in 45 BC, the first flying of the Union Jack flag in Dublin in 1801, and the overthrow of the Cuban dictator Fulgencio Batista by Fidel Castro's forces in 1959. Upcoming episodes will cover topics such as gold, interviews, and the differences between landlords and investors. BEST MOMENTS "We sincerely hope that you have got your New Year's resolutions already in place and that you are ready and raring to go." "In 45 BC, the Julian calendar was used for the very first time. The Julian calendar was suggested by Julius Caesar and was used from 45 BC before being replaced by the Gregorian calendar back in 1582." "Union Jack flag was flown for the first time in Dublin, Ireland to commemorate the union between Great Britain and Ireland and that was in 1801." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is joined by Marc Champ of Wharf Financial to discuss their predictions for 2023. They review their previous predictions, which included topics such as bridging finance, Bank of England rates, inflation, house prices, and the future of nuclear energy. They also assess the accuracy of their predictions and discuss the current state of the market... KEY TAKEAWAYS Bridging finance has not dissipated as predicted, but there has been a decrease in the number of new bridging companies entering the market. Some bridging lenders have struggled due to increased competition and the need to raise rates to remain profitable. The Bank of England rate has increased to 4-5%, which aligns with the predictions made in the podcast. Inflation has not come down from 10% as predicted, but rather stands at 4.7% according to official CPI figures. However, it is acknowledged that CPI figures may not fully capture the true extent of inflation. House prices have remained relatively stable, with a slight decrease of 0.1% according to the recent house price index. This contradicts the prediction of a 10% decrease in house prices. BEST MOMENTS "I thought there would be a lot of [bridging finance companies] that would struggle because there were so many in the market." "If you borrow money, you have to repay it in the end." "I remember talking at the time saying [the Bank of England rate] will get up there because everybody everything needs to be repaid. And that's exactly what's happened." "The world and its economy isn't as up and down as people make out." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob shares three funky Christmas facts, including the origin of the word "Christmas," the tradition of hanging stockings, and the history behind Boxing Day. He's also here to wish listeners a Merry Christmas and a Happy New Year! KEY TAKEAWAYS The term "Christmas" is a contraction of "Christ's Mass," derived from Middle English and Old English phrases. The tradition of hanging stockings comes from the Dutch custom of leaving shoes filled with food for St. Nicholas's donkeys, who would leave small gifts in return. Boxing Day in the UK is named after the practice of collecting money in church hounds boxes for the poor. The next episode of the podcast will feature a recap of the hosts' 2023 predictions, followed by a New Year's episode and a return to regular content in January. BEST MOMENTS "We really hope that we have added value to you and that everything we've discussed, everything we've ranted about, everything we've talked about, has helped you either get started in property investing or has taken you to the next level in property or has pushed you to do something that's made you slightly uncomfortable." "Hanging stockings out comes from the Dutch custom of leaving shoes packed with food for St. Nicholas's donkeys. He would leave small gifts in return. So if you've got your Christmas stockings, now you know where they come from." "Boxing Day gets its name from all the money collected in church hounds boxes for the poor. That's a question I sometimes get asked, actually. Why do we have Boxing Day here in the UK? Apparently, that's where the name comes from." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is here to discuss a potential mortgage liquidity crisis that is brewing in the commercial property sector. Rob explains that the shift towards remote work has left many office spaces empty, decreasing their value and creating challenges for landlords and property owners. This crisis could have significant impacts on mortgage lending, interest rates, and portfolios... KEY TAKEAWAYS A mortgage liquidity crisis is potentially brewing in the commercial property sector, which could have significant impacts on mortgage lending, interest rates, and refinancing options. Blackstone Mortgage Trust, a large private equity giant, is reportedly at risk of a cash crunch, according to the hedge fund Muddy Waters. The shift towards remote work has left many office spaces empty, decreasing the value of commercial properties and making it challenging for landlords to refinance their loans. The commercial property sector is facing a ticking time bomb, with a large number of loans due back in 2024 and the potential for higher interest rates and overhead costs. The mainstream media may not be extensively covering this issue, highlighting the importance of seeking alternative sources of information to stay informed about potential risks in the market. BEST MOMENTS "A mortgage liquidity crisis is brewing... it's very, very dangerous for everyone involved." "Blackstone Mortgage Trust is at a risk of liquidity crisis... that could have massive impacts on mortgage lending and what rates you get." "There's a lot of issues in the commercial sector... if people are working from home, then they don't need office or office spaces." "This is why we record such content like this... it's imperative that we have an understanding of what is going on behind the scenes." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Marc Champ of Wharf Financial joins Rob to discuss the current state of the property market. Despite the usual slowdown during the festive season, Marc reveals that he has been unusually busy in recent weeks, attributing this to the decrease in interest rates, which has prompted investors to re-enter the market. They discuss the types of properties that are in demand, such as terrace houses for conversion into HMOs and houses for conversion into flats, and also shares insights into the lending landscape, noting that while rates have dropped, lenders are facing challenges in converting applications into completed deals. KEY TAKEAWAYS Property market activity has picked up in recent weeks, with investors returning to the market as interest rates have eased off. Lenders are actively seeking deals, but the conversion rate from application in principle to completion may be lower due to stricter stress tests. Rates have come down across the board, and there are new lending products being piloted that have been beneficial for customers. December is a good time for business owners to work harder and plan for the upcoming year, taking advantage of the quieter period when others may be less focused. Inflation appears to be under control, and interest rates may not drop significantly in the next six months. However, there are still opportunities in the property market, particularly for those looking to buy distressed properties. BEST MOMENTS "I think inflation is under control and we're going to have to actually say inflation has been conquered for now." "There's always opportunity, keep your eyes open, keep looking, keep talking to people" "The more situations you put yourself in, the more opportunities that will arise." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob looks at the disappointment surrounding the UK government's decision to not include the leasehold ban in its new housing reform law. He stresses the importance of doing thorough research and having a reliable solicitor when purchasing a property, especially when it comes to leasehold houses and the potential issues with service charges and ground rents, and also touches on the political dynamics and speculate about the future of leasehold reforms under a Labour government. KEY TAKEAWAYS The UK government has decided not to include the leasehold ban in its new housing reform law, which is a disappointment for many people. The government has a history of saying one thing and doing another, so it's not surprising that they have not followed through on their promise. When purchasing a property, it is important to do your own homework and have a good solicitor who can point out any red flags, especially when it comes to leasehold houses and the challenges they may present. The government's decision may be influenced by their own interests, such as owning block management companies or having ties to leasehold companies. BEST MOMENTS "Surprise, surprise, the government have decided to not include the leasehold ban in its new housing reform law." "Labour saying that the bill's been watered down and doesn't match what was promised by government." "Mr Gove has branded leaseholds unfair and outdated. He's previously said he wants to scrap them entirely." "We shouldn't be surprised by this whatsoever. It is what it is. This is the way the system is." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses two lighthearted yet absurd stories involving councils and their inefficiencies. The first story revolves around a West London council that sent bailiffs to collect unpaid council tax for a property that the council itself owned. This level of incompetence not only wasted taxpayer money but also caused distress to the individual involved. The second story highlights the financial struggles of councils, with Nottingham City Council and Birmingham City Council filing for bankruptcy. KEY TAKEAWAYS Inefficiency costs taxpayers money and is a serious concern. The council in question failed to check its own records and communicate internally, resulting in unnecessary expenses and distress for the property owner. Nottingham City Council and Birmingham City Council have filed for bankruptcy, indicating financial mismanagement and potential shortfalls in their finances. This raises concerns about the ability of some councils to effectively manage their constituencies. Councils may resort to increasing taxes to cover their financial shortcomings, which could negatively impact property owners and taxpayers in those areas. BEST MOMENTS "And this is why a lot of councils and whatnot are going bankrupt." "They're looking to treble people's council tax to pay for bus lane improvements, because they've got like a super bus network in that part of the country." "And there's been a massive misallocation of finance. There's been a massive misallocation of public funds and funds are being put into the hands of people that have no idea how to run it." "Because chances are the councillors are going to need to raise cash. And of course, landlords, landladies, land people, just people that own housing in general, they're gonna get the short end of the stick as they normally do." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob examines an interesting law change that could potentially double council tax for second homeowners in Bath and North East Somerset, UK. As he explains, it is primarily a means for the council to generate more revenue, and Rob questions whether doubling the council tax will actually incentivise second homeowners to bring their empty properties back onto the market, as the affluent nature of the area may mean that the increased tax is easily affordable for most... KEY TAKEAWAYS The council in Bath and North East Somerset is considering doubling the council tax for second homeowners in an effort to bring long-term empty homes back onto the market. The council believes that there are 858 homes in the area that would be impacted by this tax increase, which could generate an additional £1.84 million per year. However, it is unlikely that doubling the council tax will have a significant impact on second homeowners in Bath and North East Somerset, as the area is relatively affluent and most homeowners can likely afford the increase. If the tax increase does not incentivise second homeowners to sell their properties, they may instead choose to rent them out or use them for short-term rentals like Airbnb, which would not result in any additional council tax revenue. BEST MOMENTS "What the council were trying to do, apart from make cash, which they won't admit, but let's be honest, that's what they're looking to do." "If the council tax were to be doubled and there's no restrictions in those areas, i.e. let's just say there's not an Article 4 restriction or whatever, these people might then decide to rent out the property." "The council probably just needs to turn around and say, look, we're a bit short on cash and we're going to do other videos about other councils that have gone bankrupt in a future video and episode." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the recent extension of the mortgage guarantee scheme by the government, which allows individuals with a small deposit to apply for a government-backed 95% mortgage guarantee, enabling them to get on the housing ladder. While this may seem like a great opportunity, Rob highlights the potential risks involved, particularly if the value of the property decreases in the future. KEY TAKEAWAYS The government has extended the mortgage guarantee scheme for 18 months, allowing people with a small deposit to apply for a 95% mortgage guarantee. The scheme enables both first-time buyers and current homeowners to purchase properties up to £600,000 with a 5% deposit. While the extension of the scheme may seem beneficial, there is a potential risk of negative equity if the value of the home decreases during the mortgage term. It is important to consider the economic factors and potential risks before jumping into the scheme, and to have a strategic plan in place. BEST MOMENTS "The government have extended the mortgage guarantee scheme for 18 months and that's very interesting because of the potential economic turmoil that may happen in the next couple of years." "And that is where you really have to consider where you're buying, what your plan is, what you're doing moving forward." "The amount of people that have no idea of the economics and what could potentially happen and what is likely to happen is incredibly scary." "Hence the reason for this episode, just to bring that alertness and to consistently add value and to give you things to think about." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the exciting changes in the property industry following the UK autumn budget. The Chancellor announced reforms to streamline the system, including a new permitted development right that allows one house to be converted into two homes without the need for full planning permission. This game-changing development opens up new opportunities for property investors and developers to increase housing supply and potentially make significant profits. KEY TAKEAWAYS The UK autumn budget introduced reforms to streamline the property conversion process, allowing one house to be converted into two homes through permitted development rights. This change will help tackle backlogs in local planning authorities and boost housing supply. Property investors and developers can now consider converting family homes into two dwellings, potentially increasing the value and rental income. It is important to do thorough research and analysis before undertaking any property conversion project to ensure demand and suitability. BEST MOMENTS "Massive, massive, massive changes coming up in property." "You're now going to be able to just convert one of them through permitted development, rather than go through full planning." "Now I've got permitted development to do that, then actually, I might be able to certainly increase the value of the home, but I could be able to double my rent here." "And the minute that comes into place, then that is going to make a big difference moving forward." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob welcomes back Adrian Benjamin to discuss property protection strategies. Adrian, with his corporate background and experience in property sourcing, shares valuable insights on how to protect yourself and your property business. They delve into the benefits of setting up a limited company for tax efficiency and how to utilise products like life insurance and executive income protection through the business. KEY TAKEAWAYS Setting up a limited company for a property business can provide tax efficiency and allow for financial protection through the company. Life insurance can be put through a limited company as a company expense, potentially lowering the corporation tax bill. Shareholder protection is important for joint ventures, as it ensures that the shares of a deceased partner can be bought by the remaining partner, preventing potential issues with decision-making. Key person cover is crucial for businesses that rely heavily on a specific individual, as it provides financial support in the event that the key person is unable to work. BEST MOMENTS "So there's some great products out there where you can still have financial protection but put it through the limited company." "Your tenants are paying for a policy that will cover the whole portfolio. So it's kind of a no brainer." "That's what happens with limited company directors. So there's a product called shareholder protection, whereby if that was to happen, you also need a cross option agreement drawn up by a solicitor or legal specialist." "If that person's off sick or passes away, that's a massive impact on your business because you can't replace them because everything's in their head." VALUABLE RESOURCES Book a call with Adrian Follow Adrian on insta Connect with Adrian on facebook Connect with Adrian on linkedin Subscribe to Adrian on youtube GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the potential impact of rising inflation on the economy, explaining that as pay rises outstrip inflation, people will demand higher compensation to cover the increased cost of living. This, in turn, leads to increased overheads for businesses, which may result in higher prices for consumers... KEY TAKEAWAYS Inflation is expected to increase due to pay rises outstripping inflation in recent years. When pay increases exceed inflation, companies may pass on the increased costs to consumers, resulting in higher prices. The disparity between wage growth and inflation may lead to a vicious circle of price increases and further inflation. The future of interest rates is uncertain and may be influenced by government policy and decisions made by the Federal Reserve. Businesses that are not run efficiently may face challenges as overheads increase and costs are passed on to consumers. BEST MOMENTS "If those costs get passed over to the customer, that is going to be in the terms of higher prices. And then we start getting onto that slippery slope again." "What will happen is that the consumer is likely going to be hit with even more price increases and then the vicious circle starts again." "What is alarming is from speaking to a couple of friends and other people in various communities is the amount of people that have somehow ended up on variable mortgages by design." "So although the BBC in this particular case is where the articles come from, although they might be trying to put a positive spin on it, actually, it's probably gonna have a negative consequence moving forward." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob delves into the topic of heat pumps and their suitability for British homes, highlighting the potential disadvantages such as increased bills and the need for proper insulation. Rob also address the issue of noise levels, stating that heat pumps may be too noisy for built-up areas and terraced houses. KEY TAKEAWAYS Heat pumps are considered too noisy for British homes, despite plans to install millions of them. This poses a challenge for homeowners and the implementation of heat pump technology. Heat pumps can lead to increased energy bills, especially if the rest of the home is not properly insulated or if the switch from gas to electric is made. This is an important consideration for individuals looking to install heat pumps. Terraced houses and older style properties may face difficulties in accommodating heat pumps due to limited space and potential noise issues. This raises concerns about the feasibility of heat pump installations in these types of properties. The UK's energy companies and the higher cost of electricity compared to gas contribute to the potential financial burden of using heat pumps. This aspect is often overlooked when promoting heat pump technology. BEST MOMENTS "What you're not being told as a potential customer is that if you go to install a heat pump and you live in an older style property, is the rest of your home insulated properly?" "There's a new report that's come out that's suggesting now that heat pumps are too noisy for British homes, despite the plan to install millions." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob talks about the potential introduction of inheritance tax and stamp duty cuts in the upcoming autumn budget, speculating on the impact these cuts could have on the housing market, with the possibility of stimulating demand and increasing prices. KEY TAKEAWAYS There are rumours that inheritance tax and stamp duty cuts could be introduced in the upcoming autumn budget, which could potentially impact the housing market. The introduction of inheritance tax cuts could be beneficial for many individuals, as it can help avoid unexpected tax burdens. The potential cuts in stamp duty could stimulate the housing market by boosting demand and potentially increasing prices. However, the effectiveness of stamp duty cuts in stimulating the housing market may be limited due to other economic factors such as mortgage costs and legal fees. BEST MOMENTS "There's some murmurings at the moment, apart from David Cameron being back in office which has surprised a lot of people." "Inheritance tax cuts could be introduced... Sometimes you can get stumped by IHT without even realising." "Stamp duty cuts will be quite interesting if they were to happen... that could give the housing market a bit of a boost." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob talks about the bankruptcy filing of WeWork, a shared office firm that was once valued at $38 billion. He highlights the significance of this event, as it indicates potential opportunities in the commercial property sector. With WeWork likely handing back real estate to banks and landlords, there may be deals to be done and empty properties available for acquisition. KEY TAKEAWAYS WeWork, a shared office firm once valued at $38 billion, has been forced to file for bankruptcy in the US. This indicates potential opportunities in the commercial property sector as landlords may be looking to offload empty properties. The bankruptcy of WeWork could lead to a ripple effect in the global economy, impacting other companies and banks with large liabilities. Landlords who are left with empty properties may be open to deals and negotiations, creating opportunities for property investors. The potential changes to permitted development by the government could further enhance the opportunity to acquire and convert these properties into different types of office spaces or residential properties. BEST MOMENTS "If big, massive companies like this who own a lot of offices globally are hitting the wall, then that means that they could probably going to be handing a lot of this real estate, dare I say it, back to the banks, etc." "What this means moving forward is that if they are handing the leases back to the parent companies or the banks or whatever it is they're doing, then that's going to create a lot of opportunity because the landlords are going to be in the position where they're going to have a lot of empty property." "Will people ever go back to offices in their droves? I don't know, to be perfectly honest. Probably unlikely. Things have happened. Things have changed." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob recaps the key points from the recent King's speech, focusing on housing-related announcements. The first major point is the introduction of a new leasehold and freehold bill, which will ban leaseholds for new houses in England and Wales. Additionally, the standard lease extension period will be increased to 990 years. Rob talks about the potential benefits of these changes, such as providing clarity and security for homeowners. KEY TAKEAWAYS The King's speech announced a new leasehold and freehold bill that will ban leaseholds for new houses in England and Wales, while increasing the standard lease extension period to 990 years. This aims to provide more clarity and security in the property market. Banning leaseholds for new homes is seen as a positive move for the property market, as it eliminates potential issues with leases and ground rent. However, it is not expected to have a significant impact on flats, which are commonly leasehold. The extension of lease periods to 990 years presents an opportunity for buyers to acquire properties with shorter lease terms at discounted prices and then extend the lease, adding value and ensuring long-term security. The Renters Reform Bill, mentioned in the King's speech, will eventually ban no-fault evictions in England. However, this will only come into force after reforms to the court system, which could take a considerable amount of time. BEST MOMENTS "I do think banning leaseholds for new homes is probably a good thing." "It's tidying up the system a little bit... You've added value and you've got a bit more of a long-term security when it comes to that flat." "The Renters Reform Bill, it will come into law at some point... but it will only come into force after reforms to the court system." "From a landlord's point of view, it's an absolute pain in the backside." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob interviews Adrian Benjamin, a financial protection specialist with over 10 years of experience in the banking industry. Adrian shares his expertise on protecting wealth for the short, medium, and long term, with a focus on family life planning. He discusses the importance of life insurance, wills, and trusts, and highlights the need for comprehensive protection in case of unforeseen events., focussing upon the affordability of these measures and addresses common misconceptions about insurance payouts. KEY TAKEAWAYS Life insurance is a crucial aspect of family life planning, as it provides financial protection for your loved ones in the event of your passing. It helps to cover the loss of income and can be used to pay off debts, support children's education, or invest in properties. It is important to have a will in place to ensure that your assets are distributed according to your wishes after your death. A will specifies who gets what and helps to avoid potential conflicts among family members. In addition to life insurance, it is essential to consider other forms of protection, such as private medical insurance, income protection, and critical illness cover. These policies help safeguard your health, ability to earn an income, and provide financial support in case of serious illnesses or accidents. Many people underestimate the affordability of life insurance and other protection policies. Working with a specialist broker can help you find the right coverage that fits your budget. It is important to seek professional advice and understand the benefits and costs associated with different policies to make informed decisions about your family's financial security. BEST MOMENTS "A will is a no-brainer, but as you said, there's probably going to be a lot of people listening to this that haven't thought of that." "So, if you get private medical, you're actually helping the NHS because you're coming out of the queue. You're freeing space up if you can afford it." "So, for me, there's four pillars of protection and people just go to life insurance where it's a bit cliche, but health is wealth, right? If you're not healthy, you can't work, you can't get an income that's massive." "So, if you have your own critical illness cover, you can say, look, I'm going to take a year, two years off, or I'm going to go on holiday. I want to spend more time with my family, or I want to get medical treatment abroad that might cost a bit. That's what that policy is for." VALUABLE RESOURCES Book a call with Adrian Follow Adrian on insta Connect with Adrian on facebook Connect with Adrian on linkedin Subscribe to Adrian on youtube GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob dives deep into the two reasons why achieving net zero emissions is not feasible. highlighting the lack of infrastructure in the world's electric grids to support the rapid growth of renewable energy, and the issue of cost, emphasising that the implementation of environmental initiatives often leads to increased expenses for consumers. KEY TAKEAWAYS The world's electric grids are currently incapable of supporting renewable energy goals, putting government's climate goals at risk. The lack of grid infrastructure is a major obstacle to achieving net zero emissions, as there is not enough capacity to accommodate the increased energy from renewable sources. In order to meet global climate goals, over 80 million kilometres of electric grids need to be added or refurbished by 2040, which is equivalent to the entire existing global grid. The lack of grid capacity is causing renewable power projects to be delayed, with thousands of gigawatts of renewable power waiting in grid connection queues. BEST MOMENTS "The world's electric grids are incapable of supporting renewable energy goals." "We haven't got the infrastructure in place to facilitate this movement properly." "We must do this as soon as possible, 2030, 2035, 2040. We must be a lean, green, electric fighting machine." "Net zero at present isn't going to work for two reasons. Number one, we don't have the grid infrastructure." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the concerning increase in government debt in the UK, which is the largest peacetime increase in over 300 years. Rob highlights the potential consequences of high levels of national debt, such as difficulty in funding public services and responding to economic crises, and touches on the trebling of the debt ratio in the last 15 years alone, with the ratio of debt to GDP reaching over 100%. KEY TAKEAWAYS The UK has experienced the largest peacetime increase in government debt in over 300 years, which is a cause for concern. The ratio of debt to GDP has tripled in the last 15 years alone, reaching over 100% in May 2023. High levels of national debt will hinder the UK's ability to fund public services and respond to economic crises. The UK's borrowing costs have risen to the highest since 1998, making it more difficult for the government to pay back the debt. BEST MOMENTS "We've seen the largest peacetime increase in government debt for more than 300 years." "High levels of national debt will hurt the UK's ability to fund public services and respond to an economic crisis." "The knock-on effect is difficulty in funding services and increasing spending in the event of potential future economic crises." "The forecast is that the ratio will be about 140% of GDP over the next 50 years if current market expectations are correct." GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob is joined once more by Marc Champ of Wharf Financial to discuss the current state of the property market. They touch on topics such as interest rates, inflation, and the potential for a slowdown in the market. Marc shares insights from his conversations with industry professionals and highlights the opportunities that can arise during a slowdown. KEY TAKEAWAYS There is a general perception that interest rates may have peaked and could potentially come down, but recent bond sales could lead to a rise in inflation and interest rates. Despite a slowdown in the market, there are still opportunities for experienced and proactive investors. The banking system is more well-capitalized and better equipped to handle potential crises compared to the 2008 financial crisis. Commercial properties that lack energy efficiency are experiencing significant drops in value, creating opportunities for investors to purchase below market value and improve the properties. BEST MOMENTS "There's been bond sales recently, a lot of bond sales, and that has potentially, it will lead to a rise in inflation again." "I think people are thinking rates are going to go down. But I think they may just go up one more notch and then stabilise and come back down." "There is definitely a slowdown. But as I've always said, when there's a slowdown, there's opportunities for people." "The actual debt is a lot more manageable because lenders have allowed 35 years terms they're allowing some interest only mortgages and this is allow people to manage their finances better." GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses six ways to add value to your home or property portfolio, beginning by questioning the accuracy of an article that claims certain home improvements can significantly increase property value. Rob emphasises that the effectiveness of these improvements is location-dependent and highlights the importance of creating a unique selling point when selling a property. The episode explores various home improvements, such as loft conversions, garage conversions, garden offices, conservatories, new kitchens, and utility rooms, that can potentially add value to a home. KEY TAKEAWAYS Adding a loft conversion or extension, a garage conversion, a garden office, a conservatory, a new kitchen, and a utility room are suggested as ways to add value to a home or portfolio. The effectiveness of these improvements in adding value may vary depending on the location and market conditions. It is important to create a unique selling point for your property to stand out among the competition. Other potential improvements include redecorating, adding a new roof, installing double glazing, upgrading the bathroom, adding a new boiler, installing an electric vehicle charging point, or landscaping the garden. BEST MOMENTS "Just because you go into a higher price bracket, does that mean that you're going to sell your home for a higher amount?" "If I go around to 10 homes and do 10 property viewings, is there a wow factor there somewhere?" "I'd like to know where they got the figures from." "A new kitchen is a new kitchen. Absolutely. Rather than get a new kitchen, you could look to upscale your kitchen." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

To Get £100 off of your solar panels and to get a quote for your home - www.makemyhousegreen.com/?utm_source=tpn_podcast Rob is joined by Greg Chamber, the Head of Product and Customer Experience at Make My House Green. They discuss the benefits of solar panels for landlords and tenants, as well as the process of getting solar panels installed on rental properties. Greg explains how Make My House Green helps landlords estimate savings, increase property value, and attract tenants by offering green energy solutions. He also highlights the tax benefits and potential for selling excess energy back to the grid. KEY TAKEAWAYS Make My House Green is a platform that helps people determine the right green home solutions for their properties, including solar panels. The company has been primarily focused on assisting owner-occupiers, but they are now expanding their services to landlords and tenants. For landlords, installing solar panels can have several benefits, including increasing property value, attracting more tenants, and potentially allowing for higher rental rates. Landlords can estimate the savings from solar panels and add a small monthly fee to the rental agreement to cover the cost, while tenants enjoy reduced energy bills. BEST MOMENTS "I think we're in a position where this is absolutely necessary. And I'm really, really pleased that we can make that necessary shift in a financially viable way." "The odds of your energy performance rating increasing are very high. I'm not the energy performance software, so I never like to guarantee that it's going to go up, but the odds are that your energy certificate rating is going to go higher." "If they can say their energy bills are going to be lower, because they will be, and they're using a large proportion of their energy, like coming from a green source, two big boxes ticked." "I think the property value can also increase. Depending on the location, and I will say that it depends. In some areas, adding solar panels does not or there's no evidence yet to suggest that it does add value." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the importance of diversifying residency and building a global safety net. Drawing from his personal experience of obtaining temporary residency in Mexico, he emphasises the need to have a backup plan in case of unforeseen events or challenges in one's home country, and explores various ways to obtain secondary residencies or passports, such as through financial means, marriage, or ancestry. KEY TAKEAWAYS Diversifying residency and obtaining a secondary passport is crucial for building a global safety net. It is important to have a plan B in case something goes wrong in your home country. There are multiple ways to obtain a secondary residency or passport, such as through financial means, marriage, changing religion, or ancestry. Having a secondary residency or passport provides flexibility and options for yourself, your family, and your business. It is important to not put all your eggs in one basket and to explore the possibility of obtaining a secondary residency or passport. BEST MOMENTS "Having a Mexican residency, or temporary residency, I should say, having that now is crucial." "What if something were to happen in the UK? Going back to our geography, we're in the middle of some global superpowers." "I hate being taxed. I absolutely despise being taxed. You probably do too. Why? Because at the same time, we're in a situation where we've got tax, tax, tax, tax, tax." "It's crucial to have plan B. If you've got it for business, you need it for life." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Get your free ticket for 3 days of GREAT property education and networking. 20th - 22nd October: https://progressivepropertyreferral.com/live-multiple-streams-of-property-income-peterborough-20-22-october-2023-1694096212/AMB4692 Rob talks about the housing crisis in Europe, focusing on an article from France 24, highlighting the soaring costs, lack of supply, and high interest rates that are pricing out renters and deterring prospective buyers. Rob draws parallels to the housing crisis in the UK and attribute it to government responses to the pandemic. KEY TAKEAWAYS There is a housing crisis in Europe, with soaring costs, high interest rates, and a lack of supply. The crisis is not limited to Europe, as similar issues are also happening in the UK and other parts of the world. The demand for housing is higher than the supply, leading to increased prices. Government responses to the pandemic, such as furlough schemes and printing currency, have contributed to the housing crisis. BEST MOMENTS "Soaring costs across the EU are pricing out renters, deterring prospective buyers, preventing new homes from being built." "The French capital is now the second most expensive city in the EU, behind Dublin." "Large numbers of aspiring homeowners are now putting extra pressure on the strained rental market. Demand higher than supply, voila." "Please do not continue to blame Russia for the rest of the EU situation. It's your own government that's gotten you into this mess." GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Get your free ticket for 3 days of GREAT property education and networking. 20th - 22nd October: https://progressivepropertyreferral.com/live-multiple-streams-of-property-income-peterborough-20-22-october-2023-1694096212/AMB4692 Rob discusses a major mistake to avoid when it comes to insulating homes and rental properties. - the issue of using spray foam insulation in the roof, which can have serious long-term consequences... KEY TAKEAWAYS Spray foam insulation in the roof can have serious long-term consequences on the structure of the property, specifically the timbers in the roof. It can cause rotting and affect the overall integrity of the roof. Foam insulation can potentially trap condensation in the roof space if installed incorrectly, leading to further problems for the property. Some mortgage companies, especially high street lenders, are starting to reject properties that have foam insulation in the roof. This can create complications and additional costs for the borrower. It is important to satisfy the lender's requirements when applying for a mortgage. The property needs to be in good working order and meet the lender's standards for suitability as security for the mortgage. BEST MOMENTS "This is a massive no-no as far as I'm concerned…over a long period of time, that can affect the timbers in the roof." "Foam insulation in the roof…a lot of lenders, mainly high street lenders, are rejecting properties that have foam insulation in the roof." "It can potentially cause problems for property if it traps condensation in the roof space…lenders will be looking at that and they sometimes just like taking the easy option." "Not all lenders are going to reject it, but again, it's just going to create complications." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Get your free ticket for 3 days of GREAT property education and networking. 20th - 22nd October: https://progressivepropertyreferral.com/live-multiple-streams-of-property-income-peterborough-20-22-october-2023-1694096212/AMB4692 Rob discusses the recent mortgage rate cuts and the potential impact of inflation on the housing market. While the news of mortgage rates dipping below 6% may seem positive, Rob expresses skepticism due to the possibility of double or triple dip inflation, explaining that the rising costs of fuel and utilities are indicators of potential inflationary pressures... KEY TAKEAWAYS Mortgage rates have recently seen a cut, with the average five-year fixed mortgage rate dipping below 6%. Inflation, particularly driven by rising fuel costs, may negate the benefits of the current mortgage rate cuts. Rob predicts that mortgage rates may continue to increase in the coming years, even if the Bank of England does not raise the base rate, no doubt due to the greed of banks. Halifax is set to launch a five-year fixed rate at 4.93%, which would be the cheapest on the market. However, it is noted that deals at even cheaper rates may be available for those with a deposit of over 40%. BEST MOMENTS "Although this is a welcome cut to an extent, what we've discussed on the podcast recently with inflation, either gonna double or triple dip, then this seemingly bit of good news in reality is gonna get washed away with a tide of bad news moving forward." "I have a feeling that the next few years are going to be quite rocky and that these rates are going to continue to increase moving forward. Even if the Bank of England don't necessarily increase the base rate, I've got a feeling mortgage companies will increase their rates." "Deals are available at substantially cheaper rates as well possibly, especially for those with more than 40% equity or 40% deposit." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob looks into the topic of commercial property and discuss an interesting article about London's office market, highlighting that London's office space is currently experiencing its highest vacancy rates in 30 years, with a 20% contraction in office usage due to post-pandemic hybrid working and a preference for greener buildings in the suburbs. Rob discusses the fact that this trend presents significant opportunities for investors and developers, as commercial property giants like land securities are downgraded by analysts. KEY TAKEAWAYS London's office market is experiencing a rent recession, with the highest levels of empty space in 30 years. This is due to a 20% contraction in office usage, driven by post-pandemic hybrid working and a preference for greener buildings in the suburbs. Commercial property giants like land securities have been downgraded by analysts, indicating the negative impact on the market. The upcoming years will see a significant amount of commercial real estate in the US and UK needing to be refinanced. This presents opportunities for investors to negotiate deals and acquire assets from financial institutions looking to offload liabilities. Despite potential higher interest rates in refinancing, as long as the return on investment (ROI) remains higher than the expenses, investors can still be in a positive position. BEST MOMENTS "London's office market is in a rent recession as volumes of empty space across the West End, City and Canary Wharf hit a 30-year high." "People are starting to figure out that actually working from home isn't the worst thing in the world to do, depending on what job you're doing." "They have, I believe they've got trillions, certainly billions, possibly trillions of real estate that needs to be refinanced at some point." "The mainstream media are now starting to pick up a lot more on the fact that commercial property space is becoming emptier in and around London." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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 Bank of England surprised quite a few people recently by keeping the base rate at 5.25%. With a multitude of reasons floating around as to why they have decided to do that, Rob is here to give you his own personal spin on why that's happened. KEY TAKEAWAYS The Bank of England has decided to keep the base interest rate at 5.25%, which is the first time it has remained stagnant since November 2021. Despite some people getting excited about the rate remaining the same, there are indications that a second wave of inflation is on the horizon, particularly due to the rising price of oil. The current economic data may show some improvement, but the underlying supply factor has not changed, which could contribute to further inflationary pressures. The upcoming general election in 2024 in the UK is seen as a potential saving grace, as it is unlikely to cause significant disruptions like the US election, which could impact economic policies and decisions. BEST MOMENTS "There's going to be a second wave of inflation coming our way very, very soon." "With MMT, it's just not going to work. It's just not working, and it's not going to work moving forwards either." "Don't be surprised when that interest rate in the next couple of months, or the inflation rate, I should say, increases." "We have a general election due for next year, 2024. And we're highly unlikely to shoot ourselves in the foot like the USA are going to." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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

Rob discusses the proposed oil boiler ban set to take effect in 2026 and its potential impact on rural households in the UK. He highlights the concerns raised by homeowners who rely on oil boilers, particularly those living in areas without access to mains gas, and explores a trial taking place in a small hamlet in Cornwall, where residents are using hydrotreated vegetable oil as an alternative to kerosene. KEY TAKEAWAYS There is a proposed oil boiler ban from 2026 that will affect about 1.7 million households in rural areas that rely on kerosene or heating oil for heating. The ban is driven by concerns about carbon emissions and climate change. A trial in Cornwall is using hydrotreated vegetable oil as a substitute for kerosene in oil boilers, which produces 88% fewer carbon emissions. Some homeowners are resistant to the ban, citing the high cost of alternative heating options like heat pumps and the impracticality of making energy-efficient upgrades to older buildings. BEST MOMENTS "There's an interesting sample, basically, that's happening down in Cornwall in a tiny hamlet " "Official figures, whether you want to believe them or not, it's up to you, show that vegetable oil produces 88% fewer carbon emissions than kerosene." "I hate throwing something away that's working. That boiler could go on for another 5 or 10 years, and it's serviced every year." "In three years' time, the government is saying, thou shalt not have an oil boiler. Thou shalt only have an air source heat pump." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 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 WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast 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